Finance Resorts

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Perthshire holiday park under new ownership after RBS deal

Scotsman 22 Aug 2019

A Perthshire holiday resort is set to receive a makeover after changing hands on the back of a funding deal from Royal Bank of Scotland. Perth-based J&S McKenzie Group has acquired Moness Resort and Aberfeldy Caravan Park for an undisclosed sum after securing a seven-figure finance package from the lender....

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Five companies that stand to suffer the most from a global recession

The National 22 Aug 2019

Caesars is set to merge with Eldorado Resorts early next year in a deal that involves $8.2 billion (Dh30.1bn) in new financing, amid rising competition from new casinos, both online and at its properties. Unlike some of its peers that focus more on luxury, such as Wynn Resorts, Caesars operates a lot of casinos in small markets....

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UK NGO Implements Blockchain to Provide Banking Services to Sierra Leone

CoinGape 22 Aug 2019

UK-based Technology Charity Organization, Kiva, is implementing blockchain to create an online ID database in the African Country of Sierra Leone ... People have had to resort to community banks and micro-finance lenders ... President Bao noted at the launch, ... Moreover, the President aims to include all banks and micro-finance institutions in the system ... ....

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State keen on setting up resorts in J&K, Ladakh: Tourism Minister

The Hindu 21 Aug 2019

The State government has asked the Centre to facilitate revenue land for state-of-the-art tourism resorts both in J&K and Ladakh, State Tourism Minister Jaykumar Rawal said ... Rawal met Union Minister for Tourism and Culture Prahlad Singh Patel to present his demands, which included land for the resorts, in New Delhi....

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Mercedes in privacy row after spying on drivers with location sensors

Metro UK 21 Aug 2019

Basically, when finance customers don’t make good on their payments ... ‘This repossession process is used in a few exceptional cases and only as a last resort, when customers default or breach their finance agreement and repeatedly fail requests to return their vehicle....

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DTC task force prescribes reduction of corporate tax rates

Sify 21 Aug 2019

In a bid boost revenue, both the UPA and NDA governments have resorted to the practice of imposing surcharges on incomes of individuals or companies. Finance Minister ... A senior Finance Ministry official said that the recommendations will be examined before taking a final decision....

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DTC task force prescribes across board corporate tax cut to 25%

Yahoo Daily News 21 Aug 2019

In a bid boost revenue, both the UPA and NDA governments have resorted to the practice of imposing surcharges on incomes of individuals or companies. Finance Minister Nirmala Sitharaman, who presented her first Budget last month, had announced slashing of corporate tax rate to 25% but only for companies with annual turnover of up to Rs 400 crore....

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INX Media case: Supreme Court to hear P Chidambaram’s bail plea at 10:30 AM

Yahoo Daily News 21 Aug 2019

The apex court is the last resort for the former Finance minister to save himself from the imminent threat of arrest ... The CBI on Wednesday morning again visited the former Finance minister’s residence, but the leader didn't show up....

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Why is Supreme Court Chidambaram's last resort from imminent arrest

India TV 21 Aug 2019

The Supreme Court is the last resort for the former Finance Minister P. Chidambaram to save himself from the imminent threat of arrest in the INX Media scam ... on Wednesday ... .......

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The U.S.-China Trade War: 5 Essential Read

Yahoo Daily News 21 Aug 2019

The Last Resort. In part because of the trade war, Rodney Ramcharan, professor of finance and business economics at the University of Southern California, notes that the U.S ... the central bank is essentially signaling it’s now the administration’s insurer of last resort.”....

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Bill de Blasio is getting ripped apart for saying that one of NYC's best pizza places should reopen despite not paying $167k in taxes

Business Insider 21 Aug 2019

A spokesman for the New York Department of Tax and Finance told the Daily News that "seizing a business is always our last resort" and Di Fara's had been warned about their outstanding tax debt on multiple occasions over the past few months ... It MUST be saved ... My team and I are looking into how we can help resolve this situation." ... ....

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Four alumni to be inducted into 2019 Brookville Area High School Hall of Fame

Courier Express 21 Aug 2019

He has also consulted with several companies regarding corporate finance matters. He served nine years as CFO of Great Wolf Resorts, Inc., based in Madison, Wisc., and seven years as CFO of Interstate Hotels and Resorts, Inc....

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Upstate NY’s biggest casino agrees to sale

The Post-Standard 20 Aug 2019

Resorts World Catskill Casino near Monticello in Sullivan County ... Publicly traded Empire Resorts, which also owns the nearby Monticello Raceway harness track, had reported in a recent filing to the U.S ... In the filing, Empire Resorts said it was considering Chapter 11 bankruptcy, which would allow it to reorganize its finances....