CHICAGO (Reuters) – The U.S. Department of Agriculture will direct $73 million in grants to small- and medium-sized meat and poultry processors to expand their capacity and deliver more funds…
LONDON (Reuters) – Analysts at investment bank JPMorgan have estimated that banks will repay between 500 and 700 billion euros ($494-$692 billion)of the European Central Bank’s ultra cheap funding next…
By Francesco Canepa and Yoruk Bahceli FRANKFURT (Reuters) – The European Central Bank on Thursday got rid of a subsidy on over 2 trillion euros of loans to banks to…
BEIJING (Reuters) – China’s cabinet issued rules on Tuesday to promote private businesses, including incentives for financial institutions to lend to them, in its latest move to support an economy…
By David Shepardson (Reuters) -The United Auto Workers (UAW) union on Friday called on the Biden administration not to award any subsidies, loans or other taxpayer support until Hyundai Motor…
By Andrea Shalal WASHINGTON (Reuters) – The World Bank said on Monday it had placed all loans made by its main lending arm to Belarus into “nonperforming” status effective immediately,…
By David Lawder WASHINGTON (Reuters) – France’s development minister is backing U.S. Treasury Secretary Janet Yellen’s call for the World Bank and similar institutions to vastly expand their lending, but…
MIAMI – After previously pleading guilty to Conspiracy to Commit Wire Fraud and Aggravated Identity Theft, Ana Amador and Sunilda Casilla were sentenced in federal court to prison and ordered…
BEIJING (Reuters) – China’s new yuan loans are expected to rise in September from August, a Reuters poll showed, as the central bank seeks to spur an economy hobbled by…
(Reuters) – Bankrupt crypto lender Celsius Network said on Friday it is not seeking to enforce payment obligations for outstanding loans during its Chapter 11 proceedings and that borrowers do…
BEIJING (Reuters) – China has distributed an additional 300 billion yuan ($42 billion) allocated for infrastructure projects through three state policy banks as of Wednesday, the official Securities Times reported…
By Mayela Armas CARACAS (Reuters) – Venezuelan business owners struggling to get access to credit amid their country’s continued economic crisis are seeking loans through foreign banks, business people and…
LOS ANGELES – An Orange County man was sentenced today to 48 months in federal prison for fraudulently obtaining more than $5 million in COVID-relief loans for three shell…
LOS ANGELES – A Beverly Hills man – whose sons pleaded guilty earlier this month to felonies for defrauding COVID-relief programs – pleaded guilty today to a federal criminal…
BEIJING (Reuters) – The China Development Bank (CDB) said on Thursday it will increase the number of infrastructure loans it gives to local governments, while prioritising the needs of major…
BRUSSELS (Reuters) – European Union countries can use 225 billion euros ($227.57 billion) in untapped loans from the EU’s recovery fund to address energy problems and other challenges resulting from…
NEW ORLEANS, LOUISIANA – United States Attorney Duane A. Evans announced today the indictment of SHARNAE EVERY (“EVERY”), age 27, of Houston, Texas, who was charged with one (1) count…
By Lefteris Papadimas ATHENS (Reuters) – Greece will repay ahead of schedule 2.7 billion euros of loans owed to euro zone countries under the first bailout it received during its…
Biden Admin Forgives $1.5 Billion In Loans From For-Profit College That Promised Students Jobs Reagan Reese on August 30, 2022 The Department of Education (DOE) is relieving $1.5 billion in…
TOMS RIVER, NJ – As Republicans push back on student loan debt forgiveness, one prominent attorney and New Jersey Republican Assemblyman is keeping quiet, at least publicly. New Jersey Assemblyman…
On Wednesday, August 10, 2022, at 10:21 a.m., Officer Lee responded to police headquarters to take a report of fraud. Officer Lee met with the victim, who advised that he…
BEIJING – China may start a pilot program in six provinces to further speed up the disposal of bad loans by local small- and medium-sized banks, financial news media outlet…
By Nichola Saminather TORONTO – Canadian home buyers are shifting to fixed-rate mortgages at the fastest pace in a year, on bets that more rate hikes from the central bank…
BEIJING – China’s new yuan loans are expected to fall back in July after record lending in the first half, a Reuters poll showed, but they are still likely to…
By Nupur Anand and Aditi Shah MUMBAI -Three Indian banks have internally categorised loans to SpiceJet Ltd as being at “high risk” though the airline has not defaulted, people with…