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China Cinda Asset offers about $1 billion liquidity support to Peking Founder: sources
BEIJING/SHANGHAI (Reuters) – China Cinda Asset Management Group <1359.HK> recently offered 8 billion yuan ($1.14 billion) worth of short-term liquidity support to Peking University Founder Group, two people with direct knowledge of the matter said on Wednesday. The funds were provided last week, one of them said. The liquidity support comes at a time when […]
Petrobras workers suspend two-week strike, accept mediation
BRASILIA (Reuters) – Workers on strike at state-run oil company Petroleo Brasileiro SA <PETR4.SA> have temporarily suspended their stoppage and accepted mediation to resolve their dispute, the FUP union said on Thursday. The strike that began on Feb. 7 was called to protest against layoffs at a loss-making fertilizer factory in the state of Parana […]
Kosovo to partially remove tariffs on Serbian-made goods
By Fatos Bytyci PRISTINA (Reuters) – Kosovo’s prime minister said on Thursday the government will partially remove the 100 percent tariffs on goods produced in Serbia, bowing to demands from the United States and European Union, which mediate talks between Belgrade and Pristina on normalising ties. In November 2018 Kosovo introduced the tariffs after Serbia […]