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Tag "bailout"

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Brazil government, banks in talks about bailing out companies

BRASILIA/SAO PAULO: Brazil’s Economy Ministry is talking with banks about providing bailouts to sectors such as airlines, automakers, power companies and large retailers to help them survive the coronavirus crisis, bank executives confirmed on Wednesday in live presentations. Reuters reported

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China investment served as 1MDB bailouts

KUALA LUMPUR: Former prime minister Datuk Seri Najib Razak roped in his then aide, Amhari Efendi Nazaruddin to be involved in China-Malaysia investment talks so that those investment can serve as a bailout from 1MDB, said Amhari. “As shown by

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