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Renault seeks state-backed loan to build cash buffer
Renault is in talks with the French government to secure a state-backed loan worth several billion euros to shore up its liquidity during the coronavirus pandemic, the French carmaker said on Thursday......»»
Futures Fade After Trump Says "Not Ready For Deal With China", Autos Jump On Fiat Deal
With the US and UK closed for holiday, European shares rose on Monday led by automaker stocks following confirmation of merger talks between Fiat Chrysler and Renault, which sent the two companies surging... ... and after E.....»»
PG&E shares jump after Citi upgrades and says the stock could double despite bankruptcy filing
Investors should buy embattled utility PG&E as lawmakers work toward a deal with the state's electric and gas providers, Citi says......»»
France, Brussels agree on Air France-KLM refinancing: minister
The French government has reached the outline of a deal with the European Commission on a state-backed refinancing package to help strengthen Air France-KLM’s balance sheet, Finance Minister Bruno Le Maire said on Sunday......»»
RedBall Acquisition Shares Fall As Boston Red Sox SPAC Deal Looks To Have Failed
A Billy Beane-backed SPAC has been linked a stake in Fenway Sports Group dating back to August. That deal has now fallen apart. read more.....»»
: EasyJet lands $1.87 billion state-backed loan as it looks to ease COVID cash crunch
Renewed COVID-19 lockdowns have heaped more pressure on already struggling airlines......»»
Adidas plans a multi-billion bond to replace state loan: Manager Magazine
German sportswear firm Adidas plans a multi-billion euro bond so that it no longer needs the state-backed loan it agreed to take earlier this month to help it get through the coronavirus crisis, Manager Magazine reported on Thursday......»»
Portugal"s TAP asks for state-backed loan to survive coronavirus
Portugal's flag carrier TAP has asked for a state-backed loan to aid the survival of the company, which is at its most fragile since it was founded, board Chairman Miguel Frasquilho said in a parliamentary hearing on Thursday......»»
Exclusive: Air France-KLM in talks on multibillion euro state-backed loan package
Air France-KLM is in talks with banks to receive billions of euros in loans guaranteed by the French and Dutch governments, as the airline group braces for a sustained coronavirus shutdown, sources told Reuters......»»
Eldorado Resorts, Caesars shares jump after CNBC says deal moving forward
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Airline Shares Jump As Stimulus Agreement Offers Relief, While Nike Up On Earnings
Buy the rumor, sell the news. That appears to be the theme this morning after the Senate and administration reached a massive, historic stimulus deal. Yesterday’s amazing rally reliev.....»»
State-Backed Economist Says China Must Delay Trade-Deal Commitments
State-Backed Economist Says China Must Delay Trade-Deal Commitments Remember when Larry Kudlow said that.....»»
T-Mobile & Sprint Shares Jump As Court To Reportedly Rule In Favor Of Merger
The shares of telecommunications carrier T-Mobile Us Inc. (NASDAQ: TMUS) and Sprint Corporation (NYSE: S) jumped in the after-hours session on Monday as reports suggested that their nearly two-year-old merger deal is ab read more.....»»
Hedge-funder Cohen backed out of deal to buy Mets after Wilpons wanted more control
The Trump administration is suspending enrollments by New York residents in use to through airport security and customs, citing new limits on federal access to state driver’s license data aimed at... To view the full story, click the title link......»»
Progressives push taxes targeting wealthy to plug state budget deficit
The say they’re not selling the team to , but the franchise is still up for sale. Sterling Partners, a firm backed by the Mets owners, said it couldn’t reach a deal with Cohen, who wanted to buy... To view the full story, click the title link......»»
Exclusive: Impossible Foods has stopped McDonald"s burger talks, shares of Beyond Meat jump
Impossible Foods is no longer trying to win a coveted deal to supply McDonald's Corp with plant-based burgers, telling Reuters it cannot produce enough of its imitation meat to partner with the world's No. 1 fast-food chain......»»
Exclusive: Impossible Foods pulls plug on McDonald"s burger talks, shares of Beyond Meat jump
Impossible Foods is no longer trying to win a coveted deal to supply McDonald's Corp with plant-based burgers, telling Reuters it cannot produce enough of its imitation meat to partner with the world's No. 1 fast-food chain......»»
Wake, Durham avoid rate hikes for dwelling insurance, coastal regions see jump
Owners of second homes in the Triangle will avoid an uptick in rates for dwelling insurance after state regulators reached a deal with a group representing the state's insurance industry. But some coastal regions will see double-digit jumps. The Nort.....»»
Asian shares jump on China policy easing, trade deal hopes
Asian shares kicked off 2020 on a strong note on Thursday, spurred by Chinese markets after Beijing eased monetary policy to support the slowing economy......»»
Asian shares jump on "phase one" Sino-U.S. trade deal
Asian shares hit their highest in nearly eight months on Monday after the United States and China agreed on a preliminary trade deal, with Australian shares leading the way on expectations of more easing of monetary policy there......»»