Date: 04.02.2018 Sydney bus manufacturer Custom Bus has laid off more than 100 staff after going into voluntary administration on January 18. Custom Bus went into voluntary administration on January 18 The Australian Manufacturing Workers Union (AMWU) says 109…
DetailsIt is in the process of executing a completely different business model for the brand in India. Confirming its restructuring plans for India, Chinese smartphone maker Gionee on Saturday said the company is not scaling down its operations in the country. Reacting to an IANS report that financial woes in China may hit Gionee’s India…
DetailsChina is drafting a proposal to allow gambling on Hainan Island, people familiar with the talks said, in what would be an unprecedented move that could reshape gaming in China’s territories and transform the economy of a strategic southern province. Government agencies under a party reform group headed by President Xi Jinping are considering allowing…
DetailsIn another relief for debt-laden Reliance Communications, Mumbai-based Smartphone has withdrawn a petition seeking insolvency of the company filed before the National Company Law Tribunal (NCLT). The petition, filed under Insolvency and Bankruptcy Code (IBC), was withdrawn on Friday. Smartphone is a wholesale dealer of batteries and had supplied to telcos, including RCom. The Mumbai…
DetailsHAIKOU China is drafting a proposal to allow gambling on Hainan Island, people familiar with the talks said, in what would be an unprecedented move that could reshape gaming in China’s territories and transform the economy of a strategic southern province. Government agencies under a party reform group headed by President Xi Jinping are considering…
DetailsReuters/Dubai Etihad Airways is urgently examining ways to avert a technical default of some $1.2bn in bonds indirectly linked to the Gulf airline, sources close to the situation told Reuters.An Amsterdam-based special purpose vehicle called SPV Equity Alliance Partners (EAP) was set up in 2015 and issued two bonds for Etihad and other airlines it…
DetailsCrack open a cold one, student debt holders. Natural Light, better known as “Natty Light,” the cheap beer of choice for college students across the country, wants to help grads pay off their student loans. The beer brand will be giving away $1,000,000 to help 25 lucky drinkers pay off their student debt. In order…
DetailsRungroj Boonprakob, 48, a municipal health official, is taken for a re-enactment of the robbery of a Krungthai Bank branch in Bang Pakong district on Saturday following his arrest on Friday. (Photo by Sonthanaporn Inchan) CHACHOENGSAO: Police say the director of a municipal health office in Bang Pakong district has admitted robbing a Krungthai Bank…
DetailsHAIKOU (WASHINGTON POST) – China is drafting a proposal to allow gambling on Hainan Island, people familiar with the talks said, in what would be an unprecedented move that could reshape gaming in China’s territories and transform the economy of a strategic southern province. Government agencies under a party reform group headed by President Xi…
DetailsThere are now over 700 operational PFI/PPP projects in England and Wales across all sectors, with a capital value of over £60 billion. More interestingly, over £200bn remains outstanding to be paid to the private sector for the provision of services over the remainder of the contract term, making the potential scale of the issue…
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