When opportunity knocks, it seldom knocks twice. For Ross Vincent, Special Projects Manager at NZ business Retail Dimension (now known as RD), the upheaval associated with relocating and restructuring the business in 2017 provided a unique opportunity to improve business processes, one that he grabbed with both hands. RD is one of New Zealands leading…
Late night venue Supermild has permanently closed, with liquidators visiting the site yesterday afternoon, says its owner Sam Lisy. Supermild is no more read a post to the venues Facebook page this morning, when Lisy announced her business had been put into liquidation. Sam Lisy tells The Adelaide Review that the end of Supermild was…
BRITAIN is preparing to pay a long standing £450m debt to Iran that will help free imprisoned mum Nazanin Zaghari-Ratcliffe. Boris Johnson and Chancellor Philip Hammond quietly authorised government lawyers to finally settle the 38 year-long dispute over a tank deal. PA:Press Association Nazanin Zaghari-Ratcliffe has been locked up since April 2016 on trumped up…
Australian mobile phone repair firm, 101 IT Solutions, which traded as Fonebiz, has gone into liquidation just over a month after being placed into voluntary administration. Domenic Calabretta, of Mackay Goodwin, was appointed as liquidator on 15 November after creditors voted in favour of winding up the company, which had been in administration since October.…
Australian mobile phone repair firm, 101 IT Solutions, which traded as Fonebiz, has gone into liquidation just over a month after being placed into voluntary administration. Domenic Calabretta, of Mackay Goodwin, was appointed as liquidator on 15 November after creditors voted in favour of winding up the company, which had been in administration since October.…
The business restructuring comes as the Singh brothersMalvinder Singh (left) and Shivinder Singhhave been attempting to sell assets in order to pare debt at their main holding company RHC Holding. Photo: HT Mumbai: Two companies controlled by tycoons Malvinder and Shivinder Singh announced a reorganization as the brothers wrestle with debt and legal tangles. The…
By Jack Stubbs and Deisy Buitrago MOSCOW/CARACAS (Reuters) – Venezuela won easier debt terms from Russia and got a vote of confidence from China on Wednesday, as the oil-rich country said it had starting making interest payments on bonds after a delay that had threatened to trigger a default.A debt restructuring deal with Russia that…
WOBURN, Mass.–(BUSINESS WIRE)–Monotype Imaging Holdings Inc. (Nasdaq: TYPE) today announced a restructuring of the Olapic business designed to accelerate its integration into the core Monotype business, thereby helping Monotype to drive improved growth and customer value for the Olapic offerings, and to calibrate investments to better support the Olapic business over time. As a result,…
People struggling with debt could be helped by a Bill progressing through parliament designed to reduce the term of bankruptcy to one year. Photographer: Sergio Dionisio/BloombergPicture: Bloomberg Debt-affected Pilbara property and business owners suffering in the wake of the end of the mining boom could be some of the biggest winners if new legislation is…
MOSCOW (Reuters) – Venezuela has not requested any help from Russia beyond a debt restructuring deal that has already been agreed between the two countries, Kremlin spokesman Dmitry Peskov told reporters on Wednesday. Russia and Venezuela are to sign an agreement on Wednesday restructuring around $3 billion in debts to Russia, a source familiar with…