Tag: Shipping

[ad_1] MILAN, Aug 1 (Reuters) – Boutique financial firm SC Lowy said on Wednesday it had bought a $160 million bad loan portfolio from Italian state-owned bank Monte dei Paschi di Siena in one of the country’s largest shipping debt sales. SC Lowy, which has offices in Hong Kong, London and Seoul, entered the Italian…

[ad_1] MANILA – A company has denied illegally recruiting for overseas jobs 139 workers found aboard its cruise ship docked in Orion town in Bataan last July. “How could we be involved in illegal recruitment when we are not even actively recruiting people for work abroad? There is not a single time when we, or…