Browsing Category
Pet Market
Small business loan website crashes after “high volume application”
Thousands of small businesses in California are on the verge of failure - and desperately need some quick buck from the federal government to keep them alive. However, it found that many loan applications were put on hold when government…
United and Delta Weigh are selling miles early to raise cash in the coronavirus crisis
U.S. airlines have pawned gates, flight routes, and pretty much any asset they could find in the back of a hangar to protect the weather the corona crisis. Now they are considering selling Miles in bulk to their credit card…
Exclusive: GFG secured Trafigura loan by offering aluminum at a discount – Quellen
By Clara Denina, Pratima DesaiLONDON (Reuters) - Sanjeev Gupta's GFG Alliance secured a loan from Trafigura in 2018 by entering into a six-year contract to sell aluminum to the commodity trader at a discount to market prices, two sources…
Exclusive: Air France-KLM in talks about a government-supported loan package worth several billion…
By Laurence Frost, Anthony GermanPARIS / AMSTERDAM (Reuters) - Air France-KLM is in talks with banks to obtain loans guaranteed by the French and Dutch governments of up to 6 billion euros ($ 6.5 billion) as the Airline group prepared for…
Delta Air is facing headwinds in meeting its cash burn targets
Summary
delta has increased its fair share of cash since the beginning of the COVID-19 pandemic and believes it is well positioned to handle the debt due over the next 18 months.
There is no certainty that delta will ultimately achieve its…
GOL is repaying its Delta-sponsored $ 300 million loan
GOL Linhas Aereas announced today that it has fully repaid the $ 300 million loan it took out in 2015, plus accrued interest. US airline Delta Air Lines guaranteed the loan. Last week, some financial analysts pointed out that low-cost…
The Scottish government will lose cash in loans to Prestwick Airport, Ferguson Marine and BiFab.…
Ministers will lose most of the £ 120million in taxpayer dollars they spent bailing out three troubled Scottish companies - as they confirmed they have made no financial return on their huge loan bailout.
The loans…
Chinese citizen, head of “unauthorized” instant loan apps, arrested at Delhi airport
Apps viewed on a phone | Representative image | Dhiraj Singh | Bloomberg
Text size:
A-
A +
Hyderabad: Two other people, including a Chinese national, were arrested Wednesday as part…
AT&T announces $ 5.5 billion loan, may announce impending layoffs
Randall Stephenson, Chairman and CEO of AT&T (Photo by Amir Levy / Getty Images)
Getty Images
Top line: AT&T was already heavily in debt before the pandemic, announced a new $ 5.5 billion loan and said it…
Bombardier secures up to $ 1 billion in loans, calls for improved cash use, stocks rise
(Reuters) - Bombardier Inc. BBDb.TO said Wednesday it had secured a loan of up to $ 1 billion and used $ 500 million less than estimated cash in the second quarter, signaling that it would have enough cash to meet the COVID-19 Surviving…