An outage affecting payment systems at a number of Starbucks stores in the U.S. and Canada has been resolved.
Keywords: StarbucksThe U SSystemsnumber
Euro zone finance ministers warned Greece on Friday that its leftist government will get no more aid until it agrees a complete economic reform plan, as Athens lurches closer to bankruptcy.
Troubled property developer Kaisa has until today to pay $52M or become the first Chinese company to default. Today marks the end of a 30-day grace period on its U.S. dollar bonds. Bloomberg’s Katrina Nicholas reports on “Trending Business.”
Not a few expats living and working in Vietnam and local people find sharing bills after meals a vexatious matter, as some Vietnamese people tend to insist they pay the bills but speak ill of those who are spared the payment behind their back, while others just shy away from picking up the checks.
International Monetary Fund chief Christine Lagarde on Thursday (Apr 16) played down talk of Greece delaying its debt payments, maintaining pressure on Athens as it runs out of money to pay.
Keywords: The ImfexitThe ChurchFearsWorld Banktalk of
The chief of the International Monetary Fund said the IMF had never granted a payment delay to an advanced economy.
Keywords: The ImfThe International Monetary FundGrantednever
Many banks cannot collect debts from shipping firms, which have been taking losses for several years.
Keywords: Maritime BankShipsVinalinesVietinbankDebtsBankersshare
VietNamNet Bridge - Many banks cannot collect debts from shipping firms, which have been taking losses for several years.
Keywords: ShipsMaritime BankVinalinesVietinbankDebtsVinashinBankers
Vietnam has kicked off an inspection of expressway projects South Korea firm POSCO Engineering and Construction (E&C) was contracted to after Korean media reported that an executive of the firm set up a slush fund and embezzled millions of U.S. dollars when working as the country director in Vietnam during the 2009-2012 period.
Keywords: letterContractorsCountry DirectortransportprocessparkLao Cai
The State Bank of Vietnam (SBV) does not plan to adjust the dong/dollar exchange rate now because this would place a heavier burden of foreign debt on the government and businesses.
Keywords: rateDebtsState BudgetThe State Bankstableadjust