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  • April 2- A U.S. bankruptcy judge on Wednesday approved Detroit's plan to borrow $120 million from Barclays PLC to improve services in the cash-strapped city. Judge Steven Rhodes, who is overseeing Detroit's historic bankruptcy case, overruled objections by city creditors who took issue with the timing and structure of the loan.

  • April 2- A plan being discussed to reorganize power company Energy Future Holdings Corp will all but wipe out the investments of owners KKR& Co, TPG Capital and Goldman Sachs Capital Partners, Bloomberg reported.

  • April 2- A plan being discussed to reorganize Energy Future Holdings Corp will all but wipe out owners KKR& Co, TPG Capital and Goldman Sachs Capital Partners, Bloomberg reported, citing three people with direct knowledge of the negotiations.

  • *Apple interested, could pay 500 bln yen by summer- Nikkei. TOKYO, April 2- Renesas Electronics Corp is talking with Apple Inc and other potential buyers of a stake in a smartphone display chip unit, as the struggling Japanese chipmaker restructures its business around the automotive industry, said a person familiar with the matter.

  • *BP blames competition from mega-refineries in Asia. SYDNEY, April 2- BP is ceasing production at its Bulwer Island refinery in Brisbane, Australia by mid 2015, blaming competition from new mega-refineries in Asia that are cheaper to operate.

  • NEW YORK, April 1- Textbook publisher Cengage Learning has ended its nine-month bankruptcy, emerging from Chapter 11 after reducing its $5.8 billion debt by more than two-thirds. In a statement on Tuesday, Stamford, Connecticut- based Cengage said it cut $4 billion in debt and secured $1.75 billion in new loans to fund its bankruptcy exit.

  • NEW YORK, April 1- Textbook publisher Cengage Learning has ended its nine-month bankruptcy, emerging from Chapter 11 after reducing its $5.8 billion debt by more than two-thirds. In a statement on Tuesday, Stamford, Connecticut- based Cengage said it cut $4 billion in debt and secured $1.75 billion in new loans to fund its bankruptcy exit.

  • HELSINKI, April 1- Finnish retailer Stockmann is freezing plans to open more department stores in Russian cities due to the uncertainty caused by the Crimean crisis, the company's chief executive said on Tuesday. Expansion in Russia had been one of the firm's strengths over the past decade.

  • NEW YORK, March 31- Investor Phil Falcone, whose Harbinger Capital Partners owns bankrupt wireless company LightSquared, on Monday said he always intended to cut the debt claims of LightSquared's largest creditor, Dish Network Corp Chairman Charlie Ergen.

  • Top Texas energy company on verge of bankruptcy Friday, 28 Mar 2014 | 3:57 PM ET

    March 28- Leading Texas power company Energy Future Holdings is widely expected to file for bankruptcy in the coming days, the victim of a record-breaking buyout that piled it with debt just as prices for its electricity plunged.

  • TOKYO, March 28- A deadline for a court-mandated investigation into why bitcoin exchange Mt. The Tokyo District Court had set a Friday deadline for Nobuaki Kobayashi, a partner at Nagashima Ohno& Tsunematsu, to report on his investigation into the collapse last month of what was once the world's largest bitcoin exchange.

  • SAN DIEGO, March 27- Hundreds of potential buyers are bidding on tons of tools, equipment and odds-and-ends from a shuttered Southern California nuclear plant, as a utility proceeds with decommissioning it.

  • REUTERS SUMMIT-SIAM CEMENT AIMS TO DOUBLE INDONESIA, MYANMAR CAPACITY WITHIN 5 YEARS OF NEW PLANT OPENINGS.

  • March 26- Texas power generator Energy Future Holdings Corp is in last-minute talks with creditors to reach a debt-restructuring deal and may consider delaying the filing of its annual report, two sources told Reuters. EFH, formerly TXU Corp, was the largest generator in Texas before a $45 billion buyout in 2007..

  • March 26- Texas power generator Energy Future Holdings Corp is making a last ditch effort to reach a debt-restructuring deal with creditors before it seeks bankruptcy protection, the Wall Street Journal said, quoting sources familiar with the matter. EFH, formerly TXU Corp, was the largest generator in Texas, before a $45 billion buyout in 2007..

  • NEW YORK, March 26- Former employees of Spirit Aerosystems Holdings Inc, a major supplier to plane makers Boeing and Airbus, filed charges with federal agencies on Wednesday alleging that Spirit illegally used health care information to target those who were costing the company most for layoffs.

  • March 26- Global Geophysical Services Inc, a provider of seismic data to oil and gas companies, filed for bankruptcy due to heavy debt and said it was seeking court approval for $60 million in debtor-in-possession financing. The company and some of its units made a Chapter 11 filing in the U.S. Bankruptcy Court in Corpus Christi, Texas.

  • *Hyundai says to sign deal on Chongqing plant on Thursday. "Considering China's future demand growth outlook, we need to build a new plant to maintain our stable market share of 10 percent in China," Hyundai said in a statement on Wednesday.

  • *Hyundai seeks to build plant in Chongqing. Group chairman Chung Mong- koo will sign a preliminary deal on Thursday with the government of Chongqing city, where the proposed plant will be located, Hyundai said in a statement.

  • SEOUL, March 26- Hyundai Motor group chairman Chung Mong- koo plans to sign a preliminary deal on Thursday to build the automaker's fourth auto manufacturing plant in Chongqing, China, the company said.