Government says PETROTRIN must be restructured in order to survive – Trinidad & Tobago Express

Share: Facebook Twitter Prime Minister Dr. Keith Rowley PORT OF SPAIN, Trinidad, Jan 11, CMC The Trinidad and Tobago government Wednesday night said it is necessary to carry out a restructuring of the state-owned oil company, … Read the full article at: http://www.trinidadexpress.com/20170111/business/government-says-petrotrin-must-be-restructured-in-order-to-survive

Softline Australia Distribution in liquidation with debts of $200000 – CRN Australia

Western Australian PC components distributor Softline Australia Distribution has entered liquidation after being unable to pay debts in excess of $200,000. Domenico Calabretta and Grahame Ward of Mackay Goodwin were appointed liquidators on December 20, 2016. Documents lodged with corporate regular ASIC revealed the company sank among a number of debts, including an undisclosed debt…

Parexel: taking steps to reduce costs with company-wide restructuring – OutSourcing-Pharma.com

Parexels restructuring plan to simplify the organization will include eliminating an undisclosed amount of positions as the CRO looks to save on costs. In a form 8-K filed with the SEC on January 6, 2017, the contract research organization (CRO) announced its plan to restructure operations had been approved by the chairman and CEO and…

Bus Éireann confirms company facing insolvency “in the next 18 months” – Newstalk 106-108 fm

Bus Éireann has confirmed the company is facing insolvency within 18 months unless decisive actions are taken to reverse losses. The transport providers acting Chief Executive Ray Hernan has told staff the company is facing forecasted losses of 8m for 2016 and warned that, collectively we cannot allow this trend to continue. The company has…

Rod Culleton to fight removal from politics after losing position as senator following bankruptcy ruling – ABC Online

Related Story: Rod Culleton loses position as WA senator after bankruptcy decision Rod Culleton is vowing to fight his removal from federal politics, despite the president of the Senate confirming his disqualification. Key points: Senator Stephen Parry said he had received confirmation for the Federal Court that Rod Culleton was bankrupt…