Hertz Seeking Up to $1.5 Billion In Bankruptcy Financing
Hertz Global Holdings Inc. is on the hunt for a bankruptcy loan totaling as much as $1.5 billion after regulators blocked the rental car company from pursuing a sale of…
Month: August 2020
DBS Bank Tops Bloomberg Asia (ex Japan) League Table for Green Loans
DBS Bank has ranked first in Bloomberg’s Asia (ex Japan) league tables for green loans for its role as Mandated Lead Arranger (MLA) from 1 January this year to 25…
US and China Dig in Heels for Indo-Pacific Show of Strength
BEIJING/WASHINGTON — Sino-American tensions in the Indo-Pacific region have risen to heights not seen in decades as China fired four ballistic missiles into the South China Sea on Wednesday, while…
Frederic Bastiat
Quote for the Day
“the purpose of the socialists is to suppress liberty of association precisely in order to force people to associate together in true liberty.”
CDC Proposes Guidelines for Distributing Coronavirus Vaccine in the U.S.
The Centers for Disease Control and Prevention on Wednesday proposed guidelines for distributing a coronavirus vaccine in the United States if and when one is approved for public use.
Amid Economic Carnage, Homebuilders Rocket Higher
When we look to the US, and around the world, an unexpected economic development is unfolding. In the US, Homebuilders as measured by the Dow Jones US Select Home Construction…
Kerry Express Prepares IPO for up to 300m Shares
Kerry Express Thailand, the country’s leading parcel delivery provider, has submitted an initial public offering filing to the Securities and Exchange Commission in preparation to offer up to 300 million…
Salesforce’s 30% Stock Rally This Week is a Possible ‘Nightmare’ Scenario for the Dow Committee
As part of a shake-up in the stocks comprising the Dow Jones Industrial Average announced earlier this week, Salesforce.com Inc. was among a trio of companies included in the venerable…
Frederic Bastiat
Quote for the Day
“We hold from God the gift which, as far as we are concerned, contains all others, Life — physical, intellectual, and moral life.”
Gold Falls Again but Eases Losses After Hours on Fed Hopes
Investing.com - Gold prices fell for fourth time in five days before paring losses in Tuesday’s after-hours trade as the dollar gave back some strength on expectations of a dovish…