Occidental Petroleum (OXY) shares climbed 0.92% on September 2, extending a four-day winning streak with a cumulative gain of 4.37%. The stock hit an intraday high not seen since September 2025, rising 1.03% during the session, signaling renewed investor confidence amid strategic operational shifts and debt management efforts. Recent performance reflects the company’s focus on…
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Bankrupt airline Go First now faces a lawsuit over missing tyres leased to it by the Japanese tyre maker Bridgestone. The tyre company, which had leased 1,400 tyres to the airline at $200-700 per tyre per month, now wants them back. Its Thailand subsidiary, Bridgestone Aircraft Tire Manufacturing (Thailand) Company, has petitioned the National Company…
Trucking company collapses with $1m debt The Australian Read the original article here
The meeting was told an investigation was ongoing into whether the business had traded while insolvent – meaning the business continued operating despite being unable to pay its debts. If proven, Kellock could be personally liable for some of the unpaid debts. Loading “[Which means] the parties could pursue them [the directors], and if they…
The meeting was told an investigation was ongoing into whether the business had traded while insolvent – meaning the business continued operating despite being unable to pay its debts. If proven, Kellock could be personally liable for some of the unpaid debts. Loading “[Which means] the parties could pursue them [the directors], and if they…
SINGAPORE – An undischarged bankrupt misappropriated about $470,000 from more than 200 people who had signed up for a package to perform the umrah – an Islamic pilgrimage to Mecca in Saudi Arabia. The customers received no news about arrangements for the trip, and found out in November 2015 that it would not take place. Singaporean…
A Brisbane trucking company has collapsed into voluntary administration after 23 years of operation. ASIC records show Newnham Trucking, based near Logan in Brisbane’s south, entered voluntary administration this week after it stopped trading in June. The Courier Mail reported the company owed about $1m in debts. A creditors’ meeting has been scheduled for next…
BDO Debt Solutions Inside Halton Read the original article here
RALEIGH, N.C. — Winston-Salem/Forsyth County Schools have received a temporary reprieve in their financial crisis, as the state board of education has agreed to delay interest penalties on millions of dollars in debt. The school district has been burdened with a debt of more than $11 million owed to the state Department of Public Instruction.…