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21-30 results from 1000 for query «debt»

October 25, 2018 10:43 AM AB InBev Halves Dividend as Beer Remains Out of Favor

Budweiser maker continues to struggle with declining beer consumption Anheuser-Busch InBev SA slashed its dividend Thursday as it reported weaker profit and lower volumes in several key markets, underscoring the Budweiser maker’s struggle with declining beer consumption. The Belgian company—which also owns Stella Artois globally and Corona outside the U.S.—halved 78

October 23, 2018 5:20 PM Trump accuses Puerto Rico of using disaster funds for other debt

WASHINGTON (Reuters) - U.S. President Donald Trump on Tuesday accused Puerto Rico’s politicians of using “massive and ridiculously high amounts of hurricane/disaster funding” to pay off other debts, and said he would not allow a bailout with relief money. “The U.S. will NOT bail out long outstanding & unpaid obligations with hurricane relief money 121

October 22, 2018 12:06 PM Icahn-Backed American Railcar Is Selling Itself

American Railcar Industries, which is majority owned by activist investor Carl Icahn’s firm, is being acquired by a subsidiary of ITE Rail Fund American Railcar Industries Inc., which is majority owned by activist investor Carl Icahn’s firm, is being acquired by a subsidiary of ITE Rail Fund LP, it announced Monday. The deal is for $70 a share, which 71

October 18, 2018 6:25 PM EU says Italy budget poses no stability risk to bloc

LONDON (Reuters) - Italy’s planned budget plan does not pose a “Greek-like” threat to European Union financial stability but Brussels was looking at what could be the “next steps”, the bloc’s financial services chief said on Thursday. Asked if Italy was facing a crisis like Greece did during the euro zone debt crisis, Dombrovskis said: “I would not jump on that kind of speculation 67

October 17, 2018 8:20 PM Chicago mayor skips over pension funding fix in final budget speech

CHICAGO (Reuters) - Chicago Mayor Rahm Emanuel unveiled the final budget of his tenure on Wednesday, but put off addressing a pension funding challenge that will hit during his eventual successor’s term in office. Emanuel, who announced last month he was not running for a third term, laid out a $10.67 billion all-funds spending plan, which includes a $3.82 billion 122

October 11, 2018 8:08 PM Italy Pays More to Borrow as Budget Fight Brews

Italian bonds were being sold, even while investors bought other European government debt ROME—Italy had to offer significantly higher interest rates to sell its bonds Thursday, a sign of the rising anxiety surrounding the country’s finances and its leaders’ looming clash with the European Union over their budget plans. The Italian Treasury sold €6.5 billion 54

October 9, 2018 3:05 AM As Pakistan Starts Talks, Emerging Markets Look to Contain Damage

Many have taken steps to limit fallout from U.S. dollar strength Pakistan’s decision to start bailout talks with the International Monetary Fund is the latest in a series of threats to hit emerging markets that have been challenged by weakening currencies and rising U.S. interest rates. While Pakistan has unique issues, including a ballooning trade deficit 73

October 3, 2018 4:51 PM Merger talks started in spring between Canadian oil companies Husky, MEG

WINNIPEG, Manitoba (Reuters) - Canadian oil companies Husky Energy Inc (HSE.TO) and MEG Energy Corp (MEG.TO) discussed a possible merger for months, and one major MEG shareholder expressed interest early, before Husky was rebuffed and launched a hostile bid this week, according to a Husky filing. Husky, controlled by Hong Kong tycoon Li Ka Shing, announced 76

October 2, 2018 7:44 PM Toys 'R' Us lenders cancel auction, plan to revive brand

(Reuters) - The top lenders of Toys ‘R’ Us have decided to cancel the bankruptcy auction of its brand name and other intellectual property assets and instead plan to revive the Toys ‘R’ Us and Babies ‘R’ Us brand names, a court filing on Monday showed. The bankrupt retailer’s debtors aim to open a new Toys ‘R’ Us and Babies ‘R’ Us branding company that maintains 87

October 1, 2018 2:01 PM India Takes Over Shadow Lender to Save Financial System From ‘Lehman Moment’

The government is trying to keep Infrastructure Leasing & Financial Services’ debt problems from destabilizing the country’s financial system The Indian government is taking over and investigating struggling shadow lender, Infrastructure Leasing & Financial Services Ltd., to try to keep its debt problems from destabilizing the country’s financial system 66