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News

13 Aug Fidelity Investments wins court battle with IRS over coal tax credits

Posted at 19:49h in News by KMFSLLP 0 Comments

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Fidelity Investments on Wednesday won its court battle with the Internal Revenue Service over tax credits for the production of chemically treated coal.

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13 Aug GE secures four-year labor deal with unions for 6,600 workers

Posted at 19:35h in News by KMFSLLP 0 Comments

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General Electric Co has clinched a labor deal with all 6,600 of its unionized workers in the United States, averting potential strikes that could have hit the ailing conglomerate's jet engine production, the company and unions said on Wednesday.

13 Aug FirstGroup hopes risk-sharing brings smoother ride

Posted at 19:29h in News by KMFSLLP 0 Comments

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Two-phase deal balances risk and reward between government and operator

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13 Aug PDVSA partners fear reach of latest U.S. sanctions on Venezuela -sources

Posted at 19:06h in News by KMFSLLP 0 Comments

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Foreign joint venture partners with Venezuelan state-owned oil company PDVSA are concerned the latest set of U.S. sanctions on the South American country could disrupt their operations, three industry sources said.

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13 Aug UPDATE 5-WeWork to test IPO investor appetite with widening losses

Posted at 19:05h in News by KMFSLLP 0 Comments

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WeWork owner The We Company published detailed financial statements for the first time on Wednesday, revealing breakneck revenue growth and soaring losses, as it prepares for an initial public offering as early as next month.