Oceania

Results for Oceania

VnC Cocktails, Makers Of Disick Drink, In Final Death Throes

New Zealand shake and pour cocktails company VnC Cocktails has gone into liquidation after failed attempts to sell it, Sharechat.co.nz reported. The company went into voluntary administration on June 30, was then tipped into receivership a few days later ...

Daily Headline - global.abi.org - 09/10/2014 - 21:46 - 0 comments

UN to Debate Debt Restructuring Reform

On Tuesday September 9 the United Nations General Assembly will meet to debate a new legal framework to serve as a guide for nations restructuring their debt, as is the current case with Argentina, teleSur reported. More than 130 developing countries hav ...

Daily Headline - global.abi.org - 09/08/2014 - 23:06 - 0 comments

Iron Ore Price Plunge Claims First Australian Casualty

Plunging iron ore prices have dealt their first blow in Australia, sending fledgling miner Western Desert Resources Ltd into administration after it failed to reach a deal with bankers over its debt, Reuters reported. Western Desert was caught out by a m ...

Daily Headline - global.abi.org - 09/08/2014 - 23:06 - 0 comments

Zip For Unsecured Postie Plus Creditors

Monday. The administrator has $1.6 million left and $6.2m is still owned to secured creditor BNZ. BNZ was ...

Daily Headline - global.abi.org - 09/07/2014 - 21:38 - 0 comments

Australia Targets Multinational Tax Avoidance

more than 1 billion Australian dollars (US$0.9 billion) a year in revenue. The crackdown follows ...

Daily Headline - global.abi.org - 09/04/2014 - 20:50 - 0 comments

Sovereign Debt Plan Takes On Holdouts

Bond market heavyweights, backed by Washington, have come up with a plan they say should avoid a repeat of the sovereign debt meltdown between Argentina and its holdout creditors, the Financial Times reported. The International Capital Market Associa ...

Daily Headline - global.abi.org - 09/02/2014 - 22:39 - 0 comments

New Framework For Sovereign Defaults

A group representing more than 400 of the world’s largest banks, investors and debt issuers has agreed a plan for dealing with financially stricken countries and their creditors, in a bid to prevent a repeat of the wrangling that has pushed Argentina int ...

Daily Headline - global.abi.org - 08/28/2014 - 21:36 - 0 comments

Qantas Posts Record Loss As Restructuring Costs Bite

Qantas Airways Ltd reported its biggest ever financial loss on Thursday after writing a hefty A$2.6 billion (1.45 billion pounds) off the value of its fleet due to a company restructure, Reuters ... financial loss on Thursday after writing a hefty A$2.6 billion (1.45 billion pounds) off the value of its ...

Daily Headline - global.abi.org - 08/27/2014 - 21:42 - 0 comments

Boss Of Failed Air Australia Returns To Travel Industry

The boss of failed airline Air Australia has returned to the travel sector in a senior management role despite being banned by the corporate regulator over conduct that critics claimed wreaked "havoc" in the industry, The Sydney Morning Heral ...

Daily Headline - global.abi.org - 08/24/2014 - 18:42 - 0 comments

Australian Unemployment Hits 12-Year High

Financial Times reported today. The seasonally adjusted unemployment rate unexpectedly jumped to 6.4 percent in July, from 6 per cent in June, reflecting an increase in the number of people looking for work ...

Daily Headline - abi_admin - 08/07/2014 - 14:07 - 0 comments

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