business restructuring

SINGAPORE (Dec 20): Noble Group, the once mighty commodity trader, on Thursday completed its drawn out US$3.5 billion ($4.8 billion) debt restructuring to emerge as a smaller, unlisted Asia-focused coal-trading business.

(Sept 25): Starbucks Corp. is planning an organisational shake-up, including corporate layoffs that will start at top levels, as the coffee chain tries to reverse stagnant sales and rekindle investors’ interest.

(Sept 17): Noble Group Ltd. plans to introduce the schemes of arrangement that underpin its restructuring this week, a key step in the creation of a new company that senior creditors signalled will hold to the highest standards of corporate governance aft

SINGAPORE (Sept 10): A response from Iceberg Research to a tweet about Jeff Skilling (pictured, main image) this past week alerted me to the news that the former CEO of Enron Corp had just been released from prison and relocated to a halfway house for the

(Aug 27): Embattled commodity trader Noble Group took a significant step toward getting its US$3.5 billion ($4.8 billion) debt-for-equity restructuring over the line after shareholders voted to back the controversial proposal at a special general meeting

SINGAPORE (Aug 20): In June 2013, Arnaud Vagner was fired from his position as senior credit analyst at commodity trader Noble Group. He says it was not till after he left, however, that he began to take a closer look at Noble’s financials. That was whe

SINGAPORE (Aug 17): Arnaud Vagner was fired from his position as senior credit analyst at commodity trader Noble Group in June 2013 and it was only after he left that he began to take a closer look at Noble’s financials, uncovering misrepresentations in

(Aug 16): Arnaud Vagner has been a mystery for more than three years.

SINGAPORE (Nov 25): AusGroup posted a loss of A$2.08 million ($2.21 million) for 1Q17 compared to a profit of $348,000 in the same quarter a year ago.