KUALA LUMPUR: British American Tobacco Bhd (BAT) will restructure its business operations by sourcing tobacco products for the local market from other BAT factories regionally. BAT, in a filing to Bursa Malaysia today, said the restructuring exercise would involve shutting down factory operations in Virginia Park, Petaling Jaya, Selangor. “Our unit, Tobacco Importers and Manufacturers…
DetailsFlint Whistleblower: Health Impact Of DC Water 20-30 Times Worse Than Flint by David Eldridge, InsideSources The Virginia Tech professor credited with sounding the alarm about poisoned water in Flint says the District of Columbias own long-running problems with lead exposure dwarf the crisis in Michigan. One day after appearing before Congress to blast federal…
DetailsThis 2011 file photo shows workers at the Petaling Jaya factory. KUALA LUMPUR: British American Tobacco (M) Bhd (BAT) will cease its manufacturing operations in the country under an operations restructuring that will see it sourcing tobacco products for the domestic market from other British American Tobacco group factories regionally. The tobacco firm – whose…
DetailsGabrielle Upton says directors need certainty about whether their insurance can fund their costs to defend a claim. Wolter Peeters by Marianna Papadakis NSW Attorney-General Gabrielle Upton has asked the NSW Law Reform Commission to review insurance laws that could prevent directors and officers from accessing their personal liability insurance. Ms Upton said the laws…
DetailsMan charged in Waterbury shooting over gambling debt BY JONATHAN SHUGARTS REPUBLICAN-AMERICAN WATERBURY A shooting victim became a shooting suspect after police tied him to an attack outside of a Grove Street liquor store that left a man gunshot. George Nelson, who authorities suspect is a member of the Bloods street gang, was charged Wednesday…
DetailsMelissa Hills – Yahoo7 News on March 17, 2016, 5:47 pm Video Three-year-old girl sold to cover mum’s gambling debts A shocking video has emerged of the moment a Chinese mother counted money out with her little girl before she was about to illegally sell her to a trafficker to pay off gambling debts. Huanqiu.com…
DetailsBrazils economic quagmire, with an ever-growing corruption scandal on top of the longest and deepest recession in at least a century, is producing an unprecedented era of corporate debt restructuring in the country. Brazilian debt now accounts for 45 percent of Bank of America Corp.s $137 billion index for distressed emerging-market bonds, compared with less…
Details(The following statement was released by the rating agency) SEOUL/SINGAPORE, March 17 (Fitch) Fitch Ratings has assigned a ‘BBB+(EXP)’ expected rating to South Korea based Shinhan Bank’s (Shinhan; A/Stable) proposed US dollar denominated subordinated unsecured notes. This is Shinhan’s first offshore issue of a Basel III-compliant Tier 2 instrument. Fitch expects the notes to have…
DetailsThursday, 17 March 2016 | Staff Reporter View Comments Facebook 5 Google + 1 Linkedin 0 Liquidators have been appointed to companies associated with a notorious property spruiker. In a statement today, ASIC announced that the Federal Court of Australia has made orders appointing liquidators to companies associated with Jamie McIntyre and 21st Century land…
DetailsMan charged in Waterbury shooting over gambling debt BY JONATHAN SHUGARTS REPUBLICAN-AMERICAN WATERBURY A shooting victim became a shooting suspect after police tied him to an attack outside of a Grove Street liquor store that left a man gunshot. George Nelson, who authorities suspect is a member of the Bloods street gang, was charged Wednesday…
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