Parker Drilling files for bankruptcy protection

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Source: Dukascopy Bank SA
Parker Drilling, the oilfield services provider, announced it had filed for the Chapter 11 bankruptcy on Wednesday under the deal with the debtor group that would allow its quick reorganisation.
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Wed, 12 Dec 2018 19:28:59 GMT

BHP drops $320M sale of Chile's Cerro Colorado

On Wednesday, BHP stated it had called off the sale of Chile's copper mine Cerro Colorado, valued at $320M, to the private equity group EMR Capital due to financing problems.

Wed, 12 Dec 2018 17:50:01 GMT

Germany considers Deutsche Bank and Commerzbank merger

The German government is in the process of negotiating a possible merger between Commerzbank and Deutsche Bank. The market started buying DB stock, as the Deutsche Bank's performance has been lacking since the crash of 2008.

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