Author: KMFSLLP

Britain’s state-funded wage scheme will cost a net £54bn over the March to October period

General Electric Co on Monday tapped the planemaking head of Brazil's Embraer to run its key aircraft engines division on Monday, as the global aviation industry grapples with disruption caused by the COVID-19 pandemic.

The London Stock Exchange will not offer concessions to EU antitrust regulators reviewing its $27 billion bid for data and analytics company Refinitiv, two people familiar with the matter said, a move which will likely trigger a four-month probe.

* Deal for $56/ADS; Shares up nearly 10% (Adds details on ownership, Chinese take-private deals)

The Federal Reserve said on Monday it had opened registration for lenders interested in participating in its Main Street Lending Program, launching arguably the most complex program undertaken yet by the U.S. central bank to help keep the backbone of the economy from buckling under the strains of the coronavirus...

A small business group has launched a 40 million pound ($50 million) insurance claim against British insurer Hiscox over disputed cover for business disruption caused by the coronavirus pandemic, it said on Monday.

The toughest U.S. sanctions yet on Syria take effect this week, increasing the pressure on President Bashar al-Assad as he grapples with a deepening economic crisis after a decade of war.

Scarce dollars traded at 4300-4500 Lebanese pounds on Monday, market participants said, not far from rates seen last week when the president said the central bank would intervene to prop up the battered currency.

The Federal Reserve said on Monday it had opened registration for lenders interested in participating in the Main Street Lending Program, which will offer loans to small and medium-sized businesses affected by the pandemic.

Viability of former prime minister’s scheme put in doubt by UK’s growing criticism of Beijing