The coronavirus pandemic spurred a turn toward nationalism around the world. Now banks are in the vanguard of the movement, central to government rescue efforts in the face of the worst recession since the Great Depression. Intesa Sanpaolo SpA …
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DETROIT (AP) — Johnny Gyergyou has been selling his farm’s meat, poultry and eggs at a Detroit farmers market for more than a decade, but like many of his regular shoppers, he’s been staying home in recent weeks to wait out the coronavirus crisis.
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Norwegian Air Shuttle ASA reached an agreement with bondholders and lessors to swap debt for equity, taking the airline one step closer to securing the state loan guarantees needed to keep the struggling carrier afloat. Such loan guarantees were “crucial to …
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MELBOURNE (Reuters) – France’s Total SA is seeking to expand its power retailing business in Australia from the middle of this year as part of a global plan to sell electricity to 9 million sites by 2023. Total already sells power to the Gladstone liquefied natural …
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New York/Hong Kong (CNN Business) Asian markets and US stock futures are falling Monday as trade war-era geopolitical tensions return to the forefront of investors’ minds. Hong Kong’s Hang Seng Index (HSI) tumbled 3.8%, while South Korea’s Kospi …
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