Fri, Mar 16, 2018 – 6:39 PM MAINBOARD-listed aluminium dealer Compact Metal Industries has brought back an old plan to transfer its listing status, in a fresh agreement inked on Friday. The proposed internal restructuring would see Compact Metal enter a scheme of arrangement to shift its shares – and listing status – to International…
Policymakers have been struggling to identify ways to deal with America’s staggering student loan debt. As of January 2018, Student Loan Hero estimated total outstanding student loan debt at $1.48 trillion, affecting 44 million Americans. Thanks to this debt burden, young Americans are having difficulty achieving typical financial milestones such as home ownership. Here’s a…
(Reuters) – Toy retailer Toys R Us Inc on Thursday asked the U.S. Bankruptcy Court for approval to stop paying all of its suppliers while it tries to line up buyers for its international business ahead of a planned liquidation of its U.S. operations. The iconic toy stores plan to liquidate inventory and shutter or…
Counsel for Vedanta and Tata Steel on Thursday argued before the Kolkata bench of the National Company Law Tribunal (NCLT) that their clients were eligible bidders for Electrosteel Steels, currently undergoing insolvency resolution. Renaissance Steel India, also a bidder for Electrosteel, had moved the tribunal, challenging the eligibility of Tata Steel and Vedanta. Tata…
NBU Governor Valeria Gontarevas Report to the Verkhovna Rada, March 15, 2018. Dear members of Parliament At last, after 10 months of awaiting, I have the opportunity to report to the Verkhovna Rada on three years of my work as the Governor of the National Bank of Ukraine. From the very beginning I emphasized that…
Many of America’s military service members and veterans report that financial stress is hurting their emotional and mental health as well as their ability to set future goals. Among the respondents to a 2017 Military Family Advisory Network survey, a staggering number – 92.5% – reported they have debt, while 44% of the group reported…
The sale of Doughnut Time has been axed as founder Damian Griffiths has refused to sign over the trademark to former CEO and managing director, Dan Strachotta. As reported last week, Strachotta was planning to purchase the company and save the remaining stores. Advertisement According to ABC, the chain went into voluntary administration on Friday…
09:30 16/03/2018 MOSCOW, March 16 (RAPSI) The Voronezh Region Commercial Court has declared the primary co-owner of Yashma group Igor Mavlyanov bankrupt, the court ruling reads. The court has initiated the procedure of Mavlyanovs property sale for the duration of six months. Earlier, Yury Burlyak, the property manager for Mavlyanov, asked the court to declare…
IN 2011, Sarah Doyle enrolled in a four-year Bachelor of Behavioural Science and Counselling at The University of Notre Dame in Sydney. She wanted to work in social welfare but after graduating and applying for a range of jobs, Ms Doyle was never even granted a single interview, let alone a job. She soon realised…
This month is an important reminder of South Africans human rights, and rightfully so. But, if there is one thing that the South African consumer should take note of, is their rights as consumers, which is celebrated on World Consumer Rights Day on the 15th of March. Consumers are primarily responsible to not only make…