BUENOS AIRES (Reuters) – Argentina’s government said on Monday that it would widen an economic aid package to counter the impact of coronavirus to 850 billion pesos ($12.9 billion), equivalent to around 2.9% of the country’s gross domestic product. The South American country, currently embroiled in tense negotiations with creditors to restructure its foreign debts, […]
FRANKFURT (Reuters) – Deutsche Bank <DBKGn.DE> is discussing whether it will waive bonuses for its management board in 2020 due to the fallout from the coronavirus crisis, a person with knowledge of the matter said on Wednesday. The discussion comes after the European Banking Authority on Tuesday said banks should be “conservative” in how they […]
By Sarah Young LONDON (Reuters) – Rolls-Royce <RR.L> is scrapping its targets and final dividend to shore up its finances as the British aero-engine maker’s customers around the world ground planes due to the coronavirus pandemic. Rolls, one of Britain’s most historic industrial names, which before the coronavirus crisis struck was trying to emerge from […]
