Etihad Airways partner airberlin is set to undergo a “far-reaching” restructuring including up to 1,200 job cuts and giving its rival Lufthansa up to 40 of its aircraft. Germanys second-largest airline said late on Wednesday that it would become a “leaner, fitter, stronger” carrier operating from its two key hubs in Berlin and Dusseldorf, with…
DetailsBendigo and Adelaide Bank will buy $1.35 billion of mortgage debt from the West Australian government as it looks to expand its business outside the eastern states. The bank said it has agreed to buy about 6,000 standard residential home loans from the state government’s Keystart Housing Scheme Trust, designed to help people buy homes…
DetailsBendigo and Adelaide Bank will buy $1.35 billion of mortgage debt from the West Australian government as it looks to expand its business outside the eastern states. The bank said it has agreed to buy about 6,000 standard residential home loans from the state government’s Keystart Housing Scheme Trust, designed to help people buy homes…
DetailsAllowing Clive Palmer to sue liquidators for not returning assets held by failed company Queensland Nickel would be a “startling affront to justice”, the Supreme Court has ruled. The former politician, through some of his other companies, had sought leave to proceed with a claim against the Townsville refinery’s collapsed manager for refusing to transfer…
DetailsAllowing Clive Palmer to launch a bid to claw back assets held by failed company Queensland Nickel would have been a “startling affront to justice”, the Supreme Court has ruled. The former politician, through some of his other companies, had sought leave to proceed with a claim for all assets held by the Townsville refinery’s…
DetailsMasters Home Improvement customers have been contacting stores in confusion this week after the online product portal of the closing hardware chain ceased operation. Shoppers took to Facebook and store customer service lines to ask why they could no longer see advertised sale products or search for items on the chains main Facebook page. Masters advised…
DetailsWASHINGTON (AP) – The Latest on the U.S. presidential election (all times EDT): 8:33 p.m. Donald Trump says he saved former Miss Universe Alicia Machado’s job by shaming her into losing weight. Trump told Fox News host Bill O’Reilly Wednesday night that he “saved her job because they wanted to fire her for putting on…
DetailsWednesday, September 28, 2016 The industry occupies the first place in the top of economic sectors marked by the procedure of insolvency between January August 2016 they accumulating approximately 45% of the total of insolvencies recorded at national level, according to an analysis made by CITR. The society with a portfolio of over 850 procedures,…
DetailsTo employ excess aircraft and crew capacity, airberlin intends to provide up to 40 Airbus A320 family aircraft to the Lufthansa Group with up to 38 aircraft to be wet-leased under a six year wet-lease agreement.* The restructuring follows a comprehensive, bottom-up review of all operations, seeking to improve efficiency, limit seasonality and re-establish a…
DetailsRob Cullins. Wine and spirits group SPI Group, which includes Stolichnaya vodka in its portfolio, has announced today that Robert Cullins, the CEO of Stoli Group, will leave the company on 15 October. Luxembourg-based SPI, founded in 1997, says the move is based on a joint decision and comes as part of the Stoli Groups…
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