BUSINESS

Revlon products are seen for sale in a store in Manhattan, New York City, U.S., June 29, 2022.

Revlon Gets Court Approval For $1.4 Billion Bankruptcy Loan

Revlon Inc received a U.S. bankruptcy judge's permission on Monday to proceed with a $1.4 billion loan, over an objection by junior creditors who argued that its onerous terms could block their chance to recover anything from the cosmetic company's bankruptcy.

Einhorn's Greenlight Takes Stake In Twitter - Letter

The Twitter logo is shown on a smartphone in front of a displayed stock graph in in this April 29, 2015 photo illustration.
Hedge fund Greenlight Capital said it took a new stake in Twitter last month as the social media company sued to force Elon Musk to buy the company even as the billionaire entrepreneur said he has changed his mind about the deal.
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Memory chips by South Korean semiconductor supplier SK Hynix are seen on a circuit board of a computer in this illustration picture taken February 25, 2022.

U.S. Considers Crackdown On Memory Chip Makers In China

The United States is considering limiting shipments of American chipmaking equipment to memory chip makers in China including Yangtze Memory Technologies Co Ltd (YMTC), according to four people familiar with the matter, part of a bid to halt China's semiconductor sector advances and protect U.S.
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, February 15, 2022.

European Shares Rise As Banks, HSBC Offset Weak Data

European shares edged up on Monday as a jump in banking stocks after HSBC's strong results offset fears of a global economic slowdown fanned by disappointing Chinese economic data and figures showing contraction in euro zone manufacturing activity.

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