Reactiv Media was fined for ‘bombarding’ people with nuisance calls Tony Abbott, 44, has filed petition to wind up Yorkshire-based company He recently bought a 25-room mansion in Surrey and is expected to get married in a £100,000 ceremony at The Savoy later this month By Emily Chan For Mailonline Published: 20:54 EST, 17 April…
Video will begin in 5 seconds. More video Recommended Replay video Roar break Victory hearts with last-minute winner Thomas Broich comes good to keep Brisbane Roar in the A-League finals and send Melbourne Victory crashing out. PT1M30S 620 349 Do Brisbane Roar know how big they could be, or should be? Having survived another epic…
German prosecutors filed a raft of charges against four members of the wealthy Schlecker family on Thursday, accusing them of pulling valuable assets out of their namesake drugstore chain and hiding them from shareholders before the company went bust in 2012. The prosecutors, based in Stuttgart, have leveled 36 counts of embezzlement,…
Monarch Airlines is eyeing up a number of struggling European rivals as its owners weigh ambitious growth plans for the low-cost carrier. It is understood the airline has shortlisted a handful of potential takeover candidates on the Continent, as part of a wide-ranging strategic review undertaken by Greybull, the investment firm that saved it from…
The problem of large-scale non-performing assets, or NPAs, in the banking sector is at the forefront of the policy debate. Kingfisher Airlines has been in the headlines, as has been the Supreme Court’s request for a list of willful defaulters. There is hope that the proposed Indian Bankruptcy Code (IBC) will solve some…
Questioning the “business model” of long-grounded Kingfisher Airlines for Vijay Mallya’s mounting woes, Finance Minister Arun Jaitley has said the airline sector as such is doing well in India with many carriers making good profits. Mallya, the owner of Kingfisher Airlines and many other companies that owe over Rs 9,000 crore of dues to lenders,…
Share 2,045 Tweet Comment Peabody Energy, the worlds largest privately-owned coal company, announced Wednesday that it has filed for Chapter 11 bankruptcy, following a significant downturn in the coal market that left the company saddled with debt. Peabody, which is headquartered in Missouri, maintained that its mines and offices would remain open, and that its…
Comments AA When it comes to shareholder activism, much attention has been paid to the long side of things – well-known folks like Carl Icahn and Nelson Peltz who take stakes in companies and agitate for changes they feel will unlock hidden value. But how are the shorts doing? These are the investors who make…
When it comes to shareholder activism, much attention has been paid to the long side of things — well-known folks like Carl Icahn and Nelson Peltz who take stakes in companies and agitate for changes they feel will unlock hidden value. But how are the shorts doing? These are the investors who make bearish bets on stocks and…
Arrium’s administrator says he has been overwhelmed by offers of support for the Whyalla steelworks. Photo: Brendan Esposito Some of Australia’s construction heavyweights including John Holland, Lendlease and billionaire Harry Triguboff’s Meriton Apartments have all pledged to buy more structural steel from Arrium to help the collapsed steelmaker. The administrator of Arrium, Mark Mentha, said on…