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German economy minister sees economic recovery from October
Record debts come due for Canadian oil patch after five years of crisis
UK minister says Huawei must meet conditions for involvement in 5G network
Saudi initiatives to support private sector exceed 51 billion riyals - central bank
UAE restructures government, seeking more agility as it deals with coronavirus impact
Indonesia says trade, investment deal with Australia takes effect
UK Treasury, British Business Bank reviewing access to state-backed loan schemes - The Telegraph
(Reuters) - Britain's Treasury and British Business Bank officials are reviewing access to state-backed loan schemes after the European Union relaxed state aid rules, The Daily Telegraph reported. The report https://bit.ly/3f3zxwX, citing Treasury ...
Argentina to unveil new debt offer to creditors, push deadline to late August
By Eliana Raszewski and Jorge Iorio BUENOS AIRES (Reuters) - Argentina is set to unveil a new debt restructuring offer that will be kept open until the end of August, President Alberto Fernandez told local radio on Sunday, as the government seeks to ...
Britain weighs vouchers to boost spending in virus-hit sectors, Guardian says
(Reuters) - British finance minister Rishi Sunak is considering plans to hand out vouchers of 500 pounds ($624) for adults, and 250 pounds for children, to spend in sectors of the economy hit hardest by the coronavirus crisis, the Guardian said on ...
China halts imports from two more Brazil meat plants amid COVID-19 concerns
By Ana Mano and Jake Spring SAO PAULO/BRASILIA (Reuters) - China has suspended imports from two Brazilian pork plants owned by meatpackers JBS SA and BRF SA , according to the Chinese customs authority, as it cracks down on meat shipments amid ...
Greece PM says won't accept strict EU conditions on COVID-19 aid - FT
(Reuters) - Greece will not accept strict European Union conditions on the use of the coronavirus emergency aid, Prime Minister Kyriakos Mitsotakis told the Financial Times newspaper in an interview published on Sunday. "Greeks have matured a lot. ...
Saudi non-oil private sector shrinks again in June - PMI
DUBAI (Reuters) - Saudi Arabia's non-oil private sector shrank for the fourth straight month in June as measures to contain the spread of the new coronavirus continued to hit consumer demand, a survey showed on Sunday. The seasonally adjusted IHS ...
UAE non-oil private sector jumps back to growth in June - PMI
DUBAI (Reuters) - The United Arab Emirates (UAE) non-oil private sector grew in June for the first time this year, emerging from months of contraction as coronavirus restrictions were lifted, a survey showed on Sunday. The seasonally adjusted IHS ...
El Salvador delays next steps in reopening economy as COVID-19 cases rise
By Nelson Renteria SAN SALVADOR (Reuters) - El Salvador's presidential office on Sunday postponed the second phase of the economy's reopening by two weeks, citing a still-rising number of coronavirus infections. President Nayib Bukele has imposed ...
French economy probably bouncing back faster than expected: central bank
PARIS (Reuters) - The French economy is pulling out of the slump induced by the coronavirus outbreak at least as fast as expected a month ago, and maybe even a little faster, Bank of France Governor Francois Villeroy de Galhau said on Sunday. The ...
Luckin Coffee chairman ousted by shareholders: Bloomberg, citing report
(Reuters) - Luckin Coffee Inc Chairman Charles Zhengyao Lu has been ousted by shareholders from the embattled coffee chain, just days after a proposal to remove him failed to get board approval, Bloomberg News reported on Sunday, citing Chinese web ...