The Norwegian raider plotting a boardroom putsch at the owner of newspaper The Scotsman was declared bankrupt in Sweden more than a decade ago over an unpaid £1.5m tax bill. Christen Ager-Hanssen, who has built up a 12.6% stake in publisher Johnston Press, has been in a dispute with the Swedish taxman for nearly 20…
A former bank hiring manager who robbed five North Side banks and was dubbed the North Center Bandit was sentenced Friday to almost 3-1/2 years in prison, authorities said. Gregor Zuercher, 39, of Chicago, who uses the first name Greg, was sentenced to 41 months in prison by U.S. District Court Judge Thomas Durkin, according…
Theresa May is under pressure to fulfil her pledge to give people struggling with debts breathing space from the bailiffs as figures show that half the British population are financially vulnerable. A cross-party group of peers, including a former Tory minister, is planning to bounce the prime minister into handing those in difficulty a grace…
Whenever two giant companies come together, you have to assume there are going to be some early headaches as the newly combined entity goes through the initial restructuring and builds a coherent long-term strategy. That seems to have been the case with Baker Hughes, a GE Company‘s (NYSE: BHGE) most recent quarterly results. (Side note:…
The stakes on UK fixed-odds betting machines are almost the highest in the developed world. Here punters in bookies can gamble £100 a spin up to five times a minute to try to land a £500 jackpot. It is only the high-rollers playground of Las Vegas where the machine bets can be higher. There gamblers…
Whenever two giant companies come together, you have to assume there are going to be some early headaches as the newly combined entity goes through the initial restructuring and builds a coherent long-term strategy. That seems to have been the case with Baker Hughes, a GE Company‘s (NYSE:BHGE) most recent quarterly results. (Side note: We’re…
By Kevin B Sobel-Read and Madeleine MacKenzie, University of Newcastle The Ten Networks recent experience of voluntary administration and subsequent rescue by CBS demonstrates how insolvency law works for large Australian companies. But 97% of Australian businesses are small or medium size enterprises (SMEs), and they face a system that isnt designed for them. Sixty…
UAE helping hands: Veteran UAE expat left homeless and in debt after job loss – The National x Abu Dhabi, UAESaturday 21 October 2017 Read the full article at: https://www.thenational.ae/uae/uae-helping-hands-veteran-uae-expat-left-homeless-and-in-debt-after-job-loss-1.669110