BRIEF-Business-Intelligence of Oriental Nations halts asset restructuring plan – Reuters

May 22 Business-intelligence Of Oriental Nations Corp Ltd * Says it halts asset restructuring plan Source text in Chinese: bit.ly/2qb0vs0 Further company coverage: (Reporting by Hong Kong newsroom) ‘); $(‘.second-article-divide’).append($(‘.slider.slider-module’)); $(‘.third-article-divide’).append(‘ Also In Technology, Media and Telecommunications ‘); var median = (relatedItemsTotal / 2); var $relatedContentGroupOne = $(‘.related-content.group-one ul’); var $relatedContentGroupTwo = $(‘.related-content.group-two ul’); $.each($relatedItems,…

BRIEF-Business-Intelligence of Oriental Nations halts asset restructuring plan – Reuters

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Keeping pace with global trends in debt restructuring: Indonesia must act – Jakarta Post

In the past year, the global corporate default rate reached its highest level since the 2008 financial crisis, and continues to climb. In response, both Singapore and the European Union are exploring new approaches to debt restructuring inspired by Chapter 11 of the United States Bankruptcy Code, which has successfully revived corporations like Chrysler and…

General Motors Restructuring International Markets To Strengthen Global Business – Automoblog.net (blog)

General Motors has announced key restructuring actions for its international business to increase overall financial health. The move comes as GM is looking to focus capital and resources on opportunities expected to yield higher returns, according to a press release from the automaker. As the industry continues to change, we are transforming our business, establishing…

RP-Sanjiv Goenka Group to restructure CESC, company to split into four – Firstpost

Power utility CESC Ltd, a flagship company of RP-Sanjiv Goenka Group, on Thursday announced a business restructuring scheme based on demerger of certain existing businesses. “This (the restructuring scheme) will lead to four entities focusing on generation, distribution, organised retail and other ventures,” Group Chairman Sanjiv Goenka said. All four entities will be listed with…