About 6000 Spotless staff, mostly casuals who worked for the group’s hospitality businesses which includes catering at the Melbourne Cricket Ground were stood down when the pandemic closed venues. Grant Fenn was paid $3 million in fiscal 2020, down from $4.7 million a year earlier. Louise Kennerley Downer will proceed to buying out the remainder…
DetailsI need some advice about my personal finance situation. I work for a company in Dubai, which has not paid my monthly salary of Dh14,000 since January. They put me on unpaid leave from April 2020 and there is no sign of going back to work in the near future. I have six credit cards…
DetailsUS bankruptcies are on track to hit a 10-year high as the coronavirus pandemic recession continues to slam businesses, according to a Monday report from S&P Global. This year, 424 companies have gone bankrupt through August 9, surpassing the number of filings during any period since 2010, according to the report. Consumer-focused companies such as…
DetailsAugust 11, 2020 20:39 ET | Source: Pharmagreen Biotech Inc. CARSON CITY, NV, Aug. 11, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Pharmagreen Biotech, Inc. (OTC: PHBI), a company specializing in the development of highest quality tissue cultured starter plantlets for the cannabis and hemp industry, announced today that the Company has voluntarily filed for…
DetailsQueensland’s rural debt has increased by 10.75 per cent in the past two years, which the opposition says is a stark reminder that the state’s producers are doing it tough and need more help. However, a mayor in one of the regions carrying a large percentage of the state’s debt said the QRIDA 2019 Rural…
DetailsTransport services were the biggest contributor to Downer’s earnings in fiscal 2021, down 2.8 per cent to $242.4 million, followed by utilities services, where earnings dropped 16 per cent to $136.1 million. Downer is restructuring its business operations to wind down risky engineering and construction contracts, including solar, coal and iron ore projects, and focus…
DetailsUS bankruptcies are on track to hit a 10-year high as the coronavirus pandemic recession continues to slam businesses, according to a Monday report from S&P Global. This year, 424 companies have gone bankrupt through August 9, surpassing the number of filings during any period since 2010, according to the report. Consumer-focused companies such as…
DetailsA Rockland restaurateur was arrested Aug. 6 and accused of bookmaking and extorting a client to collect gambling debts. Federal prosecutors accused John Ciofalo of transmission of wagering information and extortionate debt collection, in a criminal complaint unsealed last week in U.S. District Court in White Plains. Ciofalo entered a plea of not guilty on…
DetailsPublished 11 August 2020 Tim Cooper Corporate insolvencies may increase this winter, with new research from the insolvency and restructuring trade body R3indicating that a steep rise may start as early as this October. The R3 research based on a member survey of insolvency and restructuring professionals highlights that an overwhelming majority (93.7 per cent)…
Detailsnews, local-news, The landowner of a $21 million Wagga development has gone into voluntary administration, with the ramifications for the future 17-storey complex not yet known. CRK Holdings owns the land for the Riverside Apartments at 11 Sturt Street, set to house 67 residential units and three commercial spaces when built. In a statement, Chamberlains…
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