Author Archives: Syndicated Content
Square Capital says it has issued $820 million of PPP loans
NEW YORK (Reuters) - Square Capital, a unit of payments company Square Inc, said on Monday it has issued more than $820 million worth of loans to small businesses to help them weather the economic shu...
Jun 15, 2020
U.S. Open will go ahead without fans amid COVID-19-reports
(Reuters) - The United States Tennis Association will hold the U.S. Open this year without fans amid the COVID-19 outbreak even though some top players have expressed concerns about attending the tour...
Jun 15, 2020
Nepal arrests three men for quarantine rape, amid protests over unsafe conditions
By Gopal Sharma KATHMANDU (Reuters) - Police in Nepal arrested three men on suspicion of gang raping a woman quarantined alone in an empty school, a case that has added to public anger over unsafe con...
Jun 15, 2020
Novavax to raise $200 million through stock offering to fund COVID-19 vaccine
(Reuters) - Novavax Inc said on Monday it would raise fresh capital through a $200 million preferred stock offering as it races to develop a vaccine for the new coronavirus, sending its shares up 10.5...
Jun 15, 2020
Traffickers demand payments for Rohingya stranded at sea
By A S M Suza Uddin and Poppy McPherson COX'S BAZAR, Bangladesh/BANGKOK (Reuters) - People traffickers holding hundreds of Rohingya refugees at sea are demanding payments from their families before th...
Jun 15, 2020
New York to allow gatherings of up to 25 people: Cuomo
(Reuters) - Gatherings of up to 25 people will be permitted in parts of New York that have entered the third phase of the state's reopening plan, up from a previous limit of 10, New York Governor Andr...
Jun 15, 2020
Explainer: How Fed’s Main Street program compares to other small business pandemic aid
By Jonnelle Marte (Reuters) - The Federal Reserve on Monday launched its latest life raft for U.S. businesses hurt by the coronavirus pandemic. Administered by the Boston Fed, the Main Street Lending ...
Jun 15, 2020
Mnuchin will discuss PPP oversight with Congress after criticism
By Pete Schroeder WASHINGTON (Reuters) - U.S. Treasury Secretary Steven Mnuchin said on Monday he would talk to Congress about proper oversight of $660 billion in small business economic relief, after...
Jun 15, 2020
Exclusive: BlackRock injects $18 billion into European firms during pandemic – source
By Simon Jessop LONDON (Reuters) - The world's biggest asset manager BlackRock has pumped about 16 billion euros ($18 billion) into 810 European companies since the end of January, more than half of t...
Jun 15, 2020
Canada to extend income support for the unemployed during COVID-19 outbreak, Trudeau says
OTTAWA (Reuters) - Canada will extend the Canada Emergency Response Benefit (CERB) income support for the unemployed brought in to help people get through temporary job losses caused by the COVID-19 o...
Jun 15, 2020
