1. 1-10 of 10
    1. Shale Pioneer Chesapeake Energy Files for Bankruptcy

      Shale Pioneer Chesapeake Energy Files for Bankruptcy

      Chesapeake Energy Corp filed for Chapter 11 on Sunday, becoming the largest U.S. oil and gas producer to seek bankruptcy protection in recent years as it bowed to heavy debts and the impact of the coronavirus outbreak on energy markets. The filing marks an end of an era for the Oklahoma City-based shale pioneer, and comes after months of negotiations with creditors to lay the groundwork for the restructuring...

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    2. Nestle Counts on Better Second Half to Keep Third Point at Bay

      Nestle Counts on Better Second Half to Keep Third Point at Bay

      ZURICH (July 26): Food giant Nestle said it expects an improvement in sales and profitability in the second half of 2018 as it seeks to assuage activist shareholder Third Point, with its infant formula business helping second-quarter results. Packaged food groups have seen sales slow as health-conscious consumers switch to fresh, local foods...

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    3. Pay for UK's Top Bosses Drops Sharply, Investors Say More to Do

      Pay for UK's Top Bosses Drops Sharply, Investors Say More to Do

      LONDON (Aug 3): Pay packages for the bosses of Britain's 100 biggest listed companies dropped 13% over the past year, a survey showed on Thursday, amid rising political and investor pressure to rein in on excessive earnings. The survey by the Chartered Institute of Personnel and Development (CIPD) and the High Pay Centre think tank showed the median pay for chief executives of companies in the FTSE 100 index was 3.45 million pounds (US$4.57 million) in 2016, down from 3.97 million pounds in 2015 and only marginally higher than in 2010. There was a ...

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    4. Aramco Board to Meet in Shanghai as it Seeks Chinese Investors for IPO

      Aramco Board to Meet in Shanghai as it Seeks Chinese Investors for IPO

      Saudi Aramco's board will meet in China in May for the first time in seven years, industry sources said, as the state-owned energy firm seeks to lure Chinese and Asian investors to its giant share offering. The board of directors would gather in Shanghai on May 10 to discuss the firm's business plans, investments and preparations to sell up to 5 percent of Aramco in 2018, the sources said...

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    1-10 of 10
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