SINGAPORE'S High Court has approved two major bank creditors' bid to fund Inter-Pacific Petroleum's (IPP) lawsuit against former director Goh Jin Hian.
Amazon.com Inc on Thursday said more than 19,000 of its U.S. frontline workers contracted the coronavirus this year, or 1.44per cent of the total, a disclosure long sought by labor advocates that had criticized its pandemic response.
Roblox Corporation is working with investment banks to prepare for a U.S. stock market listing that could come early next year and which the online gaming platform expects could double its recent US$4 billion valuation, people familiar with the matter said.
Wall Street see-sawed on Thursday as investors juggled optimism over progress on stimulus talks Washington with signs of waning momentum of economic recovery from the pandemic recession, now entering its ninth month.
Oasis Petroleum Inc and Lonestar Resources US Inc's bankruptcy filings are the latest in a slew of restructurings that put oil-and-gas producers on track for their biggest year of bankruptcies since the 2016 shale downturn.
US House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin were expected to try again on Thursday to reach a deal on COVID-19 relief, while the House of Representatives stood ready for a second day to move a Democratic bill if talks fail.
U.S. coal baron Robert Murray, whose company Murray Energy filed for bankruptcy last year, has applied for federal benefits to treat his black lung disease after opposing more stringent coal dust regulations for years, according to report by West Virginia public radio.
Goldman Sachs Group Inc is buying General Motors Co's credit card business for about US$2.5 billion, the Wall Street Journal reported on Thursday (Oct 1), citing people familiar with the matter.
Goldman Sachs Group Inc is buying General Motors Co's credit card business for about US$2.5 billion, the Wall Street Journal reported on Thursday, citing people familiar with the matter.
Wall Street see-sawed on Thursday as investors juggled optimism over progress on stimulus talks Washington with signs of waning momentum of economic recovery from the pandemic recession, now entering its ninth month.
