Text size Paul Ratje / Getty Images Bond Investors Should Not Be Overly Surprised With Chesapeake Energy‘s bankruptcy. The oil and gas producer filed for Chapter 11 bankruptcy protection in a South Texas court on Sunday, after the company and its creditors agreed to the guidelines of a restructuring plan …
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UK stocks fell on Tuesday as Royal Dutch Shell’s warning that it could take a $ 22 billion redemption dragged down the FTSE 100 UKX, -0.75% lower. The UK economy also suffered its worst decline since 1979, as gross domestic product fell 2.2% between January and March, according to the …
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Text size Dirk Waem / Getty Images NASH was once the next big thing for big drug companies; a newly defined disorder that requires chronic treatment that affects millions of people in developed countries. Dozens of companies are developing drugs for the disease, which can cause life-threatening conditions like decompensated …
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Oil futures rose cautiously on Monday, buoyed by some recovery in energy demand, even as COVID-19 cases exceed 10 million worldwide, raising the possibility of new closings in parts of the world. world to contain the spread. “As global demand recovers, the natural inclination for oil is to increase as …
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1. Dow will recover after 730 point drop on Friday Dow futures pointed to a gain of more than 200 points in Monday’s opening, a rebound after the Dow Jones Industrial Average fell 730 points, or 2.8%, on Friday, knocking down the blue chips 3.3% last week . After initial …
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