Edition:
India

Shanti S Nair

Pot producer Canopy Growth reels under slow retail store openings

14 Nov 2019

Canopy Growth Corp said on Thursday it may miss targets for fourth quarter revenue as regulation slows store openings, adding to signs of weakness in the legal cannabis market and hammering shares across the sector.

UPDATE 4-Pot producer Canopy Growth reels under slow retail store openings

14 Nov 2019

Nov 14 Canopy Growth Corp said on Thursday it may miss targets for fourth quarter revenue as regulation slows store openings, adding to signs of weakness in the legal cannabis market and hammering shares across the sector.

UPDATE 3-Chesapeake Energy warns of 'going concern' risk

05 Nov 2019

Nov 5 Chesapeake Energy Corp, once the second-largest U.S. natural gas producer, warned on Tuesday about its ability to continue as a going concern as the debt-laden company struggles with falling prices for the commodity.

Chesapeake Energy raises 'going concern' doubts

05 Nov 2019

Chesapeake Energy Corp , once the second-largest U.S. natural gas producer, warned on Tuesday about its ability to continue as a going concern as the debt-laden company struggles with falling prices for the commodity.

Drug firms offer to settle U.S. opioid suits with $50 billion package: sources

17 Oct 2019

Five drugmakers and distributors are offering $22 billion in cash as well as drugs and services they value at $28 billion to resolve lawsuits alleging the industry fueled the U.S. opioid crisis, two sources familiar with the matter said on Wednesday.

Facebook's Libra currency abandoned by major financial companies

12 Oct 2019

Facebook Inc's ambitious efforts to establish a global digital currency called Libra suffered severe setbacks on Friday, as major payment companies including Mastercard and Visa Inc quit the group behind the project.

PG&E turns down San Francisco's $2.5 billion offer to buy assets

12 Oct 2019

PG&E Corp rejected a $2.5 billion offer from San Francisco to buy the bankrupt Californian company's power lines and other infrastructure within the city, calling the offer inadequate.

Concho Resources to sell strip of New Mexico assets for $925 million

03 Sep 2019

U.S. oil and gas producer Concho Resources Inc said on Tuesday it would sell a portion of its New Mexico assets for $925 million to KKR-backed Spur Energy Partners LLC and plans to use the money to lower its debt and buyback shares.

Canada's Pembina Pipeline makes storage play with $3.3 billion Kinder Morgan deal

22 Aug 2019

Canada's Pembina Pipeline Corp has agreed to buy Kinder Morgan Canada and the U.S. portion of the Cochin pipeline for C$4.35 billion ($3.28 billion), bulking up its storage resources in Canada.

UPDATE 3-Canada's Pembina Pipeline makes storage play with $3.3 bln Kinder Morgan deal

21 Aug 2019

Aug 21 Canada's Pembina Pipeline Corp has agreed to buy Kinder Morgan Canada and the U.S. portion of the Cochin pipeline for C$4.35 billion ($3.28 billion), bulking up its storage resources in Canada.

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