DETROIT (Reuters) — General Motors Co President Dan Ammann said on Monday the automaker’s troubled South Korean operations can be a “sustainable, profitable business,” if unions and the South Korean government agree quickly on a restructuring. GM has warned Korean officials the unit faces a “cash crisis” in the first quarter without new funding. Nearly…
As part of the restructuring, CEO Patrick Coveney is to take a direct role in the strategic, organisational and commercial leadership of Greencore US. Earnings per share at Greencore for the year are now expected to be between 14.7p-15.7p, with approximately two thirds of that contribution delivered in the second half of the year. This…
FILE PHOTO – GM’s Amman speaks at press conference at the North American International Auto Show in Detroit Thomson Reuters By Joseph White DETROIT (Reuters) – General Motors Co President Dan Ammann said on Monday the automaker’s troubled South Korean operations can be a “sustainable, profitable business,” if unions and the South Korean government agree…
Related Articles DETROIT: General Motors President Dan Ammann said on Monday the automakers troubled South Korean operations can be a sustainable, profitable business, if unions and the South Korean government agree quickly on a restructuring.GM has warned Korean officials the unit faces a cash crisis in the first quarter without new funding. Nearly 2 trillion…
FILE PHOTO – GM’s Amman speaks at press conference at the North American International Auto Show in Detroit Thomson Reuters By Joseph White DETROIT (Reuters) – General Motors Co President Dan Ammann said on Monday the automaker’s troubled South Korean operations can be a “sustainable, profitable business,” if unions and the South Korean government agree…
DETROIT (Reuters) – General Motors Co (GM.N) President Dan Ammann said on Monday the automakers troubled South Korean operations can be asustainable, profitable business, if unions and the South Korean government agree quickly on a restructuring. FILE PHOTO – General Motors President Dan Ammann speaks during GM’s press conference at the North American International Auto…
Sven Lindell, Temple & Webster To amalgamate three brands into one, while simultaneously streamlining costs and improving profitability and customer satisfaction and brand recognition, is no mean feat. However, this is exactly what Temple & Webster has achieved in two short years. 2017 half-yearly results show the recently floated retail brand improved its net loss…
“We are thrilled to welcome such an accomplished restructuring lawyer to Latham,” said Bill Voge, Chair and Managing Partner of Latham & Watkins. “George’s capabilities are strategically aligned to the current and future needs of our clients. His presence will be a tremendous asset to our bankruptcy practice.” Davis has handled matters across multiple industries…
NEW YORK, March 12, 2018 /PRNewswire/ — Latham & Watkins LLP1 is pleased to announce George Davis has joined the firm’s New York office and will serve as Global Co-Chair of the Restructuring, Insolvency & Workouts Practice within the Finance Department. Davis has an extensive track record advising public and private companies around the world on…
CommBank, NAB and Westpac are offering a range of emergency assistance measures for affected customers. Three of the four major banks have announced relief packages for customers affected by flooding in Northern Queensland. The measures, available to both individuals and businesses, include emergency accommodation assistance, loan restructuring, waiving loan fees and other measures. Find out…