Friday , 19 December 2025

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Cash-strapped Murray Energy faces liquidation

Bloomberg Bankrupt coal miner Murray Energy Corp could be forced to liquidate unless a federal judge lets it cut healthcare payments to retirees, according to court papers. Murray Energy, the largest private coal miner in the US, is asking the judge overseeing its Chapter 11 bankruptcy to let it shed certain health-care obligations in a bid to stave off a …

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Eskom issues ‘force majeure’ to wind plants

Bloomberg Eskom Holdings SOC Ltd told operators of some independent wind-power plants that it won’t need their power at certain times of day due to lower demand amid a national shutdown. The amount of power generated from wind is at its highest when Eskom’s need is lowest, said Sikonathi Mantshantsha, a spokesman for the state-owned utility. South Africa started a …

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Europe stocks decline with US futures; dollar climbs

Bloomberg Stocks fell in Europe and Asia along with US equity futures as investors took in worsening American coronavirus figures and assessed the impact of the pandemic on corporate profits and dividends. The dollar climbed with Treasuries. Banks led the decline in the Stoxx Europe 600 index after lenders including HSBC Holdings Plc and Standard Chartered Plc halted dividends and …

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