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IMF's chief economist urges 'equity-like' governments support for virus-hit firms
International Monetary Fund Chief Economist Gita Gopinath said on Friday governments must shift to “equity-like” support from one focused on liquidity provision as the coronavirus pandemic inflicts prolonged harm on companies.
UK government under fire for cheap loans to big firms
The UK government has been criticized for handing out more than £16 billion in cheap loans to well-known firms such as John Lewis and Tottenham Hotspur.
More UK banks join scheme to help virus-hit small firms
Britain has approved four new lenders to offer government-backed loans to struggling small businesses damaged by the coronavirus outbreak, under the multibillion pound Coronavirus Business Interruption Loan Scheme (CBILS).
Europe's top firms must double low-carbon investment: Study
Europe’s top companies need to more than double their current level of spending on low-carbon projects to meet the European Commission’s flagship goal of ‘climate neutrality’ by 2050, according to a report released on Tuesday.
Millions of Chinese firms face collapse if banks don’t act fast
Brigita, a director at one of China’s largest car dealers, is running out of options. Her firm’s 100 outlets have been closed for about a month because of the coronavirus, cash reserves are dwindling and banks are reluctant to extend deadlines on billions of yuan in debt coming due over the next few months. There are also other creditors to think about.
Singapore lists 109 firms that must report quarterly earnings
Singapore Exchange Ltd. published a list of firms that are now required to provide quarterly earnings reports based on its risk-based approach, a few weeks after the city-state scrapped the requirement for most companies.
US firms rush to euro debt markets
US companies are flocking to borrow in euros and their record issuance is breathing life into a market where yields have been hammered by the European Central Bank’s renewed stimulus push.
Envoy: Japanese firms very optimistic about Iran's future
Japan's ambassador to Tehran said on Monday that the volume of trade exchange between Tehran and Tokyo is not enough, stressing that Japanese companies are very optimistic about Iran's future and to the same reason they are present in the country.
Japan activism rises as firms go hostile, investors speak up
Record shareholder activism is combining with rare hostile takeover bids in Japan, in a trend that’s seen as good news for investors in the country’s $6.2 trillion stock market.
UK firms urge Brazil to stop Amazon deforestation for soy production
Tesco, Sainsbury’s, Asda and the UK’s largest asset manager are among 67 major companies and investors who have written to Brazil’s far-right president, Jair Bolsonaro, urging his government to stop further deforestation of the Amazon for soy production.
Ex-Vienna mayor encourages Austrian firms to boost trade with Iran
The former mayor of Vienna, Michael Häupl, criticized Washington's hostile policies against Tehran, stating that Austrian companies should show greater courage in trade with Iran.
Chinese firms stung by trade war build up domestic brands
For over a decade, manufacturer Matsutek plied away at building its business with big Western brands, supplying firms such as Philips and Honeywell with products made in its Chinese factories for the US and other overseas markets.
UAE firms scout trade at Syria fair, defying US pressure
A delegation of at least 40 businessmen from the United Arab Emirates attended a state-backed trade fair in Syria’s capital, defying US warnings against doing business with the Syrian government.

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