LONDON, United Kingdom Its been a tough time for Paul Smith, the namesake fashion label of the 71-year-old godfather of British style, known for its sharp suits and eccentric English touch. Operating profit at the company has declined for five consecutive years. Smith has been in business since 1970, when he started a store in…
DetailsTOKYO — By publicly listing wireless subsidiary SoftBank, SoftBank Group would likely be able to rein in its rising debt and diversify its funding channels, in addition to streamlining its operational structure made more complicated by a string of big investments. The Japanese technology giant has burned through cash in recent years with such deals as the…
DetailsTHE Turpins of Perris, California were on the surface a large and devoutly Christian family who may have looked eerily similar, but seemed otherwise normal. Their resemblance to one another might have appeared creepy, but their lives in a nondescript Californian suburb south of San Bernardino did not attract much attention. That is, until they…
DetailsDALLAS–(BUSINESS WIRE)–EXCO Resources, Inc. (NYSE: XCO.BC) (OTC Pink: XCOO) (“EXCO” or the “Company”) today announced that in order to facilitate a restructuring of its balance sheet, the Company and certain of its subsidiaries have filed voluntary petitions for a court-supervised reorganization under Chapter 11 of the United States Bankruptcy Code in the U.S. Bankruptcy Court…
DetailsMUMBAI: Essar Steel promoters Shashi and Ravi Ruia are working toward setting up a consortium to bid for the company that’s in the midst of bankruptcy proceedings at the National Company Law Tribunal (NCLT), said several people aware of the matter. However, the move is expected to come under scrutiny as a recent amendment to…
DetailsA British company that is part of a P3 agreement with the Saskatchewan government to build and maintain a new hospital in North Battleford has gone into liquidation. In a statement released Monday, Carillion PLC, which employs more than 6,000 people in Canada, said it had no choice but to liquidate. It has been struggling…
DetailsCarillion Collapse: What To Know About Its Liquidation | Fortune What You Need To Know About the Collapse of Carillion, a U.K. Construction Giant Search Read the full article at: http://fortune.com/2018/01/15/what-you-need-to-know-about-the-collapse-of-carillion-a-u-k-construction-giant/
DetailsIts no real secret that, between costly Christmas gifts and pricey New Years plans, Aussie credit cards work up quite the sweat over the holiday season. In fact, late last year Mozo predicted that, once the smoke cleared in the new year, the average credit cardholder would end the festive period with a $3,700 credit…
DetailsTOKYO — By publicly listing wireless subsidiary SoftBank, SoftBank Group would likely be able to rein in its rising debt and diversify its funding channels, in addition to streamlining its operational structure made more complicated by a string of big investments. The Japanese technology giant has burned through cash in recent years with such deals as the…
DetailsThe third Monday in January is better known as Blue Monday and is considered by many to be the most depressing day of the year. READ MORE: Tips to combat Blue Monday But for some, its just another Monday. I didnt want to get up, I think every student does that on Mondays, one University…
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