‘Corporate Structure Innovation Fund’ Worth 1 Trillion Won to be Launched Next Year – BusinessKorea

The master-feeder business structure innovation fund will be launched in the first half of next year to change the corporate restructuring frame from the government-centered to market-centered. Based on this, more than 1 trillion won (US$918.7 million) of venture capital will be injected into the restructuring market to encourage companies to show an innovative growth.…

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Borsalino, Italy’s hatmaker to the stars, declared bankrupt – CTV News

Famed Italian hatmaker Borsalino, the company behind Humphrey Bogart’s fedora in “Casablanca” and Harrison Ford’s lucky headgear in the “Indiana Jones” movies, was declared bankrupt on Monday, a trade union said. A court in Alessandria in northern Italy threw out a rescue plan for the legendary company and put it into administration, Elio Bricola from…

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