Bloomberg Foresight Energy LP filed for bankruptcy protection after it was unable to turn a profit on coal mining anymore as power generators switched to cleaner and cheaper fuels. The company, founded by the late billionaire Christopher Cline, is among a wave of US miners to file for Chapter 11 in recent years, including Murray Energy Corp, which owns a ...

Bloomberg Aon Plc agreed to buy Willis Towers Watson Plc in an almost $30 billion, all-stock transaction announced a year after previous takeover talks fell apart. Under the terms of the agreement, Willis Towers Watson shareholders will receive 1.08 Aon shares for each of their shares, with existing Aon investors owning about 63% of the company once the deal is ...

Bloomberg UK bond issuance is set to surge to the highest level in nine years with Prime Minister Boris Johnson’s government expected to unveil a significant increase in budget spending. Sales of gilts will rise to 166 billion pounds ($218 billion) in the 2020-2021 financial year, according to the median forecast of 13 bond dealers surveyed by Bloomberg. The nation’s ...