Virgin Australia has made two senior IT appointments as it continue to restructure after exiting from voluntary administration last year. iTnews can reveal that the airline has appointed Mark Allen to the role of head of data platforms and Emma Taylor to the role of head of strategy and architecture. As head of data platforms,…
DetailsBy Reuters Staff 2 Min Read (Corrects to show D-reizen Dutch-owned since December 2020, paragraph three) AMSTERDAM, April 6 (Reuters) – D-RT Group, the parent of Dutch tour operator D-reizen, has been declared bankrupt, a court spokesman said on Tuesday, potentially affecting more than 1,000 employees. The Netherlands has largely avoided corporate bankruptcies during the…
DetailsKristalina Georgieva said the IMF was considering proposals to ensure climate vulnerable middle-income nations receive support to build back better from Covid-19 The head of the International Monetary Fund has urged rich nations to reconsider the criteria for developing countries to access international finance, saying vulnerability to climate shocks should be taken into account. At…
DetailsBy Reuters Staff 2 Min Read (Corrects to show D-reizen Dutch-owned since December 2020, paragraph three) AMSTERDAM, April 6 (Reuters) – D-RT Group, the parent of Dutch tour operator D-reizen, has been declared bankrupt, a court spokesman said on Tuesday, potentially affecting more than 1,000 employees. The Netherlands has largely avoided corporate bankruptcies during the…
DetailsA Gurugram-based creditor had initiated insolvency proceedings and The National Company Law Tribunal had admitted the petition against OYOs subsidiary Oyo Hotels and Homes Pvt Ltd on April 7. The National Company Law Appellate Tribunal (NCLAT) today stayed the proceedings against OYOs subsidiary. As initially it was misreported by a few media platforms as OYO…
DetailsDisgraced former Malaysian Prime Minister Najib Razak faces bankruptcy for allegedly failing to pay U.S. $421 million in taxes and penalties, which could end his political career. Najib said late Tuesday that the countrys tax board served him a bankruptcy notice allegedly for unpaid personal income taxes from 2011 to 2017, in retaliation for his…
DetailsThe new initiative would focus on systematically changing whole economies, a source tells Reuters. The World Bank and the International Monetary Fund (IMF) are planning to launch a platform to advise poor countries on funding climate and conservation activities, amid a broader push that could link such spending to debt relief, according to a draft…
DetailsOYO founder took to Twitter to clarify on rumours that the hotel aggregator chain had filed for bankruptcy TopicsOyo|Bankruptcy|startups in India Neha Alawadhi | New Delhi Last Updated at April 7, 2021 23:20 IST The National Company Law Tribunal (NCLT) has accepted a plea against a unit of Oyo Rooms. Oravel Stays Pvt Limited, the…
DetailsThe Insolvency Service has refused to reveal the full costs of legal proceedings and other additional fees associated with the Kids Company trial. The Official Receiver, acting on behalf of the Insolvency Service, announced at the end of last month that it would not appeal the High Courts decision to dismiss the disqualification proceedings it…
DetailsGlobeNewswire Plus Products Reports Audited 2020 4th Quarter and Year-End Financial Results SAN MATEO, Calif., April 07, 2021 (GLOBE NEWSWIRE) — Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) (the Company or PLUS), a cannabis branded products company in the U.S., today released its audited financial and operational results for the three and twelve months ended…
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