The City regulator is at loggerheads with MPs after refusing to publish a report it commissioned into the way Royal Bank of Scotland treated small business customers. Andrew Bailey, the chief executive of the Financial Conduct Authority, has told MPs on the Treasury select committee that publication of information in the report could be a…
DetailsTransaero Airline has been declared bankrupt by the Commercial Court of Saint Petersburg and Leningrad region, Russias TASS agency reported Sept. 13. Russias Sberbank filed a bankruptcy motion against Transaero on Oct. 19, 2015; the court put the airline under external supervision in December 2015. External supervision representatives said at the court Sept. 13 they…
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Dana Gas dismisses fresh restructuring proposal – The National x Abu Dhabi, UAEThursday 14 September 2017 Read the full article at: https://www.thenational.ae/business/energy/dana-gas-dismisses-fresh-restructuring-proposal-1.628349
DetailsBy: Alan Burkitt-Gray Published on: Thursday, September 14, 2017 Ericsson takes three RCom units to Indian bankruptcy court but RCom says it will challenge the petitions Reliance Communications (RCom) says it intends to challenge petitions by Ericsson against it and two of its telecoms subsidiaries over alleged non-payment of debts totalling 11.55 billion rupees ($180…
DetailsCLARE MABS is currently assisting more than 100 clients in late-state mortgage arrears, with a further 110 mortgage arrears clients also being helped by the money advice service in the county. Details of the supports MABS is offering throughout Clare was revealed at a presentation to Clare County Councils Social Development Strategic Policy Committee. In…
DetailsUK Debt advisers are using behavioural science to try to nudge more people to get help with their money problems. The Money Advice Service, a body set up by the UK government to offer free financial advice, has produced a guide to help its advisers apply the learnings of behavioural science. The tips in the…
DetailsMaseru – Lesotho’s economy was slowly turning around following a slump caused by the 1998 political uprising, and the government was predicting a growth rate of about one or two percent, Finance Minister Kelebone Maope said on Monday. “There is already some economic activity beginning to occur, and I believe that by this time next…
DetailsDavid James The former England No.1 had a long and storied career, playing for Liverpool, Aston Villa, West Ham United, Manchester City and Portsmouth. He reportedly earned in excess of £20 million (S$35.6 m) during his time in the Premier League. James even held an online auction to sell off some personal belongings and football memorabilia But an expensive divorce in…
DetailsEricsson India Private Limited (Ericsson) has filed an insolvency case against Reliance Communications Ltd. in the Mumbai bench of the National Company Law Tribunal (NCLT) to recover dues totalling Rs. 1,155 crore. Confirming the development, an Ericsson spokesperson said in an emailed reply to a query from The Hindu, Ericsson can confirm that the company…
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