Stuff that matters
The Japanese government has guaranteed most of a loan to Nissan Motor Co (7201.T) from the Development Bank of Japan (DBJ), a source said, taking its guarantee to more than 40% of 713 billion yen ($6.7 billion) in finance for Read more
The global economy is likely not headed for any major slowdown due to COVID-19 but piled-up storage and uncertainty over China’s oil demand cloud oil markets’ recovery, an official with International Energy Agency (IEA) said. Keisuke Sadamori, IEA director for Read more
SoftBank Group Corp closed down 7% as the conglomerate’s bets on equity derivatives tied to listed technology companies made investors uncomfortable amid a decline in markets. Shares fell below 6,000 yen for the first time in two months to 5,881 Read more
China imported 832,000 tonnes of meat in August, customs data showed on Monday, down almost 17% from last month, although imports remain high as Beijing tries to plug a shortfall in domestic pork production. Meat imports in July had reached Read more
The U.S. Securities and Exchange Commission is examining claims from a whistleblower that Rio Tinto (RIO.AX) was aware of problems at its underground copper mine extension project of Oyu Tolgoi in Mongolia months before the miner confirmed the project would Read more
Credit Suisse (CSGN.S) may have spied on more employees under its former chief executive Tidjane Thiam, Swiss newspaper SonntagsZeitung reported on Sunday, citing evidence of two further instances that had previously been undisclosed. Switzerland’s market watchdog, FINMA, opened an enforcement Read more
The French state will look with “fairness” at waste and water management company Veolia’s (VIE.PA) offer for Engie’s (ENGIE.PA) stake in Suez (SEVI.PA) as well as at any other offer that could emerge, Finance Minister Bruno Le Maire said on Read more