SPEED: Australian Textile Mills chief executive Geoff Parker and factory manager John OConnor last month welcoming the efficiency potential of newly-commissioned, Italian-made Somet looms. PHOTO: Emma Hillier AUSTRALIAN Textile Mills (ATM) is seeking voluntary redundancy applications from 20 of its Wangaratta factory staff and will change some of the ways in which it makes its…
Sandbanks, in Dorset, boasts the fourth-highest land value in the world It is also the most expensive place to buy a coastal home in the UK Businessman Richard Carr, 58, wants to build apartments and a huge hotel there The plans have drawn the ire of residents who fear the plan will ‘ruin the skyline’…
Fiscal Crisis: On the surface, Illinois and Puerto Rico would seem to have next to nothing in common. But in fact there’s quite a lot, especially when you look at the recent dire economic, fiscal and population trends for both. Both the Midwestern state and the U.S. island commonwealth are hemorrhaging citizens, with thousands leaving. Perhaps…
Are you drowning in a sea of debt? As you charge up your available credit, your debt rises. As your debt rises, your credit score sinks. Now, you may you owe more than you can repay and have ruined your credit temporarily. This is unfortunately is the story of many Americans, but there is a…
Standard Chartered has completed a 2-year restructuring process, according to regional chief executive Ben Hung Pi-cheng, which has seen the successful sell-off or closure of a number of non-profitable units. In an interview with South China Morning Post, Hung insisted it is now in a strong position to look at expansion, with the focus on…
Bari Palma, a candidate for the Kerowagi Open Seat, was declared insolvent (bankrupt) by the National Court on June 1, 2017. This decision was based on Palma failing to pay the taxed costs of an unsuccessful election petition he had filed previously against the sitting MP, Camillus Dangima Bongoro. According to court documents, Palma owes…
Jessie Carlos. (Twitter) The suspect in the Manila casino attack that left more than three dozen dead has been identified as Jessie Carlos, a gambling addict who was drowning in a mountain of debt. Carlos was named as the troubled, gambling indebted former government worker who strode into the Resorts World Manila and started shooting…
The man behind the casino attack in the Philippines that left dozens dead was a heavily indebted Filipino who was hooked on gambling, police say. Manila police Chief Oscar Albayalde said Sunday the family confirmed the man’s identity as Jesse Carlos, a former employee of the Finance Department. Albayalde said the man’s family said he was $80,000…