IBT Staff Reporter

571-600 (out of 154944)

Revlon Gets Court Approval For $1.4 Billion Bankruptcy Loan

Revlon Inc received a U.S. bankruptcy judge's permission on Monday to proceed with a $1.4 billion loan, over an objection by junior creditors who argued that its onerous terms could block their chance to recover anything from the cosmetic company's bankruptcy.

Einhorn's Greenlight Takes Stake In Twitter - Letter

Hedge fund Greenlight Capital said it took a new stake in Twitter last month as the social media company sued to force Elon Musk to buy the company even as the billionaire entrepreneur said he has changed his mind about the deal.

U.S. Targets Chinese, UAE Firms In New Iran Oil Sanctions

The United States on Monday imposed sanctions on Chinese and other firms it said helped to sell tens of millions of dollars' in Iranian oil and petrochemical products to East Asia as it seeks to raise pressure on Tehran to curb its nuclear programme.

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