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Hanover's woes worsen as watchdog growls

The pair featured in today's National Business Review annual rich list. Mr Watson was joint-16th with $450 million, and at $200 million, Mr Hotchin was joint-40th.

A source told BusinessDay that management would work "round the clock" to ensure mum-and-dad investors recouped some or all of their investment. Also, the company had anticipated a downgrade but was "perplexed" by the Commerce Commission's intervention.

Hanover joins a wave of failed finance firms seeking moratorium agreements or restructuring plans to keep the business afloat.

St Laurence Group managing director Kevin Podmore, in Dunedin as part of a roadshow to brief investors, said the company was moving from a moratorium plan to one of recapitalisation.

St Laurence, which last month shut its lending business with $240 million owing to 9000 investors, is considering letting existing shareholders, not debenture holders, front more capital. more

Paternity leave for millions of fathers under union plans

Business leaders have already raised concerns that the plans for "flexible" parental leave, which could come in when the amount of maternity leave a woman can take rises from 39 weeks to 52 weeks in 2010, could be harmful for small businesses.

The measure to extend maternity leave to fathers is part of a package due to be thrashed out between Labour ministers and the trade unions at the party's national policy forum, which takes place in Warwick from Friday and concludes on Saturday.

The unions will also push for mothers and fathers to be allowed paid time off for short periods if their children are ill or have stressful exams coming up.

If there proposals are accepted by Labour then they are likely to be brought in under new legislation.

While Gordon Brown is said to be determined not to give in to the entire union "shopping list," ministers are said to be prepared to agree a set of measures designed to help the work-life balance of millions of employees, and in particular the 4.5 million working parents. more

Verizon Business Introduces Global Billing Report

Verizon Business multinational customers now have a more convenient way to view, monitor and analyze their expenses, with the company's introduction of Global Billing Report. Customers can use this advanced tool, available at no cost through the Verizon Enterprise Center (VEC), to view worldwide communications expenses online in both the original billed currency and another currency selected by the customer.

Global Billing Report is immediately available, and a number of customers headquartered in Europe, Asia and the United States are currently using the tool to manage their worldwide billing information.

"Our customers are eager for a sophisticated and consolidated view of their global communications operations and expenses," said Tom Vitale, vice president of customer enablement and cross-product support for Verizon Business. more

Recent Customs In International Business News

Lafarge denies mining in Meghalaya despite court ban - The Gaea Times

... Feb 5, the apex court ordered the French firm to immediately stop its mining operations following SAC’s allegations that the firm has raised funds from various international ... soon through the Dawki land customs station in Meghalaya," a ...

Twenty Customs Officers complete training course - SKNVibes.com

Kitts – TWENTY Junior Officers of the Customs and Excise Department are expected to graduate this evening ... More training opportunities, whether regional or international, will be available to them and they will also be required to pass on their ...

Global4PL Principals Named 2010 "Provider Pros to Know ... - PR-USA.net

... Masters degree in Change Management from Pepperdine University's Graziadio School of Business, and an MBA in International Business from California State University, Northridge. Mr. Chiu is a licensed US Customs Broker and possesses over 14 ...

Court: Chicago man in terror case to change plea - San Jose Mercury News

FBI agents arrested Headley at O'Hare International Airport on Oct. 3 as he was about ... name at birth was Daood Gilani, but he had it legally changed to make it easier to get through customs without questions, according to federal prosecutors.

Globalization in Pakistan - Der Spiegel

Add to that the subcontractors, the transport firms, the customs offices, the sports equipment giants, the advertising industry, the sports ... Pakistani business people have trouble getting visas for the United States or for Europe. But business is ...

Damco opens new hub in Samrong - Nation - Thailand

... services from barging, container freight station to general and free-trade-zone warehousing, enabling customers to complete every aspect of import or export handling, including customs clearance and other value-added services. "The comprehensive ...

Nothing Lost in Translation - Egypt Today

For scholarly books, we attend international conferences, [and] we follow journals in which subjects are first explored.” Still, even this industry veteran says there’s no way anyone in the book business ... remaining part of the customs process ...

A promised deal on gold was no such thing, lawsuit ... - Minneapolis Star Tribune

Andrew Vilenchik says he'd never heard of the international "Goldenberg scheme" until last ... lawsuit filed in Minneapolis this week that he was scammed by the Republic of Kenya, its customs agency and its central bank. He's seeking to recover $40 ...

Cowan, Liebowitz & Latman Adds Don Obert of Folluck ... - Earthtimes

NEW YORK - (Business Wire) Cowan, Liebowitz & Latman, P.C., primarily known as an intellectual property law and litigation boutique, has just announced that it is expanding its Customs, International Cargo and Regulatory Compliance Group with the ...

Huge haul of fake clothes seized in London - BBC UK News

... of the business community which has resulted in a determined international effort to combat an aspect of financial crime which has far-reaching implications for UK, the rest of Europe and the US." John Morton, of US Immigration and Customs ...

Welcome to Internet business

Customs In International Business Article

Inspire and be Inspiration for Entrepreneurs ( Entrepreneurs Club

Hanover's woes worsen as watchdog growls

Paternity leave for millions of fathers under union plans

Verizon Business Introduces Global Billing Report

Recent Customs In International Business News

Lafarge denies mining in Meghalaya despite court ban - The Gaea Times

Twenty Customs Officers complete training course - SKNVibes.com

Global4PL Principals Named 2010 "Provider Pros to Know ... - PR-USA.net

Court: Chicago man in terror case to change plea - San Jose Mercury News

Globalization in Pakistan - Der Spiegel

Damco opens new hub in Samrong - Nation - Thailand

Nothing Lost in Translation - Egypt Today

A promised deal on gold was no such thing, lawsuit ... - Minneapolis Star Tribune

Cowan, Liebowitz & Latman Adds Don Obert of Folluck ... - Earthtimes

Huge haul of fake clothes seized in London - BBC UK News

Top Customs In International Business Links

International business culture, customs, protocol and ...

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Custom International Enterprises - Inexpensive web ...

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Main Page - ExecutivePlanet.com

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