US will keep ‘open mind’ on any IMF aid to Greece: Treasury official – Yahoo7 News

The US government will keep an “open mind” on any new loan package from the International Monetary Fund for debt-burdened Greece, a senior US Treasury official said Thursday. Despite criticism of international organizations by the Trump administration, the comments allay concerns that US Treasury Secretary Steven Mnuchin could veto any large new aid package for…

Myer rescue won’t save hundreds of jobs at Marcs, David Lawrence – The Sydney Morning Herald

Hundreds of workers from Marcs and David Lawrence stores will still lose their jobs in the next few days despite Myer’s last-minute rescue of the high profile brands. Myer announced on Thursday it would acquire the failed fashion brands which went into administration in February. Play Video Don’t Play There’s no housing bubble … in some…

SCF Group parent placed into receivership by UK backer – The Sydney Morning Herald

One of Australia’s largest container companies, SCF Group, will be restructured after its main backer appointed receivers to the parent companies. British investment giant Intermediate Capital Group appointed receivers from McGrath Nicol to Popeye Holdco and Popeye Bidco, the entities that own SCF Group. SCF Group is one of Australia’s largest shipping container companies. Photo: SeongJoon Cho…