Leclanché ‘requires restructuring to overcome balance sheet situation’ and pivots business models – Energy Storage News

Published: 2 Jun 2020, 15:28 Leclanch is undergoing a strategic reorganisation of the company and said it has secured funding for its manufacturing and R&D activities while also announcing a pivot towards becoming a green tech software and systems integration company. After first revealing that the reorganisation would be forthcoming in September of last year,…

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Matt Callaghan Joins FTI Consulting’s Corporate Finance & Restructuring Segment as Senior Managing Director – GlobeNewswire

June 02, 2020 04:00 ET | Source: FTI Consulting, Inc. LONDON, June 02, 2020 (GLOBE NEWSWIRE) — FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of Matt Callaghan as a Senior Managing Director in the firms Corporate Finance & Restructuring segment in London, where he will lead the UK mid-market and insolvency offering. Mr…

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Eni ‘studying business restructuring’ — report – Upstream Online

Italian giant Eni is reportedly considering a major reorganisation of its business in response to the current market that would see it breaking off into two separate units. According to a report by Italian media outlet IlSole24, Enis restructuring plans could see one segment of the business dedicated to oil-related midstream and upstream activities, with…

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After recovering from COVID-19, African cardinal calls for debt relief for continent – Crux: Covering all things Catholic

In a file photo, Cardinal Philippe Nakellentuba Oudraogo of Ouagadougou, Burkina Faso waves as he leaves St. Peter’s Basilica after a consistory at which he was made a cardinal by Pope Francis at the Vatican Feb. 22, 2014. (Credit: Paul Haring/CNS.) ROME Cardinal Philippe Oudraogo, who is now recovered after contracting the coronavirus, has issued…

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‘Most expensive pizza’: Super windfalls spent on takeaways and gambling – The New Daily

Emergency access to superannuation during the COVID-19 shock has triggered a spending spree for some Australians, who are splashing cash on gambling, alcohol and takeaway food rather than essential household items. Real-time bank transaction data crunched by the advisory firms Alpha Beta and Illion shows that many people dipping into their retirement nest eggs have…

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Saudi sheikh ‘sent 17 cheques that bounced’ as casino pursued him for £2million gambling debt – Daily Mail

Saudi sheikh who owns 45m London mansion ‘sent 17 bouncing cheques ‘ as casino that appeared in James Bond’s Dr No pursued him for 2m gambling debt Sheikh Salah Hamdan Albluewi accused of failing to settle the gambling debts Ran up the debt last September according to Les Ambassadeurs Club in Mayfair The casino went…

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Infosys to cut multiple senior roles, ensure faster decision-making – Business Today

Infosys is planning to reduce senior roles in the workforce in a staggered manner. Delivery managers, AVPs, VPs and SVPs would be some of the roles that would be impacted BusinessToday.InNew Delhi Last Updated:June 1, 2020 |13:48 IST Infosys is restructuring the company’s higher rungs in order to ensure faster decision making and flatten the…

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