Douglas Fraser Business/economy editor, Scotland 4 January 2019 Health Environmental Services has stopped trading, unable to access its remaining funds, with workers fired. Scots law on company insolvency has led to an impasse, where it may prove impossible for creditors to place the firm in administration. The company boss battles on, trying to find a…
DetailsMUMBAI: Bharti Airtel has accused bankrupt Aircel, which is trying to recover its dues from Indias No. 2 telco, of working towards benefitting its financial lenders at the cost of operational creditors. Aircel entities or their resolution professional are seeking to enlarge the scope of their legal appeal, possibly with a view to take illegal…
DetailsFor the first time since 1997, the coming of a new year has introduced an entire library of culture into the public domain in the U.S. Public Domain Days used to be an annual event until 1998, when a new law named after Sonny Bono suddenly extended copyright protections by 20 years. Now, under U.S.…
DetailsYou cant miss your flight if it never shows up something Primera Air flyers experienced when the airline announced bankruptcy on October 1, leaving ticket holders stranded at the airport, many of which were awaiting trans-Atlantic flights. One woman at the Washington Dulles International Airport told the New York Times that she was awaiting a…
DetailsMinisters are considering backing a ban on using credit cards to gamble. Jeremy Wright, the Culture Secretary, is demanding social responsibility from all businesses connected to the gambling industry – including banks. He is due to meet with retail banking giants and bookmakers to discuss the problem of gamblers getting into debt by betting money…
DetailsEfficient restructuring of the agricultural sector has brought good results in production and business in the last few months, so the sector expects to gain stronger growth in production and business this year and beyond, said experts. Photo bizlive.vn H NI Efficient restructuring of the agricultural sector has brought good…
DetailsTHE Culture Secretary today warns bookies and banks to crack down on credit card gambling or face seeing it banned. Jeremy Wright will call in industry leaders for a dressing down next week. PA:Press Association Jeremy Wright will meet with bookies and banks to ask them to crack down on credit card gambling It comes…
DetailsA new debt advice service helping families in Levin is at capacity already just months after opening its doors. The books at the local branch of Christians Against Poverty (CAP), a national debt counselling charity, were full since it opened its first debt centre in Queen St late last year. The CAP centre in Levin…
DetailsSTOCKHOLM — Ericssons (NASDAQ: ERIC) focus on simplifying and stabilizing the business has during the three first quarters of 2018 resulted in stronger gross margins and a stabilizing topline. Focus has been on addressing underperforming areas while creating a strong platform for future growth. There has been solid progress in most portfolio areas. In…
DetailsTULSA, Okla.–(BUSINESS WIRE)–CAVU Resources, Inc. (OTC Markets: CAVR)announced today it has completed the restructuring of the company as a holding company, witha goal of becoming a recognized proprietary, global player in the cannabis technology sector. Along with itstargetedinitial acquisition, CAVU will bring in awell-respected, deep and experienced new management team. The founders of CAVU believe…
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