TORONTO — The clock is ticking down on two deadlines that may determine the fate of Hudson’s Bay. Anyone interested in buying Canada’s oldest company or assets like the rights to its iconic Stripes brand has until Wednesday at 5 p.m. to submit binding proposals. Those wanting to take on leases held by the 355-year-old…
Massive American company being liquidated in South Africa Business Tech Read the original article here
AI company Anthropic recently added web search to its chatbot Claude. It joins other artificial intelligence tools like Perplexity and ChatGPT in delivering one clear answer to a web search query instead of pages and pages of links. We’ll dig into what that means for consumers and content publishers on today’s Marketplace “Tech Bytes: Week…
Casa’s Dutch shops remained closed on Wednesday morning: the retailer was declared bankrupt on Tuesday, a logical consequence of the earlier bankruptcy of its parent company in Belgium. ‘The staff are appalled’ A month ago, Casa Netherlands’ works council had already filed for bankruptcy because wages had not been paid and shops were no longer…
News30.04.2510.30 AM by Max Colbert The construction industry has the highest number of insolvencies across all recorded sectors in England and Wales, a trend which has continued across the past decade. Picture: Alamy Sharelines Construction sector in England and Wales most affected by company insolvencies #UKhousing The construction industry has the highest number of insolvencies across…
In a landmark judgment, the Bombay High Court in Nagpur has clarified that a company undergoing insolvency cannot shirk its statutory obligations towards employees. The Court directed Dalmia Cement (Bharat) to settle over Rs 25 crore in outstanding Employees’ Provident Fund (EPF) dues owed to workers of Murli Industries, a company it had acquired through…
The Star exits Brisbane casino and doubles down on Gold Coast as $940m debt rescue under way Business News Australia Read the original article here
African Diplomats Push UK to Support Debt Restructuring Bill Africa.com Read the original article here
Bruno Mars is headed back to the Vegas Strip with even more shows lined up for his Park MGM residency. The Grammy-winning artist has just announced nine new dates at the Dolby Live theatre: 22, 23, 26, 27, 30, and 31 August, and 3, 5, and 6 September. The singer-songwriter behind 24K Magic and Uptown…
Environmental group puts in symbolic £1 bid as UK licences auctioned off Greenpeace UK lawyers have written to the UK government to express serious concern about its lack of control over two deep sea mining exploration licences that it sponsors via UK Seabed Resources (UKSRL). UKSRL’s parent company, Loke Marine Minerals AS, recently declared bankruptcy…