[ad_1] South Africa’s National Treasury is considering whether a cash injection is needed to fully fix state port and rail company Transnet SOC Ltd., Finance Minister Enoch Godongwana said. Derailments,…
Tag: bailout
Never said Italy would ratify ESM says Giorgetti – Business – Ansa.it
[ad_1] Economy Minister Giancarlo Giorgetti on Wednesday denied saying that Italy would ratify the reformed European Stability Mechanism (ESM), the EU’s bailout fund that the Italian parliament refused…
Credit Suisse take over is commercial solution, not a bailout: Karin Keller-Sutter, Switzerland FM
[ad_1] Banking giant UBS is buying troubled rival Credit Suisse for almost $3.25 billion, in a deal orchestrated by regulators in an effort to avoid further market-shaking turmoil in the…
Credit Suisse take over is commercial solution, not a bailout: Karin Keller-Sutter, Switzerland FM – The Economic Times Video
[ad_1] Banking giant UBS is buying troubled rival Credit Suisse for almost $3.25 billion, in a deal orchestrated by regulators in an effort to avoid further market-shaking turmoil in the…
Swiss Are On the Hook for $13,500 Each on Credit Suisse Bailout
[ad_1] Switzerland’s tab for shoring up its reputation as a financial center could run to 12,500 Swiss francs ($13,500) for every man, woman and child in the country. To backstop…
Daniel Křetínský pushes French retailer Casino to offload stores before bailout
[ad_1] Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Daniel Křetínský has pushed Casino’s management to sell the…
Ofori-Atta optimistic Ghana will reach a deal with China by next week for IMF to approve $600m bailout package – MyJoyOnline
[ad_1] The Finance Minister, Ken Ofori Atta, has admitted concerns about the cut-off date for the external debt restructuring, saying, it is delaying the International Monetary Fund Board meeting on…
How Lakshmi Mittal’s brother got a $500m Nigerian bailout
[ad_1] Billionaire Lakshmi Mittal’s younger brother is effectively getting a helping hand — and a possible way out of financial distress — from Nigerian taxpayers, after the country’s government agreed…
Post Office BRPs want R3.8bn bailout, major staff cuts and branches cut by nearly half | Business
[ad_1] The Post Office’s business rescue practitioners (BRPs) have proposed “right-sizing” the insolvent state-owned entity by cutting around 420 branches and axing 6 000 staff. South Africans need to be…
Greek state bank bailout fund sells 9 per cent of Alpha bank to Unicredit | Cyprus Mail
[ad_1] Greek state bank bailout fund sells 9 per cent of Alpha bank to … Cyprus Mail [ad_2] Source link