The immovable and movable property and the trade mark of the insolvent Latvian ice cream maker Druva Food has been purchased by Tervete Food company for nearly EUR 1 million, said the company’s insolvency administrator, Daina Zake, reports LETA. She said that Tervete Food had bought Druva Food‘s assets at the auction for EUR 998,203.…
DetailsBRUSSELS (Reuters) – Euro zone creditors are expected to disburse new loans to Greece this month and are working on debt relief measures, the head of the blocs finance ministers said on Monday, steps that should help underpin its economic recovery. A European Union flag flatters next to a Greek flag atop the Greek Ministry…
DetailsUnbeknownst to the world at large, Donald T and Kim J-un have already met privately. Security was extreme, but IA was there to document it as it happened. TRUMP: Kim. I was having a lend of you when I called you “Rocket Man”. JONG-UN: No worries, Donald. Actually, its my favourite song. I love Elton John…
DetailsFILE PHOTO – GM’s Amman speaks at press conference at the North American International Auto Show in Detroit Thomson Reuters By Joseph White DETROIT (Reuters) – General Motors Co President Dan Ammann said on Monday the automaker’s troubled South Korean operations can be a “sustainable, profitable business,” if unions and the South Korean government agree…
DetailsDETROIT (Reuters) – General Motors Co (GM.N) President Dan Ammann said on Monday the automakers troubled South Korean operations can be asustainable, profitable business, if unions and the South Korean government agree quickly on a restructuring. FILE PHOTO – General Motors President Dan Ammann speaks during GM’s press conference at the North American International Auto…
DetailsBRUSSELS (Reuters) – Euro zone creditors are expected to disburse new loans to Greece this month and are working on debt relief measures, the head of the blocs finance ministers said on Monday, steps that should help underpin its economic recovery. A Greek national flag flutters on the roof of a building in Athens, Greece…
DetailsSven Lindell, Temple & Webster To amalgamate three brands into one, while simultaneously streamlining costs and improving profitability and customer satisfaction and brand recognition, is no mean feat. However, this is exactly what Temple & Webster has achieved in two short years. 2017 half-yearly results show the recently floated retail brand improved its net loss…
DetailsBRUSSELS (Reuters) Euro zone creditors will disburse new loans to Greece this month and are working on debt relief measures, the head of the Eurogroup of euro zone finance ministers said on Monday, moves that should help strengthen the Greek recovery. Greeces 86-billion-euro bailout programme, the third since 2010, is approaching its end in August…
DetailsResolution plans under the Insolvency and Bankruptcy Code (IBC) are likely to get easier approvals from creditors committees, with a government panel agreeing to recommend only 60 per cent of their members needed to pass these. At present, the requirement is 75 per cent votes. In a meeting on Monday, the panel,…
DetailsCait Flanders bought nothing but basic necessities like food and toothpaste for two years now she’s written a book to help others break their spending habits and overcome debt. “I was so programmed, many of us are, that we do things habitually and we don’t really question it,” Flanders told CBC Radio’s Ottawa Morning Monday. “My hope with other…
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