Image copyright Google Image caption Carillion has a base in Belfast’s Titanic Quarter Northern Ireland staff working for the construction firm, Carillion, are meeting union representatives after it was announced it is to be liquidated. Carillion is the second biggest construction company in the UK and its liquidation is threatening thousands of jobs. It is…
DetailsJames Packer’s decision to end his alliance with fellow billionaire Lawrence Ho and retreat to Australia has already cost him and his fellow investors $2.5 billion and a big stake in one of the world’s most-ambitious casino operators. Melco Resorts & Entertainment, the Ho family’s casino business, has surged since Mr Packer started to sell…
DetailsOn Jan 15, we updated the research report on diversified industrial goods manufacturer 3M CompanyMMM . The company’s brands like Nexcare, Post-it, Scotch, Scotch-Brite, ScotchBlue and Filtrete are well recognized names in each household while being market leaders in their respective product categories. With continuous product innovations and investments in R&D, 3M aims to maintain…
DetailsHospitals in eastern Colombia are facing increasing financial woes due to the thousands of Venezuelans that have sought emergency medical help abroad, local media reported Sunday. According to Radio RCN, hospitals in the border provinces have attended more than 25,000 Venezuelan citizens who have been unable to receive medical attention at home. The regional governments…
DetailsMatthew Vincent January 15, 2018 Contrary to popular and populist opinion, outsourcing is a messy business with little margin for profit. Or for error. Serco boss Rupert Soames has a lavatory brush on his desk to remind himself not to bid for work below the average cleaners 5-6 per cent margin. He calls it his…
DetailsOne case that Agrokor could be compared to would be the infamous Parmalat case that shook Italy – and the similarities are uncanny. As Poslovni Dnevnik writes on the 15th of January, 2018, unlike what took place in the handling of the infamous Parmalat case, there are no individual restructuring plans for particular companies in…
DetailsBankrupt business tycoon Scot Young, 52, made a phone call to his ex-wife In the call revealed in a BBC Two documentary he offered Michelle Young £30m The couple had been involved in one of the most costly divorces in Britain Mr Young pleaded with her to drop her investigation into his finances – five…
DetailsTortured. Anguished. Frustrated. This describes the dark, twisted title character at the heart of Phantom of the Opera, the longest-running musical in Broadway history and a production seen by over 130 million people worldwide. But it also describes playwright/composer Andrew Lloyd Webber during the turbulent process of revising and remounting that shows sequel Love Never…
Details* To meet GKN shareholders, posts presentation for investors * Melrose offer undervalues our company- GKN spokesman * GKN shares jump (Adds GKN statement, analyst comments, details, share movement) By Noor Zainab Hussain Jan 15 (Reuters) – Turnaround specialist Melrose appealed directly to GKNs investors to back its 7 billion pound ($9.6 billion) takeover offer…
DetailsAILING construction firm Carillion said it had “no choice” but to enter into liquidation this morning, putting thousands of jobs at risk. The building and maintenance giant is Britain’s second largest and employs 20,000 in the UK alone – many at its Wolverhampton HQ. Reuters Carillion this morning entered into liquidation, its chairman confirmed. The…
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