Author: KMFSLLP

Energy major uses private Aberdeen clinic while government struggles with supplies

General Electric Co offered on Monday to buy back at least $9 billion in debt as part of a plan to cut its financial risk and manage liquidity in response to the downturn in business caused by the coronavirus pandemic.

Grants, not just loans, should form part of support during pandemic

Premier League club reverses decision affecting non-playing staff during shutdown

Blackstone Group Inc said on Monday it would invest $2 billion in Alnylam Pharmaceuticals Inc through an equity-and-debt deal, giving the drugmaker a financial boost without tapping into currently volatile stock markets for funds.

Mexico's economy is seen shrinking 7.6% in 2020 as "the Mexican policy response to the coronavirus is among the weakest anywhere in the world" and top trade partner the United States is also seen contracting, Swiss bank UBS said in a note to clients on Monday. (Reporting by Abraham Gonzalez;...

Israel's short-term interest rate reduction last week was part of a series of policy steps as the damage to the economy from the coronavirus epidemic became evident, Bank of Israel Deputy Governor Andrew Abir said on Monday.

Read More

General Electric Co said on Monday it used part of the $20 billion in proceeds from the sale of its biopharma business to cut debt.

Sudan's government will purchase 200,000 tonnes of wheat in a deal with the United Nations' world food programme, the finance ministry said on Monday, in a bid to bolster strategic reserves amid the coronavirus pandemic.

Brazilian infrastructure company Triunfo Participacoes e Investimentos SA said on Monday its subsidiary Concebra had asked transport regulator ANTT to re-auction its toll road rights, citing a "dramatic change in the economic scenario".