Embattled Mirant seeks third bankruptcy extension

Mirant, the beleaguered energy trading group, has asked for more time to file a rescue plan for its business. It is the third extension plea the company has issued since it went into Chapter 11 bankruptcy protection last year.

The group filed a request to the US bankruptcy court on Monday to extend its exclusivity period for a further 90 days over the present deadline of December 31.

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Europe Draws Up Retaliatory Tariffs for U.S. Goods in Case No Trade Deal Is ReachedExternal link

Europe Draws Up Retaliatory Tariffs for U.S. Goods in Case No Trade Deal Is Reached