ZAGREB, March 29, 2018 – The government on Thursday gave the go-ahead to Croatian road companies to borrow 1.8 billion euros from banks with state guarantees, announcing the further restructuring of the road sector. Addressing a cabinet meeting, Prime Minister Andrej Plenkovi said that the sector’s debt in the amount of 1.275 billion euros had…
DetailsPensioner Wilfred Anderson might start believing in the Easter bunny after he had two big wishes granted. Nearly 90, Mr Anderson still lives in his own home and looks after his daughter Pamela, who has Down syndrome. He relies on the NDIS to help him look after his daughter, but said it was a struggle.…
DetailsNEW DELHI: A former Air India pilot has dragged the national carrier to the National Complany Law Tribunal (NCLT) seeking initiation of insolvency proceedings against it, saying the airline has been unable to clear his dues. Captain Subodh Kumar, who served Air India (AI) for 28 years, has sought the settlement of his claims of…
DetailsControversial property developer Salim Mehajer has been granted bail despite a Sydney court hearing he could try to flee the country – and a suggestion that there was a plane waiting for him in Queensland. The 31-year-old was successful on his fourth attempt on Thursday in the NSW Supreme Court, on condition of a $200,000…
DetailsGambling company The Star Entertainment Group will raise $490 million from its Hong Kong-based partners as part of a tie-up that will reduce its exposure to the cost of new casinos and hotels and allow a dividend boost to investors. The company said on Thursday that leisure conglomerate Chow Tai Fook and developers Far East…
DetailsWhen you see your outstanding debts swallow your business gradually, you can feel anxious and distraught. You may even feel that your business is suffering days on end without lifeblood. Just a little cash adjustment might be all you desire to free up your investment avenues. This can be possible through credit counseling for some…
DetailsAnalysts at NAB remained concerned about the buildup of excessive leverage in Chinas opaque financial system. In particular, they said a troubling debt buildup at the local government level leaves China particularly exposed to any property downturn. NAB said the issue has been lingering since 2013, after local governments used debt to carry out an…
DetailsBrowne Craine & Co – Craig Mitchell Whenever a business, whether it be here on the Isle of Man or on the adjacent island, hits the headlines for going into liquidation, directors and officers of all types of companies would be well advised to take note. Whatever the size of your company, its liquidation is…
DetailsComponenta Corporation Stock Exchange Release on 29 March 2018 at 8.00 The information presented in this financial statement release relates to the continued operations of Componenta Group in the January December period in 2017 and in the corresponding period in 2016, unless otherwise stated. Continued operations in the review period were the foundry operations in Pori and Karkkila,…
DetailsBrowne Craine & Co – Craig Mitchell Whenever a business, whether it be here on the Isle of Man or on the adjacent island, hits the headlines for going into liquidation, directors and officers of all types of companies would be well advised to take note. Whatever the size of your company, its liquidation is…
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