TK | 3 October 2017 Prague, Oct 2 (CTK) – The number of Czechs addicted to gambling machines, online gambling and betting has been rising, reaching up to 120,000 in 2016 when people lost a total of 39.3 billion crowns in gambling, according to a report released by the National Centre…
Details, ET Bureau| Oct 01, 2017, 11.40 PM IST The banks can force a debt recast on December 31 and may even exercise their right to convert debt into equity. MUMBAI: Banks will meet this week to explore the possibility of convincing other dominant industry players to step in to bail out RCom after its…
DetailsLenders to Anil Dhirubhai Ambani Groups (ADAG) flagship company Reliance Communications Ltd. will treat insolvency as a last option, three people close to the development have confirmed. Instead, lenders in the RCom case would prefer that the company complete the sale of a majority stake in its tower business to Canadian investor Brookfield Asset Management…
DetailsThe saying goes: Theres no point crying over spilt milk. But what about when your company is facing a restructure? In our experience, a restructure is a breeding ground for chaos if you dont take charge. Here we examine some of the challenges you might face. Expect the unexpected Weve seen first-hand the challenges that seem…
DetailsTEL AVIV, Oct 3 (Reuters) – UK hedge fund Lansdowne Partners Chairman Stuart Roden said on Tuesday he plans to invest in Iceland assets once the country opens up to investment, citing a tourism boom and high exposure to high-tech growth in Europe. Roden also said he was upbeat on Lufthansa given reduced capacity by…
DetailsStephen Paddock, 64, seemed like an ordinary man until his Sunday killing spree The real estate head had no mental illnesses or notable affiliations, family said But he was a gambling addict who played slots and high-stakes video poker He got the rare ‘seven-star’ high-roller rating in Caesar’s Entertainment casinos And the Atlantis in Reno…
DetailsJuggling multiple debts? As a business owner/manager, you might want to consider consolidating your debts. Debt consolidation helps you maximise the potential for big savings on both your monthly repayments and total interest charges. Debt consolidation helps you attend to your debts, especially if youre juggling several at any one given time. As a business…
DetailsANNOUNCEMENT RE INTERIM DIVIDEND AND WINDING-UP CIRCULAR Interim Dividend Following significant further realisations from the VCT qualifying portfolio, the Board is pleased to announce that it has approved an interim dividend of 45p per Share. The ex-dividend date will be 12 October 2017 and the record date 13 October 2017. The dividend will be paid…
DetailsNEW YORK (Reuters) – Creditors approached Puerto Ricos government with offers surrounding the U.S. territorys bankruptcy after Hurricane Maria tore through the island last month, but federal aid remains the top priority, a Puerto Rico official said on Monday. Any offer well review it, and well discuss it with the oversight board and their advisers,…
DetailsDubais Drydocks World has returned to the courts to push through a $2.1bn debt restructuring, clearing the path for the troubled ship-repair business sale to a sister company, DP World, the emirates port operator. The maritime engineering business, a unit of the government-owned Dubai World conglomerate, in 2012 had to use bespoke insolvency legislation to…
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