Collapsed Aussie fashion giant unable to pay $25 million court fine
Although liquidators have uncovered potential insolvent trading and breaches of director duties, the claims have gone unpursued in the absence of funding.
I left LA tech to try Bangkok fashion. It helped me escape the hustle.
In California, it felt like people believed tech could solve anything. Sutasit Srivisarvacha didn’t see it that way and moved back to Bangkok.
Golden handshake: Jayne Hrdlicka’s $50m Virgin Australia bonanza
Alan Joyce’s former Qantas lieutenant Jayne Hrdlicka has departed Virgin Australia in style with a payout that dwarves her former boss’s controversial exit package.
Rebound Anticipated For Malaysia Stock Market
(RTTNews) – The Malaysia stock market on Thursday ended the three-day winning streak in which it had collected more than a dozen points or 0.8 percent. The Kuala Lumpur Composite Index now sits just above the 1,580-point plateau although it may bounce higher again on Friday.
China’s bull run tests Beijing as it aims to guide US$12 trillion stock market
Stunning gains in Chinese stocks are testing regulators’ ability to manage the ascent, as Beijing seeks to fulfil its long-standing goal of positioning the nation’s US$12 trillion equity market as a steady source of household income that can support consumer spending and economic growth.
As the property market remains in the doldrums, eroding the wealth of Chinese investors who are sitting on a record 160 trillion yuan (US$22.5 trillion) in bank savings, the stock market has become a focus of…
As the property market remains in the doldrums, eroding the wealth of Chinese investors who are sitting on a record 160 trillion yuan (US$22.5 trillion) in bank savings, the stock market has become a focus of…
Former Mars Inc. executive pleads guilty to stealing $28M from company
Paul Steed, 58, a former executive for Mars Inc., pleaded guilty to fraud and tax charges stemming from his theft of $28 million from the company.
Royalty Pharma Expects At Least Mid-teens Average Annual Total Shareholder Return Over 2025-2030.
(RTTNews) – Royalty Pharma plc (RPRX) Thursday said it will host an Investor Day today, where senior executives will provide updates on the company’s strategies aimed at driving shareholder value creation.
Klarna gives employees a rare chance to cash out their shares during the IPO window
Klarna gave employees a rare exemption from the typical six-month post-IPO lockup selling period by letting them cash out shares.
China backs Three Gorges megaproject, hot on heels of giant Tibet dam
China’s top economic planner has flagged a megaproject to expand shipping capacity on the Three Gorges, slated to span the coming five-year plan, while also calling for greater investment to drive strategic initiatives.
In a report submitted to the Standing Committee of the National People’s Congress on Wednesday, Zheng Shanjie, chairman of the National Development and Reform Commission (NDRC), underscored the need to push major infrastructure projects such as the new shipping channel on the…
In a report submitted to the Standing Committee of the National People’s Congress on Wednesday, Zheng Shanjie, chairman of the National Development and Reform Commission (NDRC), underscored the need to push major infrastructure projects such as the new shipping channel on the…
Heir to Barneys luxury empire served with explosive tax-fraud lawsuit at NYC book event: ‘Gene went crazy’
An heir to the fallen Barneys luxury empire got served with an explosive tax-fraud lawsuit from his estranged brother.