Posted at 20:13h
in
News
by KMFSLLP
The platform the U.S. Small
Business Administration uses to process relief loan applications
from small businesses crashed for several hours Monday,
according to three banking sources.
...
Posted at 20:08h
in
News
by KMFSLLP
U.S. insurer Allstate Corp said
on Monday it would return more than $600 million in auto
insurance premiums to customers as many Americans drive less due
to "shelter-in-place" orders to curb the coronavirus outbreak.
Posted at 20:03h
in
News
by KMFSLLP
The Federal Reserve on
Monday moved to bolster a new small-business lending program by
allowing banks to turn those loans over to the U.S. central bank
for cash, easing concerns among banks about getting stuck
holding the low interest loans.
Posted at 19:58h
in
News
by KMFSLLP
Landlords across Canada should
brace for rent strikes in May unless the government steps in
with rental subsidies for occupants as the outbreak of new
coronavirus decimates wages, industry groups and tenants said on
Monday.
Posted at 19:56h
in
News
by KMFSLLP
Bulgaria can raise up to 10
billion levs ($5.52 billion) this year, almost five times more
than initially planned to alleviate the economic impact of the
coronavirus pandemic and finance an expected its fiscal gap, the
parliament decided on Monday.
Posted at 19:52h
in
News
by KMFSLLP
The Milken Institute said on Monday its
global conference has been pushed back again to October from
July as the coronavirus pandemic continues to spread across the
United States.
...
Posted at 19:50h
in
News
by KMFSLLP
Germany's Lufthansa is
working on a package to raise money from the debt and equity
markets to help see it through the coronavirus pandemic that has
caused the collapse of passenger flights, two sources familiar
with the matter said.
Posted at 19:44h
in
News
by KMFSLLP
* Rome bolsters special powers to halt foreign takeovers
(Adds details and background)
...
Posted at 19:24h
in
News
by KMFSLLP
South Africa's central
bank said on Monday it was advising banks not to distribute
dividends and put bonuses for senior executives on hold, joining
its peers around the world in asking lenders to cancel
shareholder returns amid the coronavirus outbreak.
Posted at 19:16h
in
News
by KMFSLLP
Memo to senior London doctors points to damage virus can do to other organs and strain on intensive care
...
