OCT 13 (Reuters) – The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times – More high street banks and building societies intend to curb their supply of credit to consumers over the next three months than…
OCT 13 (Reuters) – The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times – More high street banks and building societies intend to curb their supply of credit to consumers over the next three months than…
They carry such a wide variety of clothing and housewares and bedding. We have fewer and fewer places on P.E.I. to shop, so its disappointing that its closing, she said. The company announced earlier in the day that it failed to find a buyer that would allow the business to operate for the foreseeable future…
OCT 13 (Reuters) – The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times – More high street banks and building societies intend to curb their supply of credit to consumers over the next three months than…
By Scott Tong October 12, 2017 | 8:41 PM Embed Code<iframe src=”https://www.marketplace.org/2017/10/12/world/do-rising-stocks-help-nation-s-debt/popout” frameborder=”0″ width=”100%” height=”240px”></iframe> Marketplace Embed Code<iframe src=”https://www.marketplace.org/2017/10/12/world/do-rising-stocks-help-nation-s-debt/popout” frameborder=”0″ width=”100%” height=”240px”></iframe> The stock market has surged for much of the last year, and the president like all presidents is trying to take credit. Fair enough. But last night, he suggested the stock market can help…
A husband-and-wife financial adviser team have been barred from the profession after blowing millions of pounds on luxuries, including cosmetic dental treatment and flying lessons, despite their firm being declared insolvent after it mis-sold endowment policies. John and Colette Chiesa, founders of Westwood independent financial planners in Lanarkshire, were banned from working in financial services…
Chinas leading train maker, CRRC Corp., will shutter half of its freight-car manufacturing capacity in a business restructuring to deal with excess capacity. CRRC has told several rail vehicle-making subsidiaries to cut freight-car production, involving about 50% of its total freight-car manufacturing capacity. Three subsidiary companies will fully withdraw from freight-car production, according to a…
Adelaide-based distributor BMS Technology has entered into voluntary administration after more than three decades in business. BMS, whose portfolio includes Canon, Intel, Microsoft and Toshiba, sought the services of Adelaide-based Macks Advisory, with Peter Macks and Ian Burford named as the administrators. The company is headquartered in Adelaide with offices in Melbourne and Perth. Peter…
Earlier, the general perception among bankers and even policy makers at RBI was that the absence of a strong bankruptcy code was behind the many ills in the banking system Representative Image … Read the full article at: http://www.business-standard.com/article/finance/bankers-wary-of-insolvency-code-as-high-provisioning-looms-117101300042_1.html
A woman who was ordered to pay £24,500 in unpaid fines after ignoring hundreds of parking tickets has been declared bankrupt with debts totalling more than £37,000. In a landmark ruling at Dundee Sheriff Court earlier this year, Carly Mackie was told she had to pay the unpaid charges to a private parking company. The…