PR dla Zagranicy Grzegorz Siwicki 20.03.2018 15:00 Company bankruptcies rose 8 percent in Poland in the first two months of this year compared with the same period last year, according to a report. Photo: Pixabay.com/Arcaion/CC0 Creative Commons … Read the full article at: http://www.thenews.pl/1/12/Artykul/354846,More-firms-folding-in-Poland-report
DetailsBy Tracy Rucinski Dozens of toy suppliers object to Toys ‘R’ Us liquidation plan (Reuters) – Toys ‘R’ Us heads to U.S. Bankruptcy Court on Tuesday to defend its liquidation plan against an onslaught of objections from creditors, particularly suppliers demanding payment for thousands of toys ranging from Poopeez to Bratz. More than 50 suppliers,…
DetailsBy Emmanuel Ntirenganya Cassava farmers who received loans from the Development Bank of Rwanda (BRD) are appealing for relief of Rwf953 million debt after their crops were ravaged by a viral disease. The loan was given to 29 farmers, 24 of them from Ruhango and the rest from Kamonyi, Nyanza and Gisagara districts. They got…
DetailsTuesday 20 March 2018 UAE Vice President and Prime Minister and Dubai Ruler Sheikh Mohammed bin Rashid Al Maktoum has ordered the formation of a committee to oversee the financial restructuring of companies in the country. The resolution follows the introduction of a bankruptcy law at the beginning of last year designed to help businessmen…
DetailsGambling is more than a popular pastime in Ireland. It is a multi-billion dollar industry employing more than 6,000 people across thousands of bookmakers, casinos, and gaming arcades. In fact, the gambling industry is one of the largest in the country, with punters betting more than 5 billion a year. The surging popularity of gambling…
DetailsFormer Auburn deputy mayor Salim Mehajer has been declared bankrupt by the Federal Circuit Court. The liquidator of his failed company SM Project Developments launched legal action against him in November over a $200,000 debt. The bankruptcy application was supported by a range of creditors, including the Australian Tax Office and Prime Marble & Granite…
DetailsTue, Mar 20, 2018 – 11:37 AM SPH Magazines, the magazine arm of Singapore Press Holdings, will lay off 13 staff members this month as part of a major restructuring exercise. This comes amid efforts to prepare its suite of magazines for a digitally-driven future, the company said in a statement on Tuesday. SPH Magazines…
DetailsFormer Auburn deputy mayor Salim Mehajer has been declared bankrupt by the Federal Circuit Court. The liquidator of his failed company SM Project Developments launched legal action against him in November over a $200,000 debt. The bankruptcy application was supported by a range of creditors, including the Australian Tax Office and Prime Marble…
DetailsSPH Magazines has reported that it will launch a major restructuring exercise to prepare its suite of magazines for a digitally-driven future. With the restructuring, the groups staffing will be right-sized from 379 (as at Aug 2017) to about 300. This reduction has largely already been achieved through ongoing staff attrition and redeployment. However, 13…
DetailsHigh household debt and the lack of a “definitive pick-up” in wages growth were key reasons the Reserve Bank of Australia left the official cash rate steady this month, putting it on a “different” trajectory to the US Federal Reserve, according to Treasurer Scott Morrison. In another sign monetary policy is to remain stalled in…
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