Global Business
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| Google books | books.google.com |
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| Originally published | February 25, 2008 |
| Authors | Mike W. Peng |
| Date of Reg. | |
| Date of Upd. | |
| ID | 2063556 |
About Global Business
A look at the latest developments in business, industry and organisations worldwide.
Cineworld screens stay open despite administration
... " Cineworld continues to operate its Global Business and cinemas as usual without interruption and this will not be affected by the entry of Cineworld Group plc into administration, " it said...
Debt ceiling: Janet Yellen warns US could run out of cash by 1 June
... A default - which would be the first in US history - could upend global financial markets and shatter trust in the US as a Global Business partner...
Masatoshi Ito, billionaire who made 7-Eleven a global giant, dies at 98
...By Annabelle LiangBusiness reporterJapanese billionaire Masatoshi Ito, who helped turn 7-Eleven convenience stores into a Global Business empire, has died aged 98...
Trump not first politician to be ditched by Rupert Murdoch
... Since Murdoch inherited Adelaide s The News 70 years ago, conjuring from these unlikely beginnings a multi-billion dollar Global Business empire, 18 Australian prime ministers have come and gone...
China: Buyout of UK's largest microchip plant raises concerns
... Nexperia says being part of a Global Business is vital...
Cancer screening led me to invent dissolving wet wipes
... WWF Scotland director Lang Banks says there s " a huge Global Business opportunity awaiting anyone who can develop a genuinely sustainable alternative to plastic-containing wipes"...
How is a UK debt to Iran connected to Nazanin Zaghari-Ratcliffe?
... What steps did Iran initially take? In 1990, Iran took IMS to the International Chamber of Commerce (ICC), a Global Business organisation which rules on trade disputes between countries...
Ukraine invasion: Russians close on Kyiv but meet strong resistance
... He wants leaders to cut off Russia from Swift - the system used for Global Business transactions...
Cineworld screens stay open despite administration
Struggling cinema chain Cineworld has said its screens will remain open despite The Company planning to file for administration in the UK.
The Move is part of a restructuring plan for The World 's second-largest cinema chain that will see its shares being suspended.
The Company filed for bankruptcy protection in the US Last Year as it struggled with debts of $5bn.
But The Firm said it was still business as usual for its cinemas.
" Cineworld continues to operate its Global Business and cinemas as usual without interruption and this will not be affected by the entry of Cineworld Group plc into administration, " it said.
" The Group and its brands around The World - including Regal, Cinema City , Picturehouse and Planet - are continuing to welcome customers to cinemas as usual. "
Cineworld plans to emerge from bankruptcy protection In July following the financial structuring, which will cut its debts by about $4. 5bn and see $800m raised in fresh funds.
Like other cinema chains, Cineworld - which employs More Than 28,000 people globally - was hit hard by the pandemic.
Many theatres were forced to close for extended periods during the lockdowns, or had to operate at a reduced capacity due to social distancing rules.
Cinemas are also facing tough competition from streaming services.
Earlier this year, Cineworld had to drop its plans to sell its businesses in the US, UK and Ireland after it failed to find a buyer.
Related TopicsSource of news: bbc.com
