Hints and tips:
...The New Jersey-based company said the purchase of Vogue International, the company behinds OGX brand of shampoos and FX styling products, would strengthen its “global presence in this important category”...
...In 2013, Vogue was forced to rename its Organix brand of products as OGX because of litigation that the shampoo did not meet California standards for marketing its products as organic....
...Public prosecutors allege Batista used Twitter in 2013 to boost the share price of his oil company, OGX, by encouraging his followers to invest in it, just as he was secretly selling his own shares....
...Mexico’s historic energy reform has opened the door to private investment in the oil and gas sector after nearly 80 years of a state monopoly under Pemex....
...Among other allegations, prosecutors claim Mr Batista used Twitter to boost the share price of his oil company OGX by encouraging his followers to invest in the company, just as he was secretly selling his...
...The sudden exit of independent directors has preceded negative events at other companies in Brazil — the independent directors of OGX, the oil flagship of former Brazilian billionaire Eike Batista, fled...
...OGX filed for bankruptcy five months later, triggering the largest corporate default in Latin America, the collapse of Mr Batista’s oil and mining empire and wiping of more than $30bn off Brazil’s stock...
...But he went bust when his flagship oil company, OGX, revealed its fledgling oil wells were duds....
...OGX filed for bankruptcy five months later, prompting the collapse of his oil and mining empire and wiping more than $30bn off the stock market....
...But he went bust after his flagship oil company, OGX, revealed that its fledgling oil wells were duds....
...Mr Batista’s lawyers focused their attacks on Mr Valporto, saying he could not be an independent witness as he had lost money from OGX....
...The accusations were made as part of a criminal action against the former oil and gas tycoon, whose empire imploded last year in Latin America’s largest bankruptcy, with prosecutors attempting to seize R...
...Prosecutors have accused the 58-year-old of using privileged information to sell shares in OGX and his shipbuilder OSX last year....
...The lawsuit, filed in the Supreme Court of the State of New York, alleges Deutsche Bank, the trustee of $3.6bn of defaulted notes issued by OGX Oleo e Gas Participações, favoured majority bondholders in...
...As well as Ms Graças Foster, Petrobras’s chief financial officer Almir Barbassa and the heads of exploration, refining, engineering, and gas and energy resigned....
...“Flamengo was part of my life before I was even born,” jokes the former right-hand man of Eike Batista, the Brazilian oil and gas tycoon, from his office overlooking Rio’s Sugarloaf Mountain....
...CVM did not comment on the investigation but said that it had opened several probes into Óleo e Gás Participações, formerly known as OGX, following complaints from investors....
...Óleo e Gás Participações, formerly known as OGX, submitted the plan to a court in Rio de Janeiro on Friday following agreements with holders of $3.8bn in bonds in December and February....
...plan released late on Wednesday, prosecutors concluded that it contains an illegal clause that exempts the Brazilian tycoon from a contract he signed in 2012 to inject $1bn into OGpar, formerly known as OGX...
...The most recent Latin American default was Brazilian energy company OGX Petroleo and Gas, which filed for bankruptcy protection in October after negotiations with bondholders failed....
...Meanwhile, the corporate sector reeled from news of the bankruptcy of Eike Batista’s oil company OGX, which triggered Latin America’s largest-ever corporate default....
...The tycoon’s oil company, which changed its name from OGX to Óleo e Gás Participações last week, finally filed for bankruptcy protection in October after more than a year of production disappointments....
...(GE), which in July said it wrote down a $300 million investment in Batista’s holding company, and seamless steel pipe maker Tenaris SA (TEN) are also among suppliers to OGX, according to data compiled by...
..., renamed Óleo e Gas Participações under the new arrangements....
International Edition