The threat of the State-owned Bus Éireann becoming insolvent within the next 18 months is very real, its new acting chief executive has told staff. Ray Hernan also said it was clear the loss-making company had to change its business model. However, he insisted that the Expressway service, the companys commercial inter-city coach service which…
The National Bank of Ukraine started the New Year by closing another bank, declaring Platinum Bank insolvent on Jan. 10. At one time it was Ukraines 22nd largest bank in assets. The central bank reported that Platinum Bank had failed to meet recapitalization requirements reached in June. The Deposit Guarantee Fund is obliged to pay…
Bus Éireann’s Acting Chief Executive Ray Hernan has told staff that the threat of insolvency within the next 18 months is very real, but that the loss-making Expressway service will continue to be a part of the organisation. A report commissioned by Grant Thornton had recommended that Expressway be shut down, which could result in…
Independent senator Rod Culleton has lost his spot in the Senate after he was declared bankrupt by a Federal Court judge. Senate president Stephen Parry has informed Mr Culleton and WA governor Kerry Sanderson there is a vacancy because the former One Nation member has been disqualified from the position as he is an “undischarged…
2017-01-11T11:37+02:00 11:37 11.01.2017 The Board of the National Bank of Ukraine (NBU) on January 10 issued decision No. 14-rsh/BT on placing the PJSC Platinum Bank (Kyiv) on the list of insolvent banks, the NBU said in a statement on its website on Wednesday. “As of January 1, 2017, the bank did not reach the positive…
Nathan Saunders had tried to kill himself three times before he was hit by train 20-year-old with five siblings worked in O2 shop and was a ‘bit of a party animal’ But he also had a history of gambling debts and was fatally struck last August Cheshire Coroner ruled he died from multiple injuries after taking…
The Board of the National Bank of Ukraine (NBU) on Jan. 10 issued decision No. 14-rsh/BT on placing the PJSC Platinum Bank (Kyiv) on the list of insolvent banks, the NBU said in a statement on its website on Jan. 11. As of January 1, 2017, the bank did not reach the positive value of…
Former One Nation Senator Rod Culleton has been formally disaqualified from holding a senate seat. In a statement released on Wednesday, Senate President Stephen Parry confirmed there was now a senate vacancy. “Having received the necessary documentation of the facts from relevant officials, I have informed Senator Culleton and notified the Governor of Western Australia…
Care home operators, trade unions and charities have been telling Theresa May for months that the care home industry is in crisis and needs help. Last week, May got her sternest warning yet the chairs of three influential Commons committees urged the prime minister to deal with the immense challenge of paying for health and social care in the…
Independent senator Rod Culleton has lost his spot in the Senate after he was declared bankrupt by a Federal Court judge. Senate president Stephen Parry has informed Mr Culleton and WA Governor Kerry Sanderson that there is a vacancy because the former One Nation member has been disqualified from the position as he is an…