Canada govt body guarantees up to $2.2 billion fresh loan to Trans Mountain expansion project
(Reuters) – A Canadian government agency has guaranteed fresh commercial loans of up to C$3 billion ($2.2 billion) to the controversial Trans Mountain pipeline expansion project that has suffered repeated cost overruns.…
Berlin loosens requirements for Ukraine export guarantees
BERLIN (Reuters) – The German government has loosened its requirements for export credit guarantees for companies doing business with Ukraine in an effort to shore up economic recovery in the country, the…
Factbox-UBS, government agree on Credit Suisse loss guarantees – key points
(Reuters) – UBS and the Swiss government agreed on Friday on how they will share losses linked to the bank’s emergency takeover of Credit Suisse, clearing the way for the deal to…
Germany guarantees 221 million euros of Ukraine investments – econ ministry sources
BERLIN (Reuters) – Germany is currently providing guarantees on investments totalling 221 million euros ($242 million) in Ukraine, Economy Ministry sources said on Wednesday, following a visit by the economy minister to…
Hardline US Republicans oppose bank deposit guarantees beyond $250,000 limit
By David Lawder WASHINGTON (Reuters) – Hardline Republicans in the House of Representatives on Monday vowed to oppose any universal federal guarantee on bank deposits above the current $250,000 limit, throwing a…
Factbox-Later retirement, income guarantees: What’s in France’s pension reform?
PARIS (Reuters) – President Emmanuel Macron’s plan to reform France’s costly pension system, including raising the retirement age, has infuriated trade unions who are calling for a second day of nationwide strikes…
Profit Cookers Guarantees 30% Profit to Restaurants
Virtual Restaurant Brand Company Offers Guarantee to Fulfillment Partners Naples, FL (-) Virtual restaurant brands have gained exponential traction and reach since the outset of the pandemic, with existing dine-in restaurants tapping…
Germany suspends Hermes export credit guarantees for Russia – Handelsblatt
BERLIN – Germany is making it more difficult for companies to do business with Russia by suspending Hermes credit guarantees for exports, daily Handelsblatt reported on Friday, citing the economy ministry. “The…
Iran says U.S. should provide guarantees for revival of 2015 nuclear deal
– Iran’s foreign minister said on Saturday that a U.S. move to restore sanctions waivers to Tehran was not enough and Washington should provide guarantees for the revival of the 2015 nuclear…
Former Chief Lending Officer of New Jersey Bank Sentenced to 18 Months in Prison for Making False Statements to United States to Secure Federal Guarantees on Loans
TRENTON, N.J. – A Pennsylvania man was sentenced today to 18 months in prison for securing a federal guarantee on certain loans by making false statements to the Small Business Administration (SBA)…
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