PERTH restaurateur Scott Taylors company owes at least $3.5 million to creditors. Mr Taylor and his sister Angie Lee Taylor are co-directors of Element WA, the company which ran The Trustee, Beaufort Local and Enriques School for Bullfighting. Element WA was placed in voluntary administration on October 30. Just weeks later, the brother and sister…
Detailsby Talk Business & Politics More layoffs{ }expected at Wal-Mart. (KATV photo) LITTLE ROCK, Ar. (Talk Business & Politics) Wal-Mart Stores is again scaling back its corporate workforce as the retailer reportedly will eliminate its jewelry business and decrease the number of co-managers per store, and reduce areas such as direct-store-delivery receiving, according to persons familiar…
DetailsToo many of us react to the prospect of financial meltdown by sticking our heads in the sand. Don’t be one of those people – here are some invaluable tips to help you regain control of your finances. A line of UK old pound coins on top of UK banknotes (Image: Studio EDJO) There are…
DetailsNCLT reserves order on SBIs insolvency proceedings against the infrastructure firm IVRCL Limited, once one of the fastest growing infrastructure companies, and which ruled the sector for nearly two decades, today faces an uphill task to get back its mojo, bogged down as it is by piles of debt. The latest move to bring the…
DetailsSaturday, 13 January 2018 10:55AM Email IconNick Taylor Pek Cowan (right) is expected to play for the new-look Western Force.Picture: Picture: Getty Images The new Western Force will recruit high-profile players for both their national rugby and Indo Pacific championship teams. A hit list of signings has been drawn up as mining billionaire Andrew Forrests…
DetailsState Bank of India (SBI) has initiated Corporate Insolvency Resolution Process against infrastructure developer IVRCL Ltd. The Bank has initiated the process under the Insolvency and Bankruptcy Code 2016 and filed an application under Regulation 7 of the Code with the National Company Law Tribunal (NCLT). The hearing on the application was held on January…
DetailsOUTDOOR adventure gear company Mountain Designs has made the difficult decision to close one in three stores in 2018. Shops at Joondalup, Wagga Wagga, Toowong and Dubbo closed on January 7 followed by branches at Cannington, Bendigo, Toowoomba and Wollongong on January 10, according to a statement from the company. Stores at Pacific Fair, Ashmore,…
DetailsA liquidation company will be auctioning off assets from the former Saskatchewan Transportation Company starting next month. Everything from power tools to file cabinets will be sold through an online auction run by Hilco Industrial out of Ontario. The province sold the assets to the international liquidation company in December, saying it was the most-affordable…
DetailsWalmart is reportedly cutting 3,500 co-manager positions and adding 1,700 lower-paid assistant store managers. The restructuring comes the day after Walmart announced it will raise its starting hourly wages to $US11. Walmart also announced Thursday that it would close 63 Sams Club stores in a move that would impact roughly 9,400 employees. Walmart is reportedly…
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…
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