Nova Scotia’s highest court has given the provincial government another crack at recovering at least some of the money it loaned a bankrupt fisheries company. D’Eon Fisheries of Port Mouton declared bankruptcy in 2013. The company shut down shortly after receiving a $500,000 loan from Nova Scotia Business Inc., made on the eve of the 2013 provincial…
By Reuters Published: 01:17 EST, 22 April 2016 | Updated: 01:17 EST, 22 April 2016 ATHENS, April 21 (Reuters) – Greek Prime Minister Alexis Tsipras on Thursday rejected the idea of more austerity measures and called for debt relief instead after the European Commission said Greece’s fiscal performance was better than expected last year. Economic…
A single woman on a board is a token. Erin Jonasson by Reza Monem One is a token, two is a presence, three is a voice. Sounds familiar? This seems to be the effect of placing women on corporate boards. Although corporate leaders may think otherwise, academic research seems to find this effect again and…
As Intel embarks on the move to eliminate around 12,000 jobs globally, close to 11 per cent of its global workforce, the chip maker’s operations in India may not be spared though the impact here might not be immediately felt. India is one of the important research and development (R&D) sites…
The Greek economy is just one step away from a recovery but needs debt relief, not further austerity, to cross the finish line, Greek prime minister Alexis Tspiras has told Euronews. Pointing out that his governments economic perfomance has defied the critics, he said the economy is on the final bend and needs a boost…
Early last year, at a royal encampment in the oasis of Rawdat Khuraim, Prince Mohammed bin Salman of Saudi Arabia visited his uncle, King Abdullah, in the monarchs final days before entering a hospital. Unbeknown to anyone outside the House of Saud, the two men, separated in age by 59 years, had a rocky history…
ANALYSIS: The Turnbull government is playing the collapse of Clive Palmers nickel refinery for all its worth. The workers at Queensland Nickel are fortunate that the Fair Entitlements Guarantee (FEG) can now be activated. That will pay their entitlements and allow them and their families some financial support. It will allow them breathing space to…
IAIN MCGREGOR/FAIRFAX NZ Stonewood Homes was placed into receivership owing unsecured creditors $15m. Now the IRD has had two of its companies liquidated. Two Stonewood Homes companies owing more than $1 million in taxes have been placed in liquidation. Inland Revenue Department filed proceedings against Stonewood Homes New Zealand Ltd and Stonewood Homes Ltd, both in receivership, at the High Court in Christchurch on March…