[ad_1] FILE PHOTO: People queue inside a branch of the Mitsubishi UFJ (MUFJ) Financial Group’s bank of Tokyo-Mitsubishi UFJ in Tokyo, Japan, February 1, 2016. REUTERS/Yuya Shino/File Photo TOKYO (Reuters) – The banking arm of
EU countries to be allowed to grant subordinated debt to virus-hit firms: sources
[ad_1] BRUSSELS (Reuters) – EU countries will soon be able to grant subordinated debt to prop up virus-hit economies, people familiar with the matter said on Saturday, as state aid regulators once again loosened rules
Abu Dhabi’s Etihad extends suspension of scheduled flights to at least May 16
[ad_1] DUBAI (Reuters) – Abu Dhabi’s Etihad Airways said on Saturday it would extend its suspension of scheduled passenger flights until at least May 16 due to the coronavirus outbreak. The airline, which had aimed
PNB’s Kazakh affiliate gets lifeline from Indian lender
[ad_1] Pedestrians walk past a Punjab National Bank office in Mumbai, Indi aFebruary 21, 2018. REUTERS/Danish Siddiqui NUR-SULTAN (Reuters) – Kazakhstan’s Tengri Bank has secured a loan from its biggest shareholder, India’s Punjab National Bank,
Exclusive: India plans to fast track Chinese investments after policy change – sources
[ad_1] NEW DELHI (Reuters) – India plans to fast track the review of some investment proposals from neigbouring countries such as China following concerns new screening rules could hit plans of companies and investors, three
Air France KLM CEO: voluntary redundancies first step in cost-cutting plans
[ad_1] PARIS (Reuters) – Air France KLM Chief Executive Ben Smith was quoted on Saturday as saying that voluntary redundancies would be part of the airline’s initial cost-cutting plans, and that costs at its ‘HOP’
Italy’s Di Maio says ‘pragmatism’ comment referred to EU, not ESM
[ad_1] MILAN (Reuters) – Italy must be “pragmatic” in talks with the EU over aid tools, Foreign Minister Luigi Di Maio said on Saturday, denying that an earlier comment in a newspaper interview referred to
India and Pakistan ease coronavirus restrictions for some small businesses
[ad_1] NEW DELHI/ISLAMABAD (Reuters) – India allowed shops in residential areas to reopen from Saturday, more than a month after the country went into lockdown to curb the spread of the coronavirus, federal and state
U.S. airlines receive additional $9.5 billion in payroll support: U.S. Treasury
[ad_1] FILE PHOTO: Canceled flights are seen on an airport screen as the spread of coronavirus disease (COVID-19) continues, in New Orleans, Louisiana U.S., April 4, 2020. REUTERS/Carlos Barria/File Photo WASHINGTON (Reuters) – The U.S.
Boeing abandons $4.2 billion Embraer jetliner tie-up
[ad_1] SAO PAULO/PARIS (Reuters) – Boeing Co on Saturday pulled out of a $4.2 billion deal to buy the commercial jets division of Brazil’s Embraer, unraveling years of work on a transformative move driven by