Supermarket giant Woolworths today announced that Sally Macdonald has resigned as chief executive of the companys troubled Big W stores after less than a year in the role. The former CEO of luxury goods group Oroton joined Big W in January this year. She was known as a turnaround executive after taking Oroton back to…
DetailsRestructuring within the Ruralco farm services company has eroded its 2015-16 after-tax profit to $4.2 million down from last financial years $14.1m. Although the rural agency and water services group posted strong results in its core traditional business, with rural supplies gross profits up 16 per cent to $118m and agency gross profits up 3pc…
DetailsRelated reading: ATHENS, Nov. 15 (Xinhua) — U.S. President Barack Obama reiterated on Tuesday Washington’s steady and strong support to Greece’s efforts to address the debt crisis while visiting Athens as part of his last European tour. U.S. President Barack Obama (L) reviews a presidential honor guard during the official welcoming ceremony at the presidential…
DetailsThe stock of BANK OF IRELAND (GOVERNOR & COMPANY OF THE) NON-CUM PRFA#1 LIQUIDATION (LON:BKIC) hit a new 52-week high and has GBX 35.44 target or 98.00% above todays GBX 17.90 share price. The 6 months bullish chart indicates low risk for the GBX company. The 1-year high was reported on Nov, 15…
DetailsFormer Queensland Government minister Leanne Donaldson has opened up about her struggle with mental illness, revealing depression contributed heavily to her personal financial problems. Ms Donaldson, the Member for Bundaberg, resigned as the minister for agriculture and fisheries earlier this month, following mounting revelations about her personal finances. She had had an outstanding council…
DetailsBIG W boss Sally Macdonald has quit after less than a year in the job, citing the length of the turnaround. Jon Reid Former Oroton boss Sally Macdonald has quit as chief executive of Woolworths’ struggling discount department store chain BIG W after less than a year in the job. The shock departure was announced on Wednesday by new Woolworths…
DetailsMONTHS after it was announced a Basingstoke car dealership had gone into liquidation causing hundreds of jobs to be lost, a new group has taken over the Ford branch of its garages offering 30 new jobs. Think Ford, pictured, a subsidiary branch of Group 1 Automotive Americas third largest automotive retailer, has confirmed its business-as-usual…
DetailsFormer U.S. senator and N.J. attorney general Jeffrey S. Chiesa was appointed on Monday to oversee Atlantic City’s financial recovery as the state begins to implement the city’s takeover. An attorney at Chiesa Shahinian & Giantomasi PC, Chiesa, a Republican who served as N.J. Gov. Chris Christie’s chief counsel and the state’s 59th attorney general from…
DetailsOutgoing US President Barack Obama has arrived in Athens on the first leg of a visit that will also take him to Germany and Peru. During the visit, Obama is expected to focus his attention on Greeces debt, which at 177% of national output is the largest in Europe. The US and the International Monetary…
DetailsTelford Tigers to go into voluntary liquidation 15 November 2016 From the section Shropshire Image copyright Telford Tigers Image caption Wayne Scholes, a kit boy for Telford Tigers in the 1980s, bought the club in 2013 Ice hockey league leaders Telford Tigers are to go into voluntary liquidation with debts of about £500,000. Insolvency practitioner…
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