Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Saudi King Salman: G20 leaders must work towards equitable access to COVID-19 vaccines
DUBAI (Reuters) - Saudi Arabia's King Salman said in his opening remarks to G20 leaders on Saturday that they must work towards affordable and equitable access to vaccines and other tools to combat th...
Nov 21, 2020
Saudi FDI up in first half of 2020 as economy shows resilience, minister says
RIYADH/DUBAI (Reuters) - Saudi Arabia's Minister of Investment Khalid al-Falih said on Saturday foreign direct investment (FDI) increased by 12% in the first half of 2020 compared with the same period...
Nov 21, 2020
Malaysia Airlines seeks aid from wealth fund Khazanah, creditor talks continue
KUALA LUMPUR (Reuters) - Malaysia Airlines' parent company has sought financial aid from its sole shareholder, the nation's sovereign wealth fund, as debt restructuring talks with creditors drag on, t...
Nov 21, 2020
Ratings downgrades will raise South Africa’s borrowing costs – minister
By Promit Mukherjee JOHANNESBURG (Reuters) - South Africa's finance ministry said on Saturday credit ratings downgrades by Moody's and Fitch would increase the country's borrowing costs and constrain ...
Nov 21, 2020
COVID-19 exposed Kenya’s debt vulnerability though measures helped – IMF
By Omar Mohammed NAIROBI (Reuters) - COVID-19 has exposed Kenya's debt vulnerabilities though official measures including monetary policy easing have helped shield the economy from the impact of the p...
Nov 21, 2020
Exclusive: Italy picks Bank of America and Orrick to advise on MPS privatization, sources say
By Giuseppe Fonte, Pamela Barbaglia and Valentina Za ROME/LONDON/MILAN (Reuters) - Italy has picked Bank of America and Orrick as financial and legal advisers to help the Treasury secure a merger deal...
Nov 21, 2020
Saudi Arabia plans to launch special economic zones in 2021, minister says
DUBAI (Reuters) - Saudi Arabia's Minister of Investment Khalid al-Falih said on Saturday the Gulf state plans to launch special economic zones in 2021. Speaking to a G20 panel, Falih also said the kin...
Nov 21, 2020
Delta, WestJet scrap planned joint venture after U.S. demands
By David Shepardson WASHINGTON (Reuters) - Delta Air Lines and Canada's WestJet said late on Friday they had scrapped a proposed U.S.-Canada joint venture after the U.S. government demanded changes th...
Nov 20, 2020
G20 to discuss post-pandemic world, back debt relief
By Jan Strupczewski BRUSSELS (Reuters) - Leaders of the 20 biggest world economies (G20) will debate this weekend how to deal with the unprecedented COVID-19 pandemic that has caused a global recessio...
Nov 20, 2020
G20 determined to use all tools to contain pandemic, save jobs, incomes
By Jan Strupczewski and Andrea Shalal BRUSSELS/WASHINGTON (Reuters) - G20 nations are determined to continue doing everything possible to contain the COVID-19 pandemic, warning in a draft communique t...
Nov 20, 2020
Fri Jun 26
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