The chief executive of Super Retail Group, owner of Rebel sports stores, Supercheap Auto and the BCF outdoors chain, says the company may open up to 18 new outlets in former Masters hardware sites abandoned by Woolworths. Peter Birtles said on Friday the retail company was in a strong position to meet the Amazon assault…
A college education can set you up for a lifetime though it can come with a hefty price tag: Some unfortunate students have gotten both a mountain of debt and an education that falls far short of their expectations. Across the nation, a few for-profit colleges have been deceiving students into taking out private loans…
Infant formula maker Bellamys posted a full year loss of $809,000, a long way from the $38.33 million profit of the previous 12 months. Revenue was $240.18 million, well below analyst expectations of about $330 million before the company hit a roadblock for sales into China. However, the company has made some progress in restructuring…
BOGOTA, Colombia, Aug. 24, 2017 /CNW/ — Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) reports that as part of its process of reviewing the Ecopetrol Group’s corporate structure, at its meeting of August 18, 2017, the Board of Directors authorized: Taking the necessary measures under applicable law to liquidate Ecopetrol Global Capital S.L.U., a wholly-owned subsidiary…
Democrats hinted Thursday that they wont be too eager to help the GOP raise the governments debt ceiling later this year, adding another partisan problem to Republicans list of challenges. President Trump early in the day accused Democrats of obstruction over the debt ceiling, spurring House Minority Leader Nancy Pelosi to fire back that its…
BOGOTA, Colombia, Aug. 24, 2017 /PRNewswire/ — Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) reports that as part of its process of reviewing the Ecopetrol Group’s corporate structure, at its meeting of August 18, 2017, the Board of Directors authorized: Taking the necessary measures under applicable law to liquidate Ecopetrol Global Capital S.L.U., a wholly-owned subsidiary…
SINGAPORE: A new Insolvency Bill bringing together different pieces of legislation dealing with debt-ridden bodies is set to be introduced in the second half of 2018. Law and Home Affairs Minister K Shanmugam said this on Thursday (Aug 24) at the Singapore Insolvency Conference 2017. The Bill is one of a series of measures announced previously…
A new law to consolidate Singapore’s personal bankruptcy and corporate insolvency regimes will be introduced next year, said Home Affairs and Law Minister K. Shanmugam yesterday. The omnibus Insolvency Bill, which is expected to be enacted in the second half of next year, will streamline the laws to provide consistency and clarity, said Mr Shanmugam,…
The former clients of the retail FX broker will be notified via email by August 25, 2017 confirming that the Catch Up Distribution payment of 20 pence in the £ has been made to them. The Joint Special Administrators of Alpari (UK) Ltd, the retail FX broker that went insolvent following the Black Thursday events…
Over 30 Queensland-based construction companies have collapsed in 2017, and nearly 450 more are at high to severe risk of failure in the next 12 months, according to insolvency group SV Partners. Insolvency group SV Partners has released its findings in Augusts Commercial Risk Outlook Report. The report analyses industries and regions within Australia where incorporated operating businesses are predicted to…