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BAILOUT TALKS
Sri Lanka reduces fuel prices after Middle East ceasefireSri Lanka on Tuesday cut fuel prices by up to six percent, the first such move since the Middle East war triggered a surge in energy prices...- Sri Lanka to restart talks with IMF immediately: PresidentSri Lanka's new president, Anura Kumara Dissanayake, has called for immediate talks with the IMF to renegotiate a $2.9 billion bailout. The...
- Sri Lanka receives first tranche of IMF bailoutThe island nation was scheduled to receive a $330 million tranche, the first part of a nearly $3 billion bailout approved by the Internatio...
- Sri Lanka receives first tranche of IMF bailoutSri Lanka has received the first tranche of a $3 billion IMF bailout program approved on Monday. The initial payment amounts to $330mn and ...
- Sri Lanka central bank governor signals he will stay in job, warns turmoil impedes IMF talksPresident Gotabaya Rajapaksa plans to resign on Wednesday while Prime Minister Ranil Wickremesinghe has also offered to quit, without speci...
- U.K.’s bailout talks with Tata Steel, JLR are broken off: Financial TimesTalks between the U.K.’s Treasury and the companies, both owned by Mumbai-based Tata Group, came to a halt after the government concluded t...
- Refinancing is just a palliative; discoms need a tough long-term fix: Vinayak Chatterjee, Feedback Ventures"Behind discoms' chronic losses is a huge degree of political connivance, corruption and theft. That is holding the country to ransom."
- Harsh bailout terms: The price Greece will have to pay to avoid GrexitThe terms imposed by international lenders led by Germany in all-night talks at an emergency summit obliged Tsipras to abandon promises of ...
- No deal this month on Cyprus bailout: Jean-Claude JunckerCyprus is unlikely to see a rescue accord agreed this month, eurogroup head Jean-Claude Juncker said Thursday.
- Rupee rises after 4 days on Irish bailout talksThe rupee rose, snapping a four- day decline, on speculation Ireland will receive international aid, helping to prevent contagion from spre...
- 'Rapid progress' on Greek bailout talks: EUTalks on putting in place emergency aid for Greece are making "rapid progress," the European Commission said. Greece will never pay us back...
- 'Rapid progress' on Greek bailout talks: EUThe European Commission said today that talks on finalising emergency aid to debt-laden Greece were making "rapid progress".
- CIT on the brink after bailout talks failBusiness lending giant CIT Group appeared on the brink of bankruptcy Thursday after the US government rejected its plea for a fresh bailout.
- UK govt under pressure to bailout auto industry, including JLRThe UK government is under increasing pressure to consider a bailout of the UK auto industry, including Tata-owned Jaguar Land Rover.
- Auto bailout talks collapse over union wagesA $14 billion emergency bailout for US automakers collapsed in the Senate on Thursday night after the United Auto Workers refused to accede...
- Deal seems near, but talks on auto bailout drag onThe $15 bn bailout of US automakers faced new snags as Republicans raised deep problems. Special: Rise and fall of dollar
- Citigroup, US in talks for potential bailout: reportsUS authorities are considering a rescue plan for banking giant Citigroup after a 50 pc plunge in its stock value last week led executives t...
- Chrysler wants to revive merger talks with GM: reportChrysler hopes to reboot merger talks with General Motors if Congress approves a USD 25 bn bailout for ailing US automakers, the Financial ...
- Chrysler wants to revive merger talks with GM: reportChrysler hopes to reboot merger talks with GM if Congress approves a 25-bn-dollar bailout for ailing US automakers.
- Anti-bailout petitions crop up onlineAs US politicians wrangle in Washington over a financial rescue package for Wall Street, angry denizens of cyberspace are making their view...
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