Tag: finance

COLUMBUS, Ohio, May 18, 2021 /PRNewswire/ — Summer travel is officially on, with 67% of Americans planning to take a much-needed and well-deserved vacation between June and August this year.* To help travelers get back into the driver’s seat, Red Roof®, the leader in economy lodging, has launched ‘Rest + Repeat,’ the perfect summer offer that gives…

Norwegian Air’s (NORR.OL) court-ordered debt reconstruction plan is now legally binding, and the airline expects to complete its financial rescue as planned on May 26, it said on Tuesday. No creditors have filed appeals against the scheme, which was overseen by courts in Norway and Ireland, and the plan is now final and binding, Norwegian…

Japan’s economy has potential to recover though the government will be vigilant to the impact new state of emergency curbs could have on the outlook, Economy Minister Yasutoshi Nishimura said on Tuesday. “The government will act flexibly as needed, tapping into reserves (set aside for COVID-19 response) with a close eye on the pandemic and…

Japan’s biggest lender, Mitsubishi UFJ Financial Group (MUFG) (8306.T) said it will aim for net zero emissions in its finance portfolio by 2050, responding to pressure to align its business with the targets set in the Paris Agreement on climate change. The bank will also join the United Nations’ Net-Zero Banking Alliance and be the…

© Reuters. FILE PHOTO: A man counts notes after receiving the new Sudanese currency at a central bank branch in Khartoum July 24, 2011. REUTERS/ Mohamed Nureldin Abdallah/File Photo PARIS (Reuters) – Sudan hopes to entice investors and secure pledges to pay off its arrears to the International Monetary Fund at a conference in Paris…

Sudan hopes to entice investors and secure pledges to pay off its arrears to the International Monetary Fund at a conference in Paris on Monday, paving the way for wider relief on external debt of at least $50 billion. Sudan built up huge arrears on its debt, but recently made rapid progress towards having much…

A country mission of the International Monetary Fund said on Friday that Ghana has managed its COVID-19 outbreak very effectively and its economy is rebounding with the support of strong policies.

© Reuters. BBVA bank logo is pictured in Bogota, Colombia February 14, 2020. REUTERS/Luisa Gonzalez By Pete Schroeder WASHINGTON (Reuters) – The U.S. Federal Reserve said on Friday it had approved the acquisition of the U.S. operations of Spanish lender BBVA (MC:BBVA) by PNC Financial Services Group Inc (NYSE:PNC), clearing the way for a deal…

GUANGZHOU, China, May 13, 2021 /PRNewswire/ — CNFinance Holdings Limited (NYSE: CNF) (” CNFinance” or the ” Company”), a leading home equity loan service provider in China, today announced that it will hold its annual general meeting of shareholders (the ” AGM”) at 44/F, Tower G, No. 16 Zhujiang Dong Road, Tianhe District, Guangzhou City, Guangdong Province 510620, People’s Republic of…

© Reuters. FILE PHOTO: Bank of Canada Governor Tiff Macklem arrives to a news conference in Ottawa, Ontario, Canada September 10, 2020. REUTERS/Blair Gable/File Photo/File Photo By Julie Gordon and David Ljunggren OTTAWA (Reuters) -If the buoyant Canadian dollar continues to rise it could create headwinds for exports and business investment as well as affecting…