The Greek government spokesman appeared upbeat Wednesday about the prospects for a deal on aid and debt relief for Greece at the Eurogroup summit on June 15. Speaking at a press briefing in Athens, Dimitris Tzanakopoulos added that an agreement with the countrys international lenders could wait until the subsequent summit of European Union leaders…
Greece urged its European lenders on Wednesday to offer incentives that will boost growth and help break an impasse between the euro zone and the International Monetary Fund on the size of relief the country needs to make its debt sustainable. During a meeting of euro zone finance ministers last month, Greece, its euro zone…
Get the Pulse of the Market with StreetInsider.com’s Pulse Picks. Get your Free Trial here. Inseego Corp. (Nasdaq: INSG) today announced key additions to the management team and changes to its Board of Directors as the Company embarks on an overhauled corporate strategy and immediately executes a restructuring plan to drive the Company to nearterm…
KOLKATA: Burn Standard, India’s largest railway wagon manufacturing company in West Bengal, said on Wednesday that it cannot cover its debts and has filed for insolvency last month. “For about 23 years, we were trying to bring back the company’s lost glory. But even after all our efforts the company couldn’t clear long pending debt.…
SAN DIEGO–(BUSINESS WIRE)–Inseego Corp. (Nasdaq: INSG) (the Company), a leading provider of MiFi®branded intelligent wireless solutions for the worldwide mobile communications market and SaaS solutions for the Internet of Things (IoT), today announced key additions to the management team and changes to its Board of Directors as the Company embarks on an overhauled corporate strategy…
Kolkata-based steel company Ramsarup Industries has filed for insolvency in an attempt to restructure its finances. The company has filed for insolvency under the Insolvency and Bankruptcy Code (IBC), 2016, which was brought in to ensure timely restructuring of companies and help banks recover loans. The company has a debt of around Rs 2,000…
GPS cleaning company treated vulnerable employees as ‘slaves’: court exit Xiao Teng was supporting her partner who was undergoing chemotherapy when cleaning company Grouped Property Services Pty Ltd stopped paying her. Her colleague Freddy Herrera, an engineering student from Colombia, worked for GPS for five hours a day, seven days a week and “was grossly…
Why it matters to you No matter how bad of an employee you think you are, you’re probably not as bad as the guy who allegedly stole thousands of phones to pay off his gambling debt. A Samsung employee has given a brand-new meaning to the term gambling problem. As per a report from The Investor,…
Reuters ATHENS, June 7 (Reuters) – Greece urged its European lenders on Wednesday to offer incentives that will boost growth and help break an impasse between the euro zone and the International Monetary Fund on the size of relief the country needs to make its debt sustainable. During a meeting of euro zone…
A man has been arrested for stealing over 8,000 phones from Samsung over a period of two years. The stolen handsets were sold to a retailer for 800 million South Korean won or $711,743. The man, simply known as Lee, joined Samsung in 2010. He was able to smuggle the handsets out of the office…