REUTERS: California power company PG&E Corp, which filed for bankruptcy last month because of potential liabilities from wildfires in the state, recorded a US$10.5 billion charge related to 2018 Camp Fire, the company said in a filing on Thursday.
PG&E also said it would take an additional US$1 billion charge related to 2017 Northern California wildfiresFederal filings showed on Wednesday the power utility had delayed a safety overhaul of a high-voltage transmission line, a prime suspect behind the deadliest wildfire in California's history.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Saudi Arabia strikes US$10 billion China deal, talks de-radicalisation with XiState-owned oil company Saudi Aramco signed a US$10 billion deal to build a refining and petrochemical complex in China on Friday (Feb 22), as ... How about the deal with Indonesia? Nope.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Saudi Aramco signs US$10b China refinery dealSTATE-OWNED oil company Saudi Aramco signed a US$10 billion deal to build a refining and petrochemical complex in China on Friday, as Saudi Crown Prince Mohammed bin Salman wrapped up a two-day trip to Beijing. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Equifax says US regulators seek damages related to 2017 breachCredit reporting company Equifax Inc said it was informed by several U.S. regulators that they intend to seek damages from the company related to ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »