The court ordered parliament sitting this morning was chaotic with insults, threats and words exploded out from both sides of the house. The shouting and heated exchanges resulted from when Speaker Job Pomat sought parliament leave to have the sitting adjourned while he sought clarification from the Supreme Court if Kerowagi MP Bari Palme is…
DetailsPrime Minister Suga Yoshihide has stated that there are too many regional banks, which has sparked discussion of their restructuring. Restructuring, however, is a means to an end, not an objective in itself. The prime minister has yet to explain what the objective should be. Regional Companies Face a Mountain of Issues Prime Minister Suga…
DetailsBusier times. File photo of Stockmann department store in downtown Helsinki February 1, 2017. Image: Yle News / Mark B. Odom Struggling retailer Stockmann Group is to sell off its flagship department store in Helsinki as well as other properties, the firm announced on Monday as it revealed its restructuring strategy. The firm said it…
DetailsA little less than a month after Pfizer’s Upjohn unit and Mylan successfully merged to create generics business Viatris, the company is already looking at ways to slash costs. Newly mintedViatris Friday laid out detailed plans for a global manufacturinginitiative that could put thousands of jobs on the line. By 2024 at the latest, the…
DetailsMr Pitt said the final cost of decommissioning the vessel permanently moored in Commonwealth waters in the Timor Sea – between the Laminaria and Corallina oil fields – was still to be determined. But he insisted the government was pushing ahead with the process “to remove potential risks to the environment” and announced a new…
Details“As long as interest rates are lower than trend growth, the cost of servicing the debt will fall as a proportion of GDP, and the debt burden will fall as growth picks up.” Bendigo and Adelaide Bank CEO Marnie Baker said the federal budget deficit and sharp rise in government debt were “both affordable and…
DetailsMany investors fret that a corporate zombiepocalypse may be one of the thorniest problems the global economy faces in the coming years. But a bombshell paper by the New York Federal Reserve argues that this fear may be overdone. Even before the eruption of coronavirus, concerns that a growing horde of walking-dead companies usually defined…
DetailsI AM 32 and my life is in a mess. For four years I lived with my girlfriend and we had a daughter together who is the best thing that’s ever happened to me. However, the relationship with my girlfriend has fallen apart because we argued all the time. She also saw her ex-husband behind…
DetailsiSTOCK Turkish couple Gler and Ibrahim Kocatrk who were found by the ERA to be owed more than $80,000 by their former employers have been granted leave to continue court proceedings, despite the business being in liquidation. (File photo) A couple owed more than $80,000 by their former employers have succeeded in a bid to…
DetailsA training company whose state funding was cut after a Sunday Mail investigation into job agencies luring the unemployed into subsidised courses has collapsed into liquidation. It comes as nine companies remain under investigation by the State Government, which will consider hiking penalties for companies caught breaching contract rules under the training scheme. A special…
Details