The company declined to comment on the account provided by the source, who spoke on condition of anonymity due to the sensitivity of ongoing talks. Oi said in a securities filing late on Wednesday that its board had received a report from financial adviser LaPlace based on feedback from creditors and authorized its executives to move forward with talks about a possible debt-for-equity swap.
Author: Editor
Deutsche Bank chairman rules out pan-European merger -Frankfurter Allgemeine
Germany’s biggest lender last week announced a $7.2 billion settlement with the U.S. Department of Justice over its sale and pooling of toxic mortgage securities in the run-up to the 2008 financial crisis. “At the moment the fantasy for a pan-European merger is muted as we have other priorities,” Achleitner told the weekly newspaper in an interview published on Saturday.
US, Russian militaries sharing more information on Syria
Russian talks on their separate fights against the Islamic State group are becoming more productive and more frequent, American officials said, with both sides trading information in real time and even outlining some of their strategic objectives in the months ahead. The progress dispels the notion that ties between the former Cold War foes are “frozen.”
Cutting-edge blues rock from Bingley band 69 at Keighley’s Exchange
The trio 69 will again perform their blues rock originals and covers at the Exchange Arts Centre in Russell Street. The line-up for the January 28 gig includes Mick Jackson, the original bass player on Love Affair hits like Everlasting Love.
Press release distribution, EDGAR filing, XBRL, regulatory filings
The Indian Ophthalmoscope market is forecasted … The Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of The Allstate Corporation Investors and Encourages Investors to Contact the Firm )–The Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of The Allstate Corporation Investors and Encourages Investors to Cont… January 3 Deadline Alert: Law Offices of Howard G. Smith Reminds Supreme Industries Inc. Investors of Upcoming Lead Plaintiff Deadline and Encourage Investors to Contact the Firm )–January 3 Deadline Alert: Law Offices of Howard G. Smith Reminds Supreme Industries Inc. Investors of Upcoming Lead Plaintiff Deadline and Encourage Investors to Con… The Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of Exxon Mobil Corporation Investors and Encourages … (more)
Berlin Christmas market: 12 dead, 48 hospitalized in truck crash
A truck ran into a Christmas market Monday, December 19, 2016 evening in a major public square in Berlin, killing nine people and injuring at least 50 others, police said. A truck ran into a Christmas market Monday, December 19, 2016 evening in a major public square in Berlin, killing nine people and injuring at least 50 others, police said.
Trudeau says new border preclearance rules will better protect Canadians
Prime Minister Justin Trudeau defended his government’s proposed legislation to expand border preclearance at Canadian airports and other crossings Wednesday as the opposition New Democrats pushed to stop the bill in its tracks. The NDP argued the bill doesn’t take into account what it called “the climate of uncertainty at the border” created by the Trump administration’s recently adopted immigration policies.
Israel cuts $6 million in U.N. funding over settlements resolution
Israel said on Friday it would cut $6 million in funding to the United Nations in 2017 in protest against a U.N. Security Council resolution that demanded an end to Israeli settlement building on land Palestinians want for an independent state. The United States abstained from the Dec. 23 vote, allowing the 15-member Security Council to adopt the resolution with 14 votes in favor.
80 rhinos on the way – but first a detour
We all deserve a little pampering occasionally, as a way to relax and rejuvenate. A Rhinoceros in residence at Mogo Zoo on the New South Wales south coast was no exception on Tuesday, January 10, soaking up the attention during bath-time.
NATO says it sees sharp rise in Russian disinformation since Crimea seizure
NATO accused Russia of escalating a disinformation campaign since the Kremlin’s 2014 seizure of Ukraine’s Crimea region, saying Russian websites such as Sputnik and RT had posted false stories, the alliance’s spokeswoman said on Saturday. There is increasing concern among senior NATO and European Union officials over Russia’s ability to use television and the Internet to spread what they say is fake news.
Oil sold out of tanker storage in Asia as market slowly tightens
Traders are selling oil held in tankers anchored off Malaysia, Singapore and Indonesia in a sign that the production cut led by OPEC is starting to have the desired effect of drawing down bloated inventories. Yet in the short-term, the crude released from tankers will weigh on markets and possibly undermine OPEC’s goal of achieving a balanced market by mid-2017.
‘Hell on Earth’ heat is coming
This severe weather video update provides information on Thunderstorms across SE Australia and Heatwave in QLD. Video is current at 4pm AEDT 19 Jan, 2017 The heat map shows the extreme inland temperatures that will make their way the coastlines over the next few days.
Anne Levy talks Holocaust survival at East Bank library
As Anne Levy spoke, tears flowed, some audience members were stunned to silence and, at other moments, laughter rippled in the Jefferson Room of the East Bank Regional Library. More than 140 people packed the room to hear Levy, a Holocaust survivor, talk about about her childhood experiences in the Warsaw Ghetto during World War II.
Caroline Kennedy leaves Japan after 3 years as US ambassador
In this Feb. 12, 2014, file photo, U.S. Ambassador to Japan Caroline Kennedy, left, shakes hands with Okinawa Gov. Hirokazu Nakaima after she handed a copy of visa application form of her father President John F. Kennedy, which was issued when he visited Japan, at Okinawa Prefectural Government in Naha, Okinawa.
Weatherman Jim Steele gives last forecast
Meteorologist Jim Steele packs up boxes in his office Wednesday as he prepares for his retirement after 40 years. Steele’s last day is Friday.
The Tile Oracle: Using marble tile in a bathroom
Q. Should we venture to use honed-marble tile when we renovate our bathroom? We will be tiling the bathroom floor plus the walls, floor and ceiling of a 3×5-foot, walk-in shower. We saw some beautiful, honed Carrara marble tiles recently.