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[NEW YORK] Real estate mogul Hui Ka Yan's vast wealth has soared by US$13.2 billion since late March, thanks in part to a wave of stock buybacks that sparked a 101 per cent gain for his Chinese proper
Europe’s auto industry will be the hardest hit by the coronavirus crisis, but sales loss projections for 2020 are being scaled back a bit from the highs of over minus 30% of last month. Carmakers wi
Ratings agencies S&P Global Ratings and Moody’s Investors Service each endorsed MaineHealth with strong credit ratings.
Aeromexico is the third major Latin American carrier to file for bankruptcy this year
Akbank, one of Turkey’s largest private lenders, has sold $500mn worth of USD-denominated senior unsecured eurobonds abroad. They are due February ...
With Canada having lost its AAA rating, things might look gloomy. Investors with a long-term investment horizon should consider investing in a stock like Brookfield Renewable for its gains.
Canada’s economy is expected to contract 5.9 per cent in 2020 before expanding to 5.4 per cent next year, senior economist Satyam Panday said in a report.
(Bloomberg) — S&P Global Ratings revised its projections on Canada’s economic and fiscal outlook for 2020 and next year while maintaining its top credit rating on the nation’s…

The V-shaped economic recovery is just an illusion

02:00pm, Wednesday, 01'st Jul 2020
What we are witnessing now is the economic equivalent of a person's bounce off a trampoline after a 1,000-foot cliff dive.
Moody’s Investors Service says its didn’t take any ratings action on Colombia, contradicting statements by the government that it affirmed the nation’s Baa2 credit rating on Tuesday.
Instead of attacking the aircraft maker, Europe’s governments should be grateful that its finances were in decent shape before Covid-19 appeared.
Neenah, Inc. has entered into a term loan credit agreement, providing a term loan B facility of seven years in the amount of $200 million. Neenah also announced that it is calling its outstanding 2021
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