SINGAPORE/BEIJING - The government of the Chinese city of Tianjin, the only shareholder of bankrupt Bohai Steel Group Ltd, is demanding that Bohai’s creditors and strategic investor implement a bankruptcy restructuring plan by the end of September, two creditor sources with direct knowledge of the matter said.
The implementation of Bohai’s bankruptcy restructuring plan, which was approved by a local court in January, has been delayed over a power struggle between the Tianjin government, creditors and investors, as well as the local government’s fears of losing state-owned assets and jobs, the sources said.
Neither the Tianjin government nor the management of Bohai Steel immediately responded to requests for comment sent by fax from Reuters. A representative of Delong’s media department said that the company would not accept any interviews or media requests.
Horrible products.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Beyond Meat's vegan burger is heading to HelloFresh meal kitsHelloFresh will start carrying Beyond Meat's vegan burger on its U.S. menus in September. Beyond meat can bypass my body and be put straight into the toilet. Unfortunately it's made of soy which is one of the top 6 allergens and required to be listed on all food products. It will be nice when soy is not considered the gold standard of replacement for meat.
Source: CNBC - 🏆 12. / 72 Read more »
Jon PlattAssuming the reins of Sony/ATV this year, he previously built Warner/Chappell, the company he left behind, into a powerhouse. Jon Platt was recognized as part of 2018's Variety500 presented by verizondigital
Source: Variety - 🏆 108. / 63 Read more »
Exclusive: WhatsApp in talks to launch mobile payments in Indonesia - sourcesEXCLUSIVE: Facebook's WhatsApp plans to offer payment services in Indonesia - sources by f_potkin f_potkin Time to use Telegram f_potkin WhatsApp need to let users have the option to appear offline.....ffs.... 😅 f_potkin Long bitcoin, short orwellian corporation
Source: Reuters - 🏆 2. / 97 Read more »
Exclusive: Cigna seeks sale of group benefits insurance business - sourcesU.S. health insurer Cigna Corp is exploring a sale of its group benefits insuran...
Source: Reuters - 🏆 2. / 97 Read more »
Exclusive: Lotus Midstream mulls reversing West Texas to Cushing pipeline - sourcesPipeline operator Lotus Midstream LLC may reverse flows on a line now sending cr... What the hell was that? Can't understand headline at all! WRITEENGLISH!
Source: Reuters - 🏆 2. / 97 Read more »
Exclusive: Alibaba postpones up to $15 billion Hong Kong listing amid protests - sourcesChina's biggest e-commerce company Alibaba Group Holding Ltd has delayed it... julie_zhuli GregRoumeliotis AliBaba loss Because their government overlords told them to. Socialism. Business taking toll
Source: Reuters - 🏆 2. / 97 Read more »