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Business News

Section 11 Bankruptcy Protection Petition filed by PG&E Company

On Tuesday, the power provider PG&E Corporation has filed for Chapter 11 bankruptcy protection case, surrendering to liabilities originating from…

Saudi Aramco To Invest In Hyundai Oilbank

The Saudi state-owned Saudi Aramco plans to invest almost $1.6 billion for almost 20 percent stake in the Hyundai Oilbank,…

Pressure On President Maduro As US Sanctions State Oil Firm

The US President Donald Trump announced sanctions against the Venuzvalian oil firm PDVSA in a bid to mount pressure on…

Indian e-Retail Giant Flipkart Warns About Disruptions from Proposed Government Regulations

Indian e-commerce giant Walmart has warned the country’s government that there would be ‘significant customer disruption’ if the new e-commerce…