Zimre Holdings Limited (ZHL), saw its profits growing by 1 137% to $2,7 million in the half-year ended June 30 from the comparable period last year, as the financial services group reaps from its restructuring exercise. BY BUSINESS REPORTER In the same period last year, ZHL posted a profit of $200 000. The performance was…
DetailsISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan on Sunday admitted that he did gambling to return his loans. In an interview with a private news channel, Imran Khan was asked by the host about gambling proceeds in his book, to which the PTI chief said there was nothing wrong in it. Imran Khan said he…
Details(Reuters) – The main listed unit of Chinese technology conglomerate LeEco said on Sunday that it plans to buy investment and financial service assets from an affiliate for up to 3 billion yuan ($455.24 million) as part of a restructuring exercise. Leshi Internet Information & Technology, a video content company, said in a filing it…
DetailsSept 25 (Reuters) – The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times The credibility of an expert witness put up by the pharmaceuticals industry has been shot down by the National Institute for Health and…
Detailsby Lisa Armstrong Tributes are a strange business. A closure of sorts. Then again, there’s always the risk of reopening old wounds that may, more or less, have healed. Donatella Versace has been tussling with this dilemma for two decades. It’s 20 years and two months since her brother, Gianni, was murdered outside his Miami…
DetailsBhushan Steel, which owes banks a whopping Rs 44,447 crore, had initially objected to the insolvency proceedings alleging SBI had inflated the dues by around Rs 100 crore. The committee of creditors to Bhushan Steel is reluctant to sanction fresh interim funding of around Rs 500 crore as part of the corporate insolvency process, senior…
DetailsIf the United States wants to help the hurricane-ravaged island of Barbuda, it could do so by paying a $273 million debt over online gambling that started accruing in 2007. The island of Barbuda was 95 percent destroyed by Hurricane Irma, with TK,000 residents displaced. Its government would really like to collect on old debts.…
DetailsPeople trapped in a spiral of credit card debt would be protected by a cap on their interest payments under a Labour government, John McDonnell, the shadow chancellor, will say on Monday. Speaking at the partys annual conference in Brighton, McDonnell will announce plans to help the more than 3 million people in Britain who…
DetailsAPPROXIMATELY 95% of employers are considered to be a small business (less than 20 employees), including micro businesses (less than five employees). Micro & small businesses make a significant contribution to the total value of industry output. Small businesses are spread out over all industries. In the Coffs Harbour region ‘health care and social assistance’…
DetailsQ: I am trying to get my finances in order and, like many, I am struggling. The majority of my debt comes from student loans, but I also have unsecured debt that is weighing me down. I work for a nonprofit and know I need to contact my lenders to try to enroll in the Public…
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