Struggling department store chain Debenhams said shareholders could lose their entire investment as a result of some of the restructuring options it is considering. The 200-year-old retailer said it is trying to refinance its debt, restructure its estate after a series of profit warnings and seek a cash injection of up to 200 million (A$373.1…
Oracle Corp. has reportedly axed hundreds of its engineering staff worldwide amid an organizational restructuring thats meant to help the company refocus on its cloud infrastructure operations. IEE Spectrum reportedFriday that the total number of staff cut could exceed thousands worldwide, with up to 10 percent of Oracles staff affected, though lower estimates suggest a…
Inevitably, a project of this scale, its complexity, its risk, is going to suffer the odd setback and criticism but I have a sense that China, as the main architect of the Belt and Road along with many of the other participants, are learning from this as they translate it into reality. Chinas Belt and…
Three Pennsylvania state senate Democrats are launching a plan to help people with student loan debt. Sen. Vincent Hughes, who represents parts of Philadelphia and Montgomery counties, is working with Sen.Katie Muth, who represents parts of Montgomery and Chester counties, and Lindsey Williams, who represents Allegheny County, to co-sponsor thePA Student Higher Education Lending Protection…
Inevitably, a project of this scale, its complexity, its risk, is going to suffer the odd setback and criticism but I have a sense that China, as the main architect of the Belt and Road along with many of the other participants, are learning from this as they translate it into reality. Chinas Belt and…