Desperate Queenslanders are reaching out for help after struggling to pay mounting phone and internet bills. More than 137 lawyers, social workers, financial counsellors, NGO workers and professionals were surveyed as part of a report to be released by the Telecommunications Industry Ombudsman and Community Legal Centres Queensland on Friday. Almost half of Queensland’s community…
DetailsOut in the cold unit owners count the cost of building defects Concerns: Landmark penthouse owner Aidan Ellis (right) and unit owner Richard Devon in Mr Ellis’s unit at Charlestown. Severe water issues and other defects have meant years of troubles for the Landmark’s owners, Mr Ellis and Mr Devon said. Winner: The Landmark building in…
DetailsGill Plimmer March 8, 2018 The future of 2,500 staff from failed construction contractor Carillion was again thrown into doubt on Thursday after a Canadian company pulled out of a deal to take over a portfolio of contracts in hospitals, education, transport, emergency services and justice in the UK. Brookfield Global Integrated Solutions, a real…
DetailsCorporate restructuring at Dunnes Stores now complete BelfastTelegraph.co.uk Dunnes Stores has finished a major corporate restructuring process by assimilating 40 individual companies into a principal entity within the group. https://www.belfasttelegraph.co.uk/business/uk-world/corporate-restructuring-at-dunnes-stores-now-complete-36680874.html https://www.belfasttelegraph.co.uk/business/news/article36681820.ece/1d5eb/AUTOCROP/h342/DunnesStores.jpg Email Dunnes Stores has finished a major corporate restructuring process by assimilating 40 individual companies into a principal entity within the group. The move…
DetailsOne of the country’s biggest bankruptcies to go under the hammer is finally moving towards closure. Yesterday, Tata Steel said that “it has received a formal communication from the resolution professional [RP] of Bhushan Steel Ltd that it has been identified as the highest evaluated compliant resolution applicant to acquire controlling stake” of the beleaguered…
Details(Adds details on restructuring, dividend, job cuts) By Radhika Rukmangadhan March 8 (Reuters) – Countrywide Plc, Britains largest estate agency, posted a 22.5 percent drop in full-year core earnings on Thursday and said it cut about a third of jobs at its head office in London as part of an ongoing restructuring of its main…
DetailsSEOUL (Reuters) – South Korea announced on Thursday that it would offer about 240 billion won ($224.72 million) in loan guarantees and low-interest loans to regions hit by corporate restructuring, including the area of the local unit of General Motors (GM.N) soon-to-be-shut factory. FILE PHOTO: The main gate to GM Korea’s Gunsan factory is seen…
DetailsSEOUL (Reuters) – South Korea announced on Thursday that it would offer about 240 billion won ($224.72 million) in loan guarantees and low-interest loans to regions hit by corporate restructuring, including the area of the local unit of General Motors’ <GM.N> soon-to-be-shut factory. A total of 395 subcontractors, small business owners and workers of Gunsan…
DetailsMUMBAI The fierce competition in India’s telecommunications sector has claimed another victim: Aircel, the Indian unit of Malaysia-based Maxis Communications. Aircel said on Feb. 28 that it had filed for bankruptcy in the local courts. The move by the last surviving small telecom operator signals that the end may be near for industry consolidation. Aircel’s…
DetailsTHE mining arm of entrepreneur Beny Steinmetzs business interests, BSG Resources (BSGR), has been put into voluntary administration in order to protect its assets ahead of potential legal action it faces, said Reuters citing Dag Cramer, a director of BSGR. BSGR is caught up in legal disputes in relation to the vast Simandou iron ore…
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