Guvera co-founders Darren Herft and Claes Loberg. Wayne Taylor Guvera had plans to float on the London Stock Exchange before its Blinkbox operation in Britain failed spectacularly, forcing the company to try its fortune on the Australian Stock Exchange instead, court documents reveal. The news comes ahead of Thursday’s first creditors meeting at Deloitte’s Parramatta office in western Sydney, where…
DetailsStock-Markets / Financial Crisis 2016 Jul 06, 2016 – 07:12 AM GMT By: James_Quinn Just over a week ago the world was coming unglued, as enough British citizens grew a pair and spit in the face of the EU establishment and global elite by voting to exit the EU. The fear mongering by central bankers…
DetailsChina’s expanded business activity in the service sector in June shows the effect of restructuring as the economy moves away from reliance on manufacturing. The Purchasing Managers’ Index for the service sector rose to an 11-month high of 52.7 in June, up from 51.2 in May, according to a survey conducted by Caixin Media Co…
DetailsThe OECD on July 4 published proposed amendments to Chapter IX of the transfer pricing guidelines dealing with business restructuring to conform the guidance to recent changes made to other chapters on account of the final OECD/G20 base erosion profit shifting (BEPS) reports. Significant changes were made to Chapter 1 of the guidelines concerning delineating…
DetailsLuxury jewellery retailer Bensimon has collapsed into liquidation, with reported debts totaling close to $7 million. Bensimon Reatil Group operates the Bensimon Diamonds retail outlet in Melbournes Crown Casino, as well as an online retail business. Its related company, RR Fine Jewels, trades as Elizabeth Fine Jewellery on Elizabeth Street in the Melbourne CBD. The…
DetailsVirgin Australia has flagged a $450 million impairment to its full-year earnings as it cuts costs as part of a wider restructure of the airline as it prepares to raise $852 million from shareholders to pay down debt. The airline also flagged changes to the types of aircraft it uses as part of a fleet…
DetailsThe rush of Christmas shopping can come back to bite you with credit card debt many month later. Postmedia News files Q: Ive been so careful with buying things on my credit cards and I am so frustrated that I cant pay them down. Im hardly using the cards at all and I still owe…
DetailsComments (0) Swansea charity Cyrenians Cymru has said that there is no ‘immediate threat’ to its programmes – despite being declared insolvent and a second staff member under investigation for fraud. The BBC has also reported that the charity is now speaking to all the organisations it works with to plan how to keep its work going.…
DetailsSPRINGFIELD, Mo. (KSPR) It’s been 5 years since Wonders of Wildlife stopped taking hotel – motel tax revenue funds. That money has been split up to pay off city debt and help fund other projects that are expected to bring in tourism.The tax revenue that comes in each year now is split 40-60.40% of that…
DetailsBy Reuters Published: 23:29 EST, 5 July 2016 | Updated: 23:29 EST, 5 July 2016 By Dhara Ranasinghe LONDON, July 5 (Reuters) – Foreign demand for British government bonds may not necessarily be hit by the Brexit vote and sterling weakness could even encourage foreign investors to buy gilts, a senior official at the country’s…
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