M&C Saatchi posts one-off £6.4m accounting charge

·

·

M&C Saatchi posts one-off £6.4m accounting charge

Adverting giant M&C Saatchi has revealed accounting issues first identified by external auditor KPMG have forced the company to take a one-off
See Original Article

Thomas Cook shares plunge after firm seeks £150m from investors

Shares in Thomas Cook have slumped after the troubled travel operator said it was seeking to raise another £150m from investors – after already asking for £750m – to stave off a Christmas cash crunch. Thomas Cook said it was in advanced discussions with …
See Original Article

S&P reaffirms B rating for Tata Motors, keeps outlook 'negative' on high cash burn at JLR

Global rating agency S&P has reaffirmed Tata Motors’ long-term issuer and issue credit ratings to “B+” and kept the outlook negative due to high cash burn at its British arm Jaguar Land Rover and geopolitical risks. “The negative outlook reflects Tata Motors’ …
See Original Article

World's biggest milk exporter hurt by turmoil in Venezuela and China's slowdown

Hong Kong (CNN Business) The world’s largest dairy exporter says it expects to lose nearly half a billion dollars this year, and won’t pay its shareholders a dividend. Fonterra, which is based in New Zealand, attributed the anticipated record loss to problems …
See Original Article

'Cheap', 'exploitative': Woolworths, Coles cop backlash for plastic collectables

Woolworths’ toy collectables, ‘Ooshies’, has had a fair share of the spotlight in Australian news recently, not least for the price tag on some eye-wateringly expensive Ooshies. And before that, it was Coles’ ‘Little Shoppers’ promotion that gripped Aussie …
See Original Article



Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.