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Author: KMFSLLP

16 May Mystery of prolonged Covid-19 symptoms adds to unknowns

Posted at 04:00h in News by KMFSLLP 0 Comments

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Growing evidence that some sufferers have to endure problems from fatigue to organ pains for six weeks or more

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16 May UPDATE 1-J.C. Penney has need for speed in bankruptcy, lawyer says

Posted at 03:26h in News by KMFSLLP 0 Comments

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J.C. Penney Co Inc needs to exit bankruptcy proceedings in just a matter of months to survive the unprecedented financial strain of prolonged store closures due to the COVID-19 pandemic, a lawyer for the iconic U.S. department store chain said during a court hearing on Saturday.

16 May UK renewables prove a shining success during pandemic

Posted at 03:00h in News by KMFSLLP 0 Comments

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Ample sun and wind, combined with low electricity demand, lead to unprecedented use of green energy

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16 May UK mulls plan for ‘bad bank’ to hold stakes in bailed-out firms -Sunday Times

Posted at 00:05h in News by KMFSLLP 0 Comments

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The British government is considering a plan for a "bad bank" that would hold stakes in bailed-out businesses that many fear could fail during the COVID-19 crisis, the Sunday Times newspaper reported https://bit.ly/2Z8NAvR.

15 May U.S. Bankruptcy Court allows J.C. Penney to keep paying staff and vendors

Posted at 23:13h in News by KMFSLLP 0 Comments

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J.C. Penney Co Inc said on Saturday a U.S. Bankruptcy Court will allow it to keep paying wages and benefits to workers who will remain on the job after the U.S. department store chain filed for Chapter 11 protection from creditors, and also to pay vendors for goods delivered...

15 May UPDATE 1-Blackstone shale oil venture Gavilan Resources files for bankruptcy

Posted at 22:51h in News by KMFSLLP 0 Comments

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Blackstone Group's Gavilan Resources LLC filed for Chapter 11 bankruptcy late on Friday, citing this year's oil price collapse and a bitter legal battle with a partner.

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15 May Blackstone shale oil venture Gavilan Resources files for bankruptcy

Posted at 22:07h in News by KMFSLLP 0 Comments

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Blackstone Group's Gavilan Resources LLC filed for Chapter 11 bankruptcy on Friday, citing this year's oil price collapse and a bitter legal battle with a partner.

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15 May UPDATE 2-Italian PM Conte says Fiat Chrysler entitled to seek state-backed loan

Posted at 22:00h in News by KMFSLLP 0 Comments

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Italian Prime Minister Giuseppe Conte said on Saturday that Fiat Chrysler was entitled to apply for Italy's state-backed loans because the automaker employs thousands of people in the country, even though its legal base is located abroad.

15 May Europe should temporarily ban Chinese takeovers – Germany’s Weber

Posted at 22:00h in News by KMFSLLP 0 Comments

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The European Union should impose a temporary ban on Chinese takeovers of companies that are currently undervalued or have business problems because of the coronavirus crisis, the leader of the bloc's largest political alliance said on Sunday.

15 May UPDATE 1-Fed says around 600 smaller banks tapped PPP facility in its first days

Posted at 20:52h in News by KMFSLLP 0 Comments

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Around 600 banks, most of them small community institutions, tapped the Federal Reserve's Paycheck Protection Program facility for about $30 billion of loans as of May 6, the U.S. central bank reported on Saturday in its first detailed disclosure under the new program.

Author: KMFSLLP

16 May Mystery of prolonged Covid-19 symptoms adds to unknowns

16 May UPDATE 1-J.C. Penney has need for speed in bankruptcy, lawyer says

16 May UK renewables prove a shining success during pandemic

16 May UK mulls plan for ‘bad bank’ to hold stakes in bailed-out firms -Sunday Times

15 May U.S. Bankruptcy Court allows J.C. Penney to keep paying staff and vendors

15 May UPDATE 1-Blackstone shale oil venture Gavilan Resources files for bankruptcy

15 May Blackstone shale oil venture Gavilan Resources files for bankruptcy

15 May UPDATE 2-Italian PM Conte says Fiat Chrysler entitled to seek state-backed loan

15 May Europe should temporarily ban Chinese takeovers – Germany’s Weber

15 May UPDATE 1-Fed says around 600 smaller banks tapped PPP facility in its first days

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