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Headlines

Tuesday, December 2 2025

U.S. Judge Authorizes Sale of Citgo Parent's Shares to Elliott Affiliate

A U.S. judge on Saturday authorized the sale of shares in the Venezuela-owned parent of Citgo Petroleum to an affiliate of Elliott Investment Management, following his approval earlier this week of a $5.9 billion bid from the…

Tuesday, December 2 2025

Vietnam’s State Shipbuilding Company on Brink of Bankruptcy

Vietnam’s state-owned shipbuilding company, SBIC, is facing imminent bankruptcy, prompting government intervention aimed at restructuring the corporation, MaritimeFairTrade.org reported. This decision follows a resolution…

Tuesday, December 2 2025

NCLAT Rejects Insolvency Plea Against Voltas, Upholds NCLT Order

Appellate tribunal NCLAT has rejected a plea against Voltas, which sought to initiate insolvency proceedings against the Tata Group firm by one of its operational creditors, the Economic Times of India reported. A two-member…