India's RBI Sets Debt Revamp Rules for Pandemic-Hit Firms

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India's RBI Sets Debt Revamp Rules for Pandemic-Hit Firms

(Bloomberg) — Lenders will have to consider issues such as liquidity and debt-servicing ratios when preparing restructuring plans for loans that have soured due to the coronavirus pandemic, the Reserve Bank of India said following recommendations from an …
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Amazon starts work with driverless delivery team in Cambridge

Amazon is setting up a new team in Cambridge to develop its self-driving delivery robots, hiring dozens of new engineers as part of a major expansion across the UK. The US company said the team would be based at its Cambridge development centre, …
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Should I combine my mortgage and student loans?

If you’re a homeowner and still paying off student loans, it might be tempting to simultaneously consolidate your debt and take advantage of low interest rates by refinancing your mortgage, taking out cash and and using that to pay off your education debt.
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Crescent Point shares jump on restored oil production and increased guidance

CALGARY — Shares in Crescent Point Energy Corp. rose Tuesday as investors and analysts applauded its decision to restart oil and gas production shut down when energy prices crashed earlier this year. The Calgary-based company’s stock rose by as …
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US tech firm PEAK6 to create 160 NI jobs at new Belfast base

A US-headquartered technology and investment firm is to establish a centre of excellence in Belfast with a plan to create 160 new jobs. Invest Northern Ireland has offered more than £1m of support for PEAK6, which aims to have the roles in place over the …
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