A group of faculty and students formed to protest the cuts at Laurentian University says its lobbying has paid off. In a cabinet shuffle last week, SaultMPP Ross Romano who was the Minister of Colleges and Universities was moved to the Government and Consumer Services portfolio.Jill Dunlop, Simcoe-North MPP, takes over Colleges and Universities. Since…
DetailsNews GPs are calling for widespread primary care funding reform after a not-for-profit bulk-billing co-operative servicing 30,000 patients went into voluntary administration. Pure bulk-billing clinics are becoming less and less sustainable. The National Health Co-operative (NHC), which runs eight not-for-profit bulk-billing clinics in the ACT, reportedly entered voluntary administrationdue toan insurmountable forecast deficit following the…
DetailsWed, 23rd Jun 2021 Litigation funder Manolete booked a 26% drop in annual profit, citing a UK government move to suppress insolvencies, drop in the value of in-process cases and higher staff costs. Manolete also announced the departure of chairman Peter Bertram, who would be replaced by senior director Howard Leigh after its annual general…
DetailsNavin Shenoy, Intels top data center executive, is leaving the semiconductor giant as part of a major restructuring that will regroup businesses around data center, edge computing, software and accelerated computing. In a memo seen by CRN and in a subsequent public announcement Tuesday, Intel CEO Pat Gelsinger announced the restructuring of the Data Platform…
DetailsWashington, DC: IMF Managing Director Kristalina Georgieva today announced that the International Monetary Fund has secured sufficient financing pledges to allow the Fund to provide comprehensive debt relief to Sudan. 101 IMF member countries have pledged to provide more than SDR 992 million (US$1,415.7 million) in financing. This will enable the clearance of Sudans arrears…
DetailsUK companies struggling with coronavirus-related debts have been thrown a lifeline by the government which will not pursue them for unpaid taxes in order to avoid a wave of insolvencies this summer. Restructuring experts have warned that many companies will struggle to stay afloatfrom next month when emergency Covid-19 business support measures begin to be…
Details“The number of prime customers purely using them for that purpose has dropped from 59% to 43%, while home improvement usage has increased.” More second charge borrowers are using the proceeds from their loans for other purposes beyond debt consolidation, according to the latest data from Evolution Money. Evolution’s quarterly data tracker analyses data from…
DetailsANI | Updated: Jun 22, 2021 15:54 IST New Delhi/Mumbai [India], June 22 (ANI/NewsVoir): Cyril Amarchand Mangaldas (Firm) acted as the legal counsel to Committee of Creditors (CoC) of Dewan Housing Finance Corporation Limited (DHFL) on DHFL’s corporate insolvency resolution process. The CoC of DHFL comprises of banks, financial institutions, and authorised representatives acting on…
DetailsThe logo of Garuda Indonesia is pictured on an Airbus A330 aircraft parked at the aircraft builder’s headquarters of Airbus in Colomiers near Toulouse, France, November 15, 2019. REUTERS/Regis Duvignau/File Photo JAKARTA, June 21 (Reuters) – Flag carrier Garuda Indonesia (GIAA.JK), which last week defaulted on a $500 million sukuk, is considering a court supervised…
Details(Eds: Disclaimer: The following press release comes to you under an arrangement with Newsvoir. PTI takes no editorial responsibility for the same.) Delhi | Mumbai, India (NewsVoir) Cyril Amarchand Mangaldas (Firm) acted as the legal counsel to Committee of Creditors (CoC) of Dewan Housing Finance Corporation Limited (DHFL) on DHFLs corporate insolvency resolution process. The…
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