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An Elliott Investment Management affiliate emerged as the recommended bidder in the court-ordered auction of Citgo Petroleum Corp.’s parent, offering $5.89 billion and a deal to...
Spirit Aviation Holdings Inc.’s second bankruptcy filing in a year signals that the low-cost carrier is finally facing up to the painful steps needed to ensure...
US companies are poised to boost their debt levels to help fund a $1 trillion wave of acquisitions, a reversal after years of scaling back their...
The White House calls its decision to send naval forces and 4,000 troops off the coast of Venezuela a drug-interdiction effort. The move has also prompted...
The prime minister of Yemen’s Houthi government was killed in Israeli strikes on Thursday, along with a number of ministers, the group’s presidency said in a...
Bernard Arnault is pressing ahead with two major developments on Rodeo Drive in Beverly Hills, tightening his grip on one of the world’s most exclusive retail...
Iran’s rial approached record lows on Saturday after major European powers took punitive steps against the Islamic Republic for failing to honor its nuclear commitments. The...
Russian oil producers’ profits dived in the first half of the year, driven down by lower crude prices and a stronger ruble. Rosneft PJSC, the state-controlled...
Switzerland’s trade group for gold refiners opposes a relocation of some operations to the US to ease a trade imbalance between the countries and help tariff...
Pakistan’s soaring used car imports pose a “serious” threat to local manufacturers, according to Indus Motor Co., the local joint venture of Toyota Motor Corp. The...