Posted at 20:55h
in
News
by KMFSLLP
Airline seeking £500m package to see it through coronavirus crisis
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Posted at 20:15h
in
News
by KMFSLLP
Chile's budget office said on
Friday it expects the country's economy to contract by 2% in
2020, while stimulus measures will deepen the nation's fiscal
deficit to 8%, the largest gap since at least 1990.
Posted at 19:09h
in
News
by KMFSLLP
Occidental Petroleum
shareholders next month will get their first say on the oil
company's troubled acquisition of Andarko Petroleum when they
vote on issuing shares and warrants to Berkshire Hathaway
for helping finance the $38 billion deal.
Posted at 18:46h
in
News
by KMFSLLP
A British court awarded $11
million in damages and expenses on Friday to a former partner at
global accounting firm Ernst & Young who exposed money
laundering at a major gold refinery in the United Arab Emirates.
Posted at 18:42h
in
News
by KMFSLLP
India's third-largest motorbike
manufacturer TVS Motor has sealed a $20 million deal
to buy British brand Norton Motorcycles as part of a distressed
sale.
...
Posted at 18:35h
in
News
by KMFSLLP
The world's largest sovereign
wealth funds have made around $67 billion in losses so far this
year as the fallout from the coronavirus has buffeted their
major holdings.
...
Posted at 18:07h
in
News
by KMFSLLP
Portugal is preparing to
gradually lift some lockdown measures next month as the
coronavirus outbreak slows, with small neighbourhood shops,
hairdressers and childcare centres likely to be first on the
list to re-open.
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Posted at 17:58h
in
News
by KMFSLLP
During recessions, big U.S.
banks usually turn to cost-cuts to boost results. But during the
coronavirus pandemic, they are spending more by necessity and
mostly say they have no plans to dramatically alter staff levels
or budgets through the rest of 2020.
Posted at 17:57h
in
News
by KMFSLLP
In Canada's typically busy
home-selling season, wary buyers are donning masks and gloves to
view properties while realtors offer virtual tours and
coronavirus clauses as the real estate industry copes up with
the outbreak.
Posted at 17:45h
in
News
by KMFSLLP
Drinks group Campari
could become the first Italian player to enter the French
Champagne sector if it successfully concludes talks to buy
premium brand Lallier.
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