Tag Archives: companies

China’s central bank chief urges Beijing to promote equity, cut debt, eliminate ‘zombie’ companies

China’s central bank boss spelled out his strategy to prevent a future financial crisis, urging broadened equity funding and direct finance to reduce corporate leverage and eliminate “zombie” companies, official media reported on Saturday. Zhou Xiaochuan, Governor of People’s Bank of China, said that the market should play a “decisive role” in allocating financial resources, but also stressed the importance of stronger ... Read More »

Zombie companies haunt the Canadian economy

e Toronto Stock Exchange and TSX Venture Exchange that he said collectively had negative working capital of $2-billion. Mr. Simon followed up by identifying an additional 512 non-mining companies that together were in the hole – having negative working capital – of an additional $2.1-billion. Zombies haunt the Canadian economy because they drain resources from productive firms, says Glen Hodgson, ... Read More »

Small Firms, How Will Merger of These Two Giant Trucking Companies Affect You?

Two of the nation’s largest trucking companies announced plans to merge Monday, creating a trucking behemoth worth more than $5 billion. Swift and Knight Transportation Merge Swift Transportation and Knight Transportation announced an all-stock transaction that will merge the two trucking companies with Swift shareholders owning 54 percent, and Knight holders owning the remaining 46 percent, according to the Wall Street Journal. ... Read More »

10 Ways Faith Based Companies Can Seek a Higher Calling

Despite secularism growing in America, with research showing there are around five million fewer Christians across the United States than there were in 2007, faith-based companies continue to thrive. In fact, a study conducted in 2013 indicated that entrepreneurs in the United States meditate more frequently than non-entrepreneurs.  The United States has a rich history of business owners operating their companies in line with ... Read More »

Lessons From Entrepreneurs Who Built Multi-Million Dollar Companies

  Across every line of business, there are hundreds of quiet multi-million dollar companies that stay out of the limelight and serve their customer bases with dedication. They may not be as well-known as Jeff Bezos, Elon Musk, or Peter Thiel, but they have lessons to impart nonetheless. These entrepreneurs are smart, resilient types who aren’t afraid of the hard ... Read More »

10 of the worst companies to work for in the UK – according to their employees

JD Sports employees rated the sportswear brand just 2.6/5 for job satisfaction  CREDIT:NICK ANSELL/PA WIRE The Financial Ombudsman, Laura Ashley and Ladbrokes are some of the worst companies to work for in the UK, according to employee ratings on the job site Glassdoor. The website holds a database of millions of company reviews curated by those who know the company best — their employees. The ... Read More »

GST Registrations For Ecommerce, New Companies To Begin On June 25

New Delhi: Ecommerce operators and TDS deductors will be able to register with GST Network beginning June 25, when the portal re-opens for fresh registration. Also, existing excise, service tax and VAT assessees will get another chance to migrate to the GSTN portal as registration for them too opens on Sunday next and will remain open for three months. The ... Read More »

Chesterfield companies merge to create £75m-turnover business

STOCK PICTURE. Two companies with factories in Chesterfield borough have merged to create a £75million-turnover firm with 570 staff. AVK has acquired a majority share in Fusion Group Ltd for an undisclosed sum. The companies – which make components for the water and gas industry – will continue to operate as separate businesses. Part of AVK is the well-known Donkin ... Read More »

Top UK companies consider pay scheme shake-up in response to backlash over huge executive bonuses

One in 10 top UK companies are considering scrapping so-called long-term incentive plans, which have unleashed sweeping waves of criticism for awarding top executives huge pay checks. According to the Financial Times, a shift towards a simpler, share-based bonus system could reduce the divide between the highly-paid chief executives and other workers within companies. Tobacco giant Imperial Brands scraps chief ... Read More »

China likely to allow companies to issue shares in Frankfurt this year – bourse

Chinese companies will likely be allowed to sell their shares in Germany via issuing so-called “D shares” as soon as this year, in a move that will help them raise their profile in Europe, the Shanghai Stock Exchange (SSE) said. The plan to launch D shares – Frankfurt-traded shares sold by China-registered firms – is being studied by the Frankfurt-based ... Read More »