Gregory Meyer in New York February 14, 2018 Bunge has revealed an exceptionally weak finish to 2017, with results that will intensify questions over the future of the 200-year-old global agricultural trading house as an independent company. It buys crops from farmers for processing into ingredients and feeds, or for bulk shipment to customers around…
Gregory Meyer in New York February 14, 2018 Bunge has revealed an exceptionally weak finish to 2017, results that will intensify questions over the future of the 200-year-old global agricultural trading house as an independent company. New York-listed Bunge on Wednesday reported a loss of $60m, or 48 cents per share, in the fourth quarter,…
Wed, Feb 14, 2018 – 6:41 PM THE board of travel website Asiatravel.com announced it is taking steps to streamline the group’s business and focus on profitability after undertaking a “comprehensive review” of its various businesses. The group announced – after the market had closed – that it will undertake a restructuring exercise to divest,…
MUMBAI, INDIA, Feb. 13, 2018 (GLOBE NEWSWIRE) — Aurionpro Solutions Ltd (NSE:AURIONPRO) (BSE:532668), a leading provider of technology solutions for Banking, Digital Innovation and Cybersecurity, today announced its consolidated financial results for the third quarter and nine months ended December 31, 2017. Q3 FY17-18 Financial Highlights Key highlights for the Q3 of FY17-18 are: Total…
Ulster Bank drawn into scandal of RBS restructuring unit Peter ODwyer, Senior Ireland Business Reporter Of more than 2,000 Irish customers transferred to the RBS Group restructuring unit only about 100 survivedAIDAN CRAWLEY/GETTY The Central Bank is facing new calls to investigate Ulster Banks controversial business restructuring unit after a leaked report criticised its parent…
General Motors Co said it will close one of its four plants in South Korea and incur an $850-million (£630.9 million) impairment charge as part of a restructuring of its money-losing business in Asia’s fourth-biggest economy. The U.S. auto maker said it would decide the future of its remaining South Korean operations within weeks, and…
General Motors Company (NYSE:GM) will close one of its four plants in South Korea and take an $850 million impairment charge as it restructures its money-losing business in the country. GM stock has lost just under 1% so far this month as the S&P 500 Index dropped almost 6%. GM has been aggressively addressing underperforming businesses globally,…
DETROIT/SEOUL (Reuters) – General Motors Co said it will close one of its four plants in South Korea and incur an $850 million impairment charge as part of a restructuring of its money-losing business in Asias fourth-biggest economy. The U.S. automaker said it would decide the future of its remaining South Korean operations within weeks,…
By Joseph White and Ju-min Park GM will shut a South Korean plant, more cuts could follow DETROIT/SEOUL (Reuters) – General Motors Co said it will close one of its four plants in South Korea and incur an $850 million impairment charge as part of a restructuring of its money-losing business in Asia’s fourth-biggest economy.…
General Motors said it will close one of its four plants in South Korea and incur an $850 million impairment charge as part of a restructuring of its money-losing business in Asia’s fourth-biggest economy. The U.S. automaker said it would decide the future of its remaining South Korean operations within weeks, amid ongoing talks with…