Former boss Rob Shand stepped down in April to be succeeded by Kim Morison, who was head of real assets and is now acting head of the business. Blue Sky disclosed for the first time that of the almost $100 million that it raised following its half-year results at $11.50 a share, $40 million went…
South African furniture conglomerate Steinhoff International Holdings has seen the voluntary administration of its European arm blocked by a company claiming to be a creditor, according to a release sent to investors. The company known as LSW GmbH an entity reportedly related to Andreas Seifert, who,according to BusinessDay, currently has a dispute in the Austrian…
It was like a script from a Hollywood film. The balaclava-clad robber by day a devoted father and businessman scales a building in the dark of night, cuts a hole in the roof and disables the security system before lowering himself through the ceiling. Once inside, the stealthy criminal uses an angle grinder to slice…
Senior Chinese leaders offered in 2016 to help bail out a Malaysian government fund at the center of a swelling, multibillion-dollar graft scandal, according to minutes from a series of previously undisclosed meetings reviewed by The Wall Street Journal. Chinese officials told visiting Malaysians that China would use its influence to try to get the…
We are America and we have an addiction. We live beyond our means, spend unconsciously, do too much therapy shopping, live the swipe it and forget it lifestyle, use whatever colorful phrase you like. The 5 Cheapest Ways To Pay Off Credit Card Debt FastGetty Americais addicted to living on loans. Americans passed two milestones…
THE full story of Hanjin Heavy Industries and Construction Co.-Philippines (HHIC-Phil) Inc., once touted as the shining star of Subic Freeport and an inspiration to Philippine policy-makers who used it as part of their basis to list shipbuilding among the countrys most promising industries, will perhaps not be known anytime soon. It is a saga…
Australian film West of Sunshine is set to hit VOD platforms on January 22. If you like small-town indie dramas you should add this one to your list! West of Sunshine is a difficult movie to describe without giving away the story or underselling it, but Ill do my best. The idea is simple enough.…
At the meeting of NMGs board of directors last Friday, Shine was appointed chairman of the groups executive committee and also vice chairman of the board of directors with immediate effect. Shine said a part of the new investments on the digital TV business would be for upgrading its news production studio and the…
Finance Minister Arun Jaitley Thursday said Rs 80,000 crore has been recovered by creditors in 66 cases resolved by NCLT and around Rs 70,000 crore more is likely to be realised by March-end. Accusing the Congress of leaving behind a legacy of an “anachronic system” of resolving commercial insolvency, Jaitley said the NDA government acted…
More than one-quarter of Americans with health insurance have received a surprise medical bill, according to a new survey from Consumer Reports. Those healthcare charges can have big consequences because medical bills can drag down your credit score. (Photo: KUTV) (KUTV) More than one-quarter of Americans with health insurance have received a surprise medical bill,…