Written by Kate McDonald on 24 January 2018. Dose Innovations, which distributes the Rowa automated dispensary and inventory management system from Becton Dickinson (BD) to Australian pharmacies, has called in the administrators. The Brisbane firm, which set up by pharmacist Robert Allen in 2012 and has installed over 100 robotic systems in community pharmacies around…
DetailsIllustation: Sameer Pawar In early January, news of Anil Agarwal-backed Vedanta Resources emerging as a bidder for debt-laden Electrosteel Steels sent the latters stock soaring. While Vedanta wasnt the only bidderEdelweiss Asset Reconstruction Company, Tata Steel and Abhishek Dalmia-promoted Renaissance Steel were also in the fraythe process marked the beginning of proceedings under the Insolvency…
DetailsCHARGED: Former billionaire Nathan Tinkler has been charged by police for allegedly destroying property. BANKRUPT former billionaire Nathan Tinkler is embroiled in a family feud that has seen him charged with allegedly smashing a stained glass window at his sisters house. The case was briefly mentioned in Port Macquarie Local Court on Wednesday, but Mr Tinkler did not appear. Police allege…
DetailsImage copyright Getty Images Kleenex-maker Kimberly-Clark has said it will close or sell 10 manufacturing plants and cut at least 5,000 jobs – about 12% of its workforce. The move comes as the Texas company struggles to lift sales. In the fourth quarter of 2017, sales rose by just 1%. Kimberly-Clark said the restructuring would…
DetailsGambling has forever been linked to culture and is intrinsically connected to the history of the U.K. Though its form may have changed throughout the centuries, gambling has been a part of and has helped to shape society since prehistory, the Middle Ages and well into the modern day. Lets take a walk back in…
DetailsBy Frederic Tomesco January 23, 2018, 10:08 AM EST Bombardier Inc. expects to see another year of 10 percent sales growth from its train segment as the Canadian manufacturer holds the line against bigger rivals from China and Europe. Rail-equipment orders outpaced deliveries last year, and the trend is likely to continue in 2018 with…
Details(Reuters) – Kleenex and Huggies maker Kimberly-Clark Corp said on Tuesday it expects to eliminate 5,000-5,500 jobs, or 12-13 percent of its workforce, as part of its global restructuring program. The company said it expects to close or sell about ten manufacturing facilities and would exit or divest some lower-margin businesses. The restructuring is expected…
Details(RTTNews) – While reporting its fourth-quarter financial results today, Kimberly-Clark Corp. (KMB) announced a new global restructuring initiative, which includes job cuts in a range of 5,000 to 5,500, or 12 percent to 13 percent of current headcount, as well as the closure or sale of about 10 manufacturing facilities. In addition, the company set…
DetailsThere is insufficient research on what can tip a gambler towards destructive addiction.Credit: Simon Dawson/Bloomberg/Getty Pathological gambling is thought to affect as many people as autism and schizophrenia. It disrupts employment, relationships and health, and places an enormous burden on the state. It is the only behavioural addiction formally recognized by the American Psychiatric Association,…
DetailsCommissioner Margrethe Vestager, in charge of competition policy, said: “Polish Regional Railways has already benefitted from state support in the past. We need to assess whether the aid received is compatible with EU State aid rules and make sure that public support does not lead to distortions of competition in this market”. In September 2015,…
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