PG&E proposes board revamp in revised bankruptcy plan

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) – Bankrupt California power... Read more »

Exxon, Chevron results augur tough year ahead, shares drop 3.5%

HOUSTON (Reuters) – Weaker crude oil and gas prices drove quarterly results sharply lower at Exxon Mobil Corp and Chevron Corp, pushing down shares at the two largest U.S.... Read more »

U.S. judge encourages PG&E deal with California wildfire victims; stock jumps

WILMINGTON, Del (Reuters) – Utility PG&E Corp’s $13.5 billion settlement with victims of California wildfires got some encouraging words from a U.S. bankruptcy judge on Tuesday, and the company’s... Read more »

California governor rejects PG&E bankruptcy reorganization plan

(Reuters) – California Governor Gavin Newsom on Friday rejected a bankruptcy reorganization plan submitted by PG&E Corp (PCG.N), the state’s largest investor-owned utility, saying its proposal fails to meet... Read more »

Neil Woodford sacked as flagship Equity Income Fund to be shut

LONDON (Reuters) – Neil Woodford has been ousted from his flagship LF Woodford Equity Income Fund which will be shut down to pay back investors whose money has been... Read more »

Nyrstar shareholders to sue commodities trader Trafigura for $1.6 billion

LONDON (Reuters) – Minority shareholders in zinc producer Nyrstar are seeking 1.48 billion euros ($1.63 billion) in damages from global commodities trader Trafigura over the restructuring of the Belgian... Read more »

UPDATE 1-RWE expects Brunsbuettel LNG terminal decision by early 2020

(Adds details issued by terminal project company) ESSEN, Germany, Sept 30 (Reuters) – RWE expects a final investment decision on a potential German liquefied natural gas (LNG) terminal at... Read more »

Miner Sibanye-Stillwater flags improved operating performance

JOHANNESBURG, Aug 8 (Reuters) – South Africa’s Sibanye-Stillwater has improved operating performance in the second quarter and is set to achieve its annual targets, the precious metals miner said... Read more »

PRESS DIGEST- British Business – Aug. 1

Aug 1 (Reuters) – The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their... Read more »

Deutsche Bank capital-boosting debt dips on restructuring fears

LONDON (Reuters) – Deutsche Bank’s capital-boosting Additional Tier I (AT1) debt issues fell on Monday on worries over future challenges Germany’s biggest lender may face in a planned overhaul.... Read more »