Commissioner Margrethe Vestager, in charge of competition policy, stated: “Following the economic difficulties of Oltchim and the cancellation of public debts owed by the company, we need to verify whether a private creditor would have accepted to act in the same way. Thanks to its recent reorganisation, Oltchim’s financial situation has improved and Romania hopes…
Swansea City are set for major investment from the US as part of a shock takeover deal . It comes after months of secret top-level talks and will potentially see Swansea compete on another level after establishing themselves in the Premier League. WalesOnline broke the sensational story tonight and now Football Correspondent CHRIS WATHAN provides…
Louise Blouin has been called one of the richest women in Canada in the upper half of the countrys one per cent. You have likely never heard her name. But over the past 15 years, the Montreal native rose to the pinnacles of the international art publishing world, building an empire that included five secretive…
zoom Louise Blouin has been called one of the richest women in Canada in the upper half of the countrys one per cent. You have likely never heard her name. But over the past 15 years, the Montreal native rose to the pinnacles of the international art publishing world, building an empire that included five…
THE EUROPEAN COMMISSION has sent a warning regarding the course of debt restructuring in the Cypriot banking system, saying that efforts to restructure non-performing exposures have not yet shown tangible results. Financial institutions have stepped up their debt restructuring efforts, but the results have been mixed so far, the Commission report said, adding that the…
By Ruth Sunderland for the Daily Mail Published: 08:17 EST, 9 April 2016 | Updated: 10:43 EST, 9 April 2016 23 View comments Anthea Turner and Grant Bovey wed in 2000 after he left his wife for the breakfast TV presenter Even before the camera zooms in on Anthea Turner, the perky tone of a…
BILL, a sales executive, is currently financing a car loan and has a credit card, which he uses frequently on shopping and dining. Recently, he decided to buy an apartment. However, his application for a housing loan was rejected by the bank but he was not informed as to why he was not entitled. Bill…
4D Pharma announced a major acquisition on Friday, gobbling up the production assets of Spanish-based contract research organisation Biomar. The AIM-traded pharmaceutical company, which focuses on the development of live biotherapeutics, said Biomar had been working as an outsourced development partner since 2014. Plant Health Care reported on a year of growth on Friday, with…
Solar system. Author: Oregon Department of Transportation. License: Creative Commons, Attribution 2.0 Generic. April 8 (SeeNews) – Christoph Niering has been appointed as preliminary insolvency administrator for German company Abakus Solar AG and its operation and maintenance (O&M) unit Abakus Solar Service GmbH. The company applied in the court of Essen for the start of…
It never fails to amaze me how companies can hand out millions in bonuses to executives whose bad decisions led to bankruptcy then either lay off the workers who made them profitable or take away their pensions and benefits. Because it happens so often, and in so many industries, Americans generally respond with complacency not…