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1-10 results from 1000 for query «debt»

January 15, 2019 7:48 PM Exclusive: Brazil's Odebrecht offers debt-for-equity swap for Atvos unit

SAO PAULO (Reuters) - Corruption-ensnared Odebrecht SA [ODBES.UL] has proposed that creditors take over its sugar and ethanol unit, Atvos Agroindustrial Participacoes SA, in exchange for reducing Odebrecht’s huge debt load, according to two sources with knowledge of the matter. The move is the latest sign of the radical way in which Brazilian conglomerate 1934

January 15, 2019 7:10 PM Netflix raises prices for U.S. subscribers

(Reuters) - Netflix Inc (NFLX.O) is raising monthly fees for its U.S. subscribers by between 13 percent and 18 percent, the video streaming pioneer’s first price increase since 2017 as it spends heavily on original content and international expansion. Prices for its popular standard plan, which allows streaming on two devices at the same time, will rise to $12.99 per month 1789

January 13, 2019 10:36 PM Australian premier plans Fiji, Vanuatu visit to offset China influence

MELBOURNE (Reuters) - Australian Prime Minister Scott Morrison said on Monday he will visit Fiji and Vanuatu this week as part of a push to offset China’s growing influence in the South Pacific. Morrison heads to Vanuatu on Wednesday, in the first visit by an Australian prime minister to the Pacific island nation in three decades. He then will go to Fiji, returning 101

January 12, 2019 3:05 AM Pemex's New York roadshow spooks investors, yields spike

MEXICO CITY (Reuters) - Yields on the debt of Mexican state-run oil company Pemex rose sharply this week after the company failed during presentations in New York to lay out a clear plan to reduce debt and increase output, analysts said. Pemex faces the possibility of a credit ratings downgrade due to costly proposals by the new government of leftist 137

January 2, 2019 9:47 PM U.S. 'deeply concerned' about Colombia coca cultivation: Pompeo

CARTAGENA (Reuters) - The United States is deeply concerned about an increase in coca cultivation in Colombia, Secretary of State Mike Pompeo said on Wednesday, but will work with the Andean country to cut production of the raw material for cocaine in half by the end of 2023. Pompeo met with Colombian President Ivan Duque on a brief visit to the coastal 90

December 24, 2018 2:01 PM Secret Santas: Charity buys and erases past-due medical debt

In this Thursday, Dec. 20, 2018 photo, Reagen Adair holds on to a RIP Medical Debt yellow envelope as she poses for a photo at her home in Murchison, Texas. The co-founders of RIP Medical Debt buy millions of dollars in past-due medical debt for pennies on the dollar. But instead of hounding people to pay, they send letters saying the debt is erased 83

December 21, 2018 11:26 PM Report: Raiders in talks to play at AT&T Park in 2019

With Sunday’s game against the Denver Broncos likely the Oakland Raiders’ final game played at Oakland Coliseum, the Raiders’ home for next season is still up in the air before the franchise moves to Las Vegas in 2020. Currently entangled in a lawsuit filed by the city of Oakland, which would seem to remove the option of one more season at the Coliseum 103

December 14, 2018 11:42 PM Last minute donation saves Chicago church from auction

CHICAGO – A 120-year-old Chicago church was saved from auction after a midnight call from a group of donors, which one church official said was "a Christmas miracle." Holy Trinity Greek Orthodox Church held what parishioners believed would be its final service on Thursday. The church was slated to go to auction Friday after facing legal issues and about 69

December 13, 2018 6:08 PM South Africa's Aspen strikes distribution deal with U.S. drugmaker Mylan

JOHANNESBURG (Reuters) - Aspen Pharmacare has struck a deal with U.S. generics maker Mylan to distribute a portfolio of prescription and over-the-counter drugs in Australia and New Zealand. The arrangement by Aspen Global Incorporated and its Australian subsidiaries includes an option for Mylan to buy the portfolio for approximately 188 million Australian 101

December 12, 2018 8:34 AM Britain's credit default swaps hit highest since 2016 Brexit vote

LONDON (Reuters) - News of a vote of no confidence against Britain’s Prime Minister Theresa May on Wednesday pushed the cost of insuring UK government debt against default to its highest since the country’s 2016 vote to leave the European Union. Confirmation of the vote lifted 5-year UK Credit Default Swaps, which traders use as a hedge against uncertainty 69