‘Enough is enough’: Canada’s Montney producers swap oil and gas assets for cash

2/2 © Reuters. A TORC Oil & Gas pump jack near Granum 2/2 By Rod Nickel WINNIPEG, Manitoba (Reuters) – A wave of consolidation is underway in Canada’s Montney oil and gas region as small companies struggling to weather the impact of coronavirus on the energy industry sell their holdings in what just a few […]

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Exclusive: Malaysia – Even $3 billion not enough to settle 1MDB case with Goldman

2/2 © Reuters. The Goldman Sachs Headquarters building is pictured in the Manhattan borough of New York City 2/2 By Krishna N. Das and Liz Lee KUALA LUMPUR (Reuters) – Malaysia’s new government would not be willing to accept even compensation of $ 3 billion from Goldman Sachs in a settlement over the 1MDB scandal, […]

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Goldman Warns Central Bank QE Not Enough for Avalanche of Bonds

© Reuters. Goldman Warns Central Bank QE Not Enough for Avalanche of Bonds (Bloomberg) — In the epic battle between the trillions of dollars of debt supply needed to finance soaring government deficits, and central banks’ bond buying, the latter is losing, according to Goldman Sachs Group Inc (NYSE:). That will lead to higher long-term […]

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BoE’s Woods says banks have enough lending capacity in pandemic

© Reuters. The coronavirus disease (COVID-19) spread in London LONDON (Reuters) – Banks should have more than enough freed-up capital to back the volume of loans anticipated to help companies bridge the coronavirus pandemic, Bank of England Deputy Governor Sam Woods said on Monday. The BoE has allowed banks to tap a reserve of capital […]

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The half a trillion dollar British money transfusion that may not be enough

2/2 © Reuters. Lucio Santoro and Meera, his partner and co-founder of The Santoro Group pose for a portrait in Oxshott 2/2 By Kate Holton LONDON (Reuters) – It took Lucio and Meera Santoro 35 years to build up their London design company and just a week to watch it fall apart. Production has stopped, […]

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Head of Bundesbank Weidmann: Too Early to say if Measures Adopted are Enough

It is too early to say whether measures aimed at supporting the Eurozone economy in the context of coronavirus impact will be sufficient, the head of the German Bundesbank Jens Weidmann said in an interview with Bloomberg, adding that monetary and fiscal policies aimed at stimulating growth will remain necessary for some time to come.“It […]

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