Rob Sussman, Integr8’s joint-CEO. BCX-owned ICT management and managed services company Integr8 is restructuring its operating model. In a short statement to ITWeb this morning, Telkom subsidiary BCX said: “To increase sustainability and profitability, the current Integr8 operating model is being restructured to align with the current BCX operating model.” According to BCX, the purpose…
DetailsGeneral Electric warned on Wednesday that 2018 will be another challenging period for GE Power and could shape up to be an even worse year than expected for the embattled business unit. GE’s power unit, which focuses on selling and servicing equipment to power plants, is one of three units the conglomerate is focusing on…
DetailsNatural Light is making a new appeal to cheap beer fans by offering some student debt relief. The Anheuser-Busch InBev economy brand will run a Super Bowl spot in 10 local markets to plug a new program in which it’s giving away $1 million to help people pay off student loans. Because this is marketing,…
DetailsImage copyright Getty Images The number of personal insolvencies rose in Scotland in the last quarter of 2017, according to official figures. Accountant in Bankruptcy (AiB) reported 2,691 bankruptcies and protected trust deeds (PTDs) between October and December – a year-on-year rise of 2.1%. The number of bankruptcies fell by 4.2% to 1,089, while PTDs…
DetailsPatrick Jenkins, Financial Editor January 24, 2018 Senior City of London figures have issued an impassioned plea that the collapse of Carillion and the crisis of confidence in public-sector outsourcing it has caused should not spell the end of collaboration between government and business through the private finance initiative. Carillion was put into liquidation last…
DetailsThe cash-splashing director of a nuisance call biz has been struck off for 12 years after breaking telemarketing rules and trading while insolvent. Tony Abbott was the sole director of Reactiv Media, which used its large database of UK customers to make unsolicited direct marketing calls for a range of businesses. However, the biz went…
DetailsBoris Becker was declared bankrupt in June last year over a £3.3million debt The tennis star is said to have earned about £100million throughout his career Mr Becker and bankruptcy trustees are appealing for help finding his trophies The former Wimbledon great says he cannot remember where the items are By Julian Robinson for MailOnline…
DetailsBaxters Food Group has booked a £675,000 loss for the 2017 year to April after booking £9.5 million in exceptional items and £12 million in finance costs. The group said one-off costs were racked up launching a new customer own brand business in the US, restructuring its operations in Canada and Australia and cutting headcount…
DetailsThe former sole director of a New South Wales-based motorhome converter business has been sentenced to 15 months home detention after a court found he took more than $165,000 in payments to build motorhomes that were never delivered. In a case brought by the NSW Office of Fair Trading, the former director admitted in Parramatta Local…
DetailsBankrupt former billionaire Nathan Tinkler is embroiled in a family feud and has been charged with allegedly smashing a stained glass window at his sister’s house. The case was briefly mentioned in Port Macquarie Local Court on Wednesday, but Mr Tinkler did not appear. Former mining magnate Nathan Tinkler outside court on January 27. Photo: Daniel Munoz Police allege that…
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