A court in Alessandria in northern Italy threw out a rescue plan for the legendary company and put it into administration, Elio Bricola from the UIL labour union told AFP.
He said that while “it is likely industrial activity will continue” for now, “employees are angry and worried about their future”. Michael Jackson loved Borsalino hats, trend-setting music star Pharrell Williams is a contemporary fan and David Bowie opted for on…
Read the full article at: https://www.thelocal.it/20171219/italian-hatmaker-to-the-stars-borsalino-declared-bankrupt
A British psychiatrist has withdrawn his application for a crucial mental health role at Cairns Hospital, Queensland’s health minister has confirmed.
News Corp Australia reported that Richard Wayne Seamark was in the running for the $400,000 role of clinical director of mental health, despite his work history revealing he was banned as a company director for seven years in the UK.
Dr Seamark’s time running a health service in the UK had led to multiple complaints including an allegation of “locking one patient in their room for several weeks”, the Courier Mail said.
It’s reported Dr Seamark arrived in Queensland in March after his company went into voluntary liquidation.
Health Minister Steven Miles says Dr Seamark’s application was su…
Read the full article at: https://www.sbs.com.au/news/uk-doctor-withdraws-qld-job-application
Chennai, Dec 19:
The National Company Law Tribunal will hear China Development Bank and Ericsson’s insolvency petitions against Reliance Communications on January 5.
Earlier last month, China Development Bank had filed an insolvency case against the telecom company. CDB, a lender to RCom, has filed the suit with the National Company Law Tribunal (NCLT) in Mumbai under the Insolvency and Bankruptcy Code (IBC).
RCom, which is reeling under a 45,000-crore debt, owes about 7,500 crore to CDB. With interest, this increases to about 9,000 crore. This makes CDB the first lender to file insolvency proceedings against billionaire Anil Ambani-controlled RCom.
In September this year, Ericsson had filed an insolvency pe…
Read the full article at: http://www.thehindubusinessline.com/info-tech/nclt-to-hear-insolvency-petitions-against-rcom-on-jan-5/article9996188.ece
MILAN (AFP) – Famed Italian hatmaker Borsalino, the company behind Humphrey Bogart’s fedora in Casablanca and Harrison Ford’s lucky headgear in the Indiana Jones movies, was declared bankrupt on Monday, a trade union said.
A court in Alessandria in northern Italy threw out a rescue plan for the legendary company and put it into administration, Mr Elio Bricola from the UIL labour union said.
He added that while “it is likely industrial activity will continue” for now, “employees are angry and worried about their future”.
Michael Jackson loved Borsalino hats, music star Pharrell Williams is a contemporary fan and David Bowie opted for one of its black fedoras for what was to prove his final photo shoot.
The 1970 French gang…
Read the full article at: http://www.straitstimes.com/lifestyle/entertainment/borsalino-whose-hats-were-worn-by-michael-jackson-declared-bankrupt
The master-feeder business structure innovation fund will be launched in the first half of next year to change the corporate restructuring frame from the government-centered to market-centered. Based on this, more than 1 trillion won (US$918.7 million) of venture capital will be injected into the restructuring market to encourage companies to show an innovative growth.
The Financial Services Commission announced that eight banks Korea Development Bank, Industrial Bank of Korea (IBK), Export-Import Bank of Korea, Woori Bank, Nonghyup Bank, KEB Hana Bank, Kookmin Bank and Shinhan Bank , Korea Asset Management Corporation and K-Growth signed a memorandum of understanding on December 18 to invest 500 billion won (US$459.35 million) in the …
Read the full article at: http://www.businesskorea.co.kr/english/news/industry/20120-change-restructuring-frame-‘corporate-structure-innovation-fund’-worth-1