BRASILIA, Oct 22 - A Brazilian court has approved a bankruptcy protection petition filed by MMX Sudeste Mineracao SA, an iron-ore mining company controlled by Brazilian tycoon Eike Batista, the company said on Wednesday in a securities filing.
Oct 22 - Texas tycoon Sam Wyly, who filed for bankruptcy this week, is trying to exhaust his fortune through exorbitant spending to impede the U.S. Securities and Exchange Commission's collection of a $198.1 million fraud claim against him, the regulator told a U.S. judge on Wednesday.
DETROIT, Oct 22 - Detroit's relatively fast move through municipal bankruptcy has resulted in costly creditor settlements and too little emphasis on fixing the city's broken operations, a restructuring expert testified in U.S. Bankruptcy Court on Wednesday.
SOFIA, Oct 22 - Bulgaria's central bank will have to revoke the licence of Corporate Commercial Bank (Corpbank) unless the Balkan country changes its laws, the central bank's spokesman told Reuters on Wednesday.
Oct 22 - Irish state-owned lender Permanent Tsb (PTSB) is selling a portfolio of mostly bad mortgage loans with a gross value of 468 million euros ($594 million) ahead of European stress tests that could require it to boost its capital.
* Mortgage loan book comprises gross assets of approximately eur 468 million, eur 350 million of which are non-performing
Oct 21 - Apple and GT Advanced Technologies Inc struck an agreement on Tuesday that will let GT begin the shutdown of key Arizona operations, and shed some more light on why the former stock market darling abruptly filed for bankruptcy this month.
Oct 21 - Apple Inc and GT Advanced Technologies Inc have struck an agreement to shutter a key Arizona factory and allow the Apple supplier to explain the circumstances leading up to its abrupt bankruptcy filing, a lawyer for GT told a court on Tuesday.
(Adds details of exit financing, revenue projections, background on case)
DETROIT, Oct 21 - The federal judge overseeing Detroit's historic bankruptcy case wants the city to explain its settlements with creditors and its exit financing in closing arguments next week, he said on Tuesday.
- M&A: UK's Phoenix Group sees full-year cash generation at top end of range
- IPOs: Philippine retailer SSI prices $166 mln IPO at top end of guidance
- Private Capital: DEALTALK-As ETF M&A heats up, industry wonders who is next
- Hedge Funds: Hedge fund exit requests drop to nine-month low
- Regulatory News: European Factors to Watch-Shares to fall at the open
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Any Americans believing that their country is being bought up by the Chinese might want to think again, according to the Vale Columbia Center on Sustainable International Investment.
Inventore Veritatis Dolorem Aliqua Non Anim. Exercitationem Consequat Illo Porro. Numquam Duis Quis Id Velit Nisi Esse.