Posted at 14:48h
in
News
by KMFSLLP
India expects bad debts
at its banks could double after the coronavirus crisis brought
the economy to a sudden halt, a senior government official and
four top bankers told Reuters.
...
Posted at 14:03h
in
News
by KMFSLLP
Norwegian Air said on
Sunday it had secured support from enough bondholders for a $1.2
billion debt-for-equity swap, a vital step in helping it survive
the coronavirus crisis.
...
Posted at 13:44h
in
News
by KMFSLLP
The U.S. Small Business Administration has
processed over 3.8 million loans for more than half a trillion
dollars since the launch of the Paycheck Protection Program on
April 3 to deal with the economic fallout of the coronavirus
outbreak, according to a joint statement by the SBA and the
Treasury...
Posted at 13:02h
in
News
by KMFSLLP
* He denounces "inhumane" security forces for arresting
staff
...
Posted at 13:00h
in
News
by KMFSLLP
Only one in five commuters in
mass transit-dependent New York City will be able to reach their
office under the six-foot social distancing protocol due to the
coronavirus pandemic, according to commercial real estate broker
Savills Plc.
Posted at 12:14h
in
News
by KMFSLLP
Germany's
Thyssenkrupp expects the coronavirus crisis to cause a
new financial squeeze, scuppering hopes that selling its
elevator business would deliver a swift cash respite for the
embattled firm, its management board told staff in a letter.
Posted at 12:00h
in
News
by KMFSLLP
Steak house favoured by City of London traders says restaurants need more state help
...
Posted at 11:29h
in
News
by KMFSLLP
FT City Network figures say health needs of the UK must be prioritised
...
Posted at 11:00h
in
News
by KMFSLLP
UK will urge people to find alternatives to public transport as they return to work
...
Posted at 10:25h
in
News
by KMFSLLP
Sanctions-hit Syrian tycoon Rami
Makhlouf on Sunday said that security forces are arresting
employees at his diversified companies in what he said were
"mounting pressures" on him days after Syrian authorities asked
him to repay hefty taxes.