T. Boone Pickens accused J. Cleo Thompson and Delaware Basin Resources of attempting to cheat him out of profits and ownership interests.
Political deadlock over Brexit could halt flights between the UK and Europe, according to the chief executive of Ryanair, who warned that Britain’s aviation industry is being “walked off a cliff” by the government.
Volkswagen is to axe 30,000 jobs as part of a restructuring designed to help the German carmaker recover from the diesel emissions scandal.
The Pensions Regulator is seeking millions of pounds from Dominic Chappell and Retail Acquisitions in relation to the £571m deficit in the BHS pension scheme.
They say the bookie always wins, but not on Tuesday night.
Tata Steel has been lambasted for considering closing its UK pension scheme before making a £60m payment scheduled for next year.
The chairman of Rolls-Royce has insisted the engineering group will not be broken up despite appointing the chief operating officer of ValueAct, the activist US investor, to its board.
It is ridiculous for the Brazilian independent prosecution service to argue that the damages for the disaster at Samarco, an iron ore operation owned by Vale and BHP Billiton, should be the same as those paid by BP after its Deepwater Horizon catastrophe in the Gulf of Mexico in 2010. There is no link between the two incidents.
Sports Direct tycoon Mike Ashley is understood to have been outbid by rivals including the owners of Matalan and Edinburgh Woollen Mill as administrators try to secure the future of BHS.
Tesco is facing a claim for £150m from 60 shareholders seeking to recoup losses following accounting irregularities at the supermarket chain.
Amazon has moved a step closer to launching a grocery service in the UK, taking over the lease on a warehouse previously used by Tesco.
Asda boss Andy Clarke has insisted the supermarket is bouncing back after reaching “a nadir” as he revealed the chain’s worst quarterly sales figures.
IBM shares fell more than 5 percent in after-hours trading Monday after the company announced third-quarter revenues that missed expectations, and offered weaker than expected guidance for the year.