Measures support vulnerable families at the income threshold of 25,200 euros Threshold for middle-class customers set at 29,400 euros Measures include extending loan repayments for up to 7 years The actions also provide for grace periods and a freeze on repayments Plan to be finalized on Tuesday after discussions with the banks MADRID, Nov 21 …
Spain to approve mortgage support for over a million households Read More »
Costlier credit, on tighter terms as banks assess risk Some business owners use their own money to fill in the gaps Funding crisis could deal another economic blow to Britain LONDON, Nov 17 (Reuters) – As inflation soars and recession looms, many British businesses are struggling to get affordable bank finance, putting pressure on the …
As recession looms, UK businesses send SOS loans Read More »
TOKYO, Nov 6 (Reuters) – A disagreement over whether to retain management of Toshiba Corp (6502.T) after a potential takeover has caused friction between two of its suitors and is now fueling concern among banks, it said. sources, further complicating an already uncertain process. Japan Industrial Partners, the private equity firm since selected by Toshiba …
The fate of Toshiba management is a cause of friction for bidders and banks Read More »
OTTAWA/WINNIPEG, Manitoba, Oct 30 (Reuters) – In a warehouse on an industrial stretch in Ottawa, giant metal crates containing donated groceries are stacked as volunteers sort canned goods, pasta and other food for distribution to Canadian city pantries. . Demand jumped 33% at the Ottawa Food Bank from pre-COVID-19 levels, with visits up as the …
A ‘perfect storm’ is swirling as Canadians face high inflation and rising rates Read More »
Some Fed officials show willingness to slow hikes -WSJ Twitter and Meta drop after Snap ad warning AmEx and Verizon Communications fall after earnings Dow up 2.47%, S&P 500 up 2.37%, Nasdaq up 2.31% NEW YORK, Oct 21 (Reuters) – U.S. stocks surged to end the trading week on Friday after a report said the …
Wall Street ends higher as hopes of a less aggressive Fed grow Read More »
