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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Chesapeake Energy, the pioneer of oil shale gas drilling that helped make the United States a global energy power, filed for bankruptcy. The Oklahoma City-based company said Sunday it had been forced to enter Chapter 11 protection because its $ 9 billion debts were unmanageable. He has entered into a …
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Oil prices lost more than 5% on Wednesday as evidence of an increase in coronavirus cases in many countries raised questions about efforts to restart global economies and data from the US government. USA They reveal a third consecutive weekly increase in national crude inventories. “The real concern is the …
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