Companies Thursday, November 1, 2018 8:26 By GALGALLO FAYO Technicians relocate power transmission cables. FILE PHOTO | NMG Local operators of global technology firm Siemens AG, which is building 1,000km high voltage direct current lines between Ethiopia and Kenya, is seeking the courts protection to stop a firm that is threatening to file an insolvency…
By GALGALLO FAYOMore by this Author Local operators of global technology firm Siemens AG, which is building 1,000km high voltage direct current lines between Ethiopia and Kenya, is seeking the courts protection to stop a firm that is threatening to file an insolvency petition over a disputed bill. Siemens says in court filings it is…
KUALA LUMPUR, Malaysia U.S. authorities have charged a fugitive Malaysian financier and two former Goldman Sachs bankers in a money laundering and bribery scheme that allegedly pilfered billions from Malaysian state investment fund 1MDB. The corruption scandal involving the fund had already upended politics in the country. Prime Minister Najib Razak, who set up the…
By Associated Press, KUALA LUMPUR, Malaysia U.S. authorities have charged a fugitive Malaysian financier and two former Goldman Sachs bankers in a money laundering and bribery scheme that allegedly pilfered billions from Malaysian state investment fund 1MDB. The corruption scandal involving the fund had already upended politics in the country. Prime Minister Najib…
Beyond Vision Media Ltd (BVM), becomes the fourth of a group of connected companies to be shut down in the public interest. BVM, a Manchester-based company and its sister companies, all sold customers services to improve their online business profiles, all, to little or no commercial benefit. All four companies have been wound up following…
The Dutch Safety Board is launching an investigation into the way in which patient safety was handled after MC Slotervaart in Amsterdam and the MC IJsselmeer hospitals in Lelystad and surroundings were declared bankrupt last week. The Safety Board wants to examine how the interests of the patients were weighed before and during the bankruptcy…
Up to 800 retail jobs are at risk as butchery chain Crawshaw Group collapses into administration and Mothercare cuts head office job amid tough times on the UK high street. Up to 54 stores employing 600 people could close if a buyer for Crawshaw Group cannot be found. The Yorkshire-based company, which was founded in…
14% rise in company insolvency rate over the last quarter in Northern Ireland BelfastTelegraph.co.uk There was a 14% increase in the number of companies here entering insolvency between July and September this year, new figures have shown. https://www.belfasttelegraph.co.uk/business/northern-ireland/14-rise-in-company-insolvency-rate-over-the-last-quarter-in-northern-ireland-37475248.html https://www.belfasttelegraph.co.uk/business/northern-ireland/article37475247.ece/09a17/AUTOCROP/h342/2018-10-31_bus_45346421_I1.JPG Email There was a 14% increase in the number of companies here entering insolvency between July…
A staggering one in three SME operators are fearful of falling into insolvency in the near future, amid suggestions that many small businesses are failing to support each other. Launching its annual Shop Small campaign promoting the value of supporting small business, American Express released new researchthat suggested one-third of business operators fear going to…
Cianan Brennan The number of PIAs increased by 65 per cent compared with the same period last yearGETTY IMAGES The number of people accessing personal insolvency arrangements in Ireland has increased by nearly two thirds over the past year. A total of 771 new insolvency applications were recorded by the Insolvency Service of Ireland (ISI)…