Insolvency Guardian Media Centre
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Media firms hit by major collapse news.com.au
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Battling Glory faces tax liquidation push The West Australian
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An independent proxy adviser has warned shareholders at boohoo of the “obvious risks” presented by Frasers Group to the company.
Frasers, which owns 27% of boohoo’s shares, is seeking the appointment of its CEO Mike Ashley and Mike Lennon to the company’s board of directors alongside the removal of executive chairman and co-founder Mahmud Kamani.
However, Institutional Shareholder Services, an adviser to boohoo, has urged shareholders to reject Frasers’ proposals at a general meeting on 20th December.
The recommendations of proxy advisers can be crucial to the decisions taken by institutional investors in listed companies.
“Frasers has offered a superficial view of performance and no specific plans for…
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How Abengoa Group impacted the Spanish economy EY
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The World Bank’s 2024 report, “Poverty, Prosperity and Planet,” presents a sobering forecast for global poverty reduction efforts. At the current rate, lifting half of the world’s population out of poverty could take over a century. This projection underscores the urgent need for effective international development strategies to address global poverty reduction challenges.
The report reveals that nearly 40% of the global population lives below $6.85 a day, with recent economic setbacks worsening this outlook. Limited access to education, job opportunities and resources creates significant barriers to economic advancement for many individuals, hindering global poverty reduction progress.
Global Poverty Reduction:…
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NEW DELHI, Dec 9 — Indian police used tear gas and pepper spray on Friday to stop dozens of farmers who were trying to reach Delhi from the northern breadbasket state of Punjab to press a series of demands.
Here is a look at why farmers are marching to the capital again.
What are farmers demanding?
Farmers are seeking legally-backed guarantees of more state support or a minimum purchase price for crops.
Prime Minister Narendra Modi’s government, following a year-long protest, repealed some farm reform laws in 2021 and committed to setting up a panel to find ways to ensure support prices for all produce. Farmers now accuse the government of going slow on that commitment.
Protesters also want the…
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Located in Basildon, Home Drainage Protection Service Ltd ‘bombarded’ pensioners and people suffering from medical conditions with up to 20 calls a day, allegedly using ‘abusive’ language and ‘threatening to call the police or bailiffs’ if the call receiver did not sign up to their proposals.
The company claimed to provide replacements and repairs to plumbing and drainage as well as protection plans for items such as satellite equipment and household appliances.
Insolvency Service investigations found no evidence that such cover was ever provided to customers.
Home Drainage Protection Service was seen at the High Court in London on Tuesday, December 3.
The firm also made unexplained payments, allegedly…