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Court leaves PG&E with sole right to submit bankruptcy plan
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FILE PHOTO: A PG&E truck carrying an American Flag drives past PG&E repair trucks in Paradise, California, U.S. November 21, 2018. REUTERS/Elijah Nouvelage (Reuters) – A federal judge on Friday allowed PG&E Corp to retain the sole rights to propose a plan to exit bankruptcy, as he rejected efforts by investors to put forward competing Read MoreTake Five: Fed in a hole
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(Reuters) – FILE PHOTO: Federal Reserve Board building on Constitution Avenue is pictured in Washington, U.S., March 19, 2019. REUTERS/Leah Millis 1/FED IN A HOLE On Wednesday, the U.S. Federal Reserve releases the minutes of its last meeting, revealing what policymakers said about the flattening Treasury yield curve and the strength of support for July’s Read More
US unseals warrant to seize Iranian Grace 1 tanker released in Gibraltar
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The US has ordered the seizure of newly-freed Iranian oil tanker Grace 1, charging the ship with illegally using the US financial system to sell oil to Syria to support the IRGC after Gibraltar released the vessel. The Justice Department has unsealed a warrant ordering the seizure and forfeiture of the Iranian tanker, all of Read MoreCanada awards multi-billion contract to General Dynamics as election looms
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FILE PHOTO: The General Dynamics Land Systems – Canada factory is seen in London, Ontario, Canada October 23, 2018. REUTERS/Chris Helgren OTTAWA (Reuters) – Canada on Friday announced a multi-billion dollar contract with General Dynamics Corp for equipment that will be manufactured in a region where the ruling Liberals need to do well in an Read MoreAmazon.com defeats IRS appeal in U.S. tax dispute
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(Reuters) – Amazon.com Inc on Friday defeated an appeal by the U.S. Internal Revenue Service in what the online retailer has called a $1.5 billion dispute over its tax treatment of transactions with a Luxembourg subsidiary. FILE PHOTO: An Amazon package is seen after being delivered in London, Britain February 29, 2016. REUTERS/Toby Melville/Files In Read MoreDenmark sees resolution soon to EU rift on 2050 climate goal
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COPENHAGEN (Reuters) – The new energy and climate minister of Denmark, a frontrunner in fighting climate change, said on Friday he was confident fellow EU countries would soon agree to go carbon-neutral by 2050 despite resistance in the east of the bloc. Denmark’s Climate and Energy Minister Dan Jorgensen speaks during an interview in Copenhagen, Read More