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Rise in sales tax as French PM Fillon warns bankruptcy no longer an abstract word
By RFI “Bankruptcy is no longer an abstract word” warned French Prime Minister Franois Fillon at the unveiling of a series of tough, new austerity measures aimed at clearing the country's budget deficit by 2016. He said the country's financial,
Updated: 11/07/2011 07:19A
PV manufacturer Photowatt France begins bankruptcy proceedings
On November 4th, 2011 Automation Tooling Systems Inc. (ATS, Cambridge, Canada) announced that its Photowatt International SAS (PWF, Bourgoin, France) subsidiary has initiated a preliminary process to file for bankruptcy, only days after announcing that
Updated: 11/07/2011 07:14A
ATS starts bankruptcy process at Photowatt France division
Canada's ATS Automation Tooling Systems has launched a bankruptcy process for its ailing PV unit Photowatt France (PWF). ATS says as required under French law, it will begin consulting with employees ahead of a filing for bankruptcy protection with the
Updated: 11/07/2011 07:14A
Five things you might not know about Tony Fenton
With debts of over 750k, Today FM DJ Tony Fenton yesterday announced, presumably with a voice as smooth as butter, that he's filing for bankruptcy. Here are five facts on the man himself. By Emmet Purcell Let's face it, Tony Fenton is about as cheesy
Updated: 11/07/2011 07:07A
Electric City Power meets tonight to weigh options in wake of SME's bankruptcy
The city power arm's wholesale power supplier, Southern Montana Electric Generation & Transmission Cooperative, has filed for Chapter 11 bankruptcy protection, seeking to reorganize as its liabilities exceeded its assets by more than $20 million.
Updated: 11/07/2011 07:05A
CME takes steps to limit MF Global fallout
(Reuters) — CME Group Inc. and IntercontinentalExchange Inc. moved over the weekend to limit the fallout from the MF Global Holdings Ltd bankruptcy on futures markets by lowering margin requirements on some accounts. The CME also asked brokers who have
Updated: 11/07/2011 07:03A
France to save 100 bn euros to balance budget by 2016: PM
Fillon said bankruptcy was "no longer an abstract word" for France and that the country's "financial, economic and social sovereignty" required "prolonged collective efforts and even some sacrifices." France's Prime Minister Francois Fillon leaves the
Updated: 11/07/2011 06:55A
Could Sony Be On The Road To Bankruptcy?
The company's game business sales, which include network service revenues, decreased year-on-year due to the strategic price reduction of PS3 hardware undertaken in August in advance of the year-end holiday selling season. The PS2 business as a whole
Updated: 11/07/2011 06:52A
Debt crisis: live
He will announce his resignation by asking Parliament to approve a new financial stability law. He has asked Fedele Confalonieri, a television mogul and member of the Italian Confederation of Industry, to join the cabinet.
Updated: 11/07/2011 06:29A
THE JUKE BOX
THE BOOK, WRITTEN BY BRUCE ALLEN KOPYTEK, TAKES THE JACOBSON NAME FROM BEGINNING IN REED CITY, MICHIGAN 1870 T0 2002 WHEN THEY FILED FOR BANKRUPTCY COURT. ALONMG THE WAY THERE ARE MANY GOOD TIMES WHEN THE JACOBSON NAME STOOD FOR QALITY AND OUTSTANDING
Updated: 11/07/2011 06:08A
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