Saturday, May 29, 2021

Financial Post

Financial Post


British retail faces ‘tsunami of closures’ without rent help

Posted: 29 May 2021 04:01 PM PDT

LONDON -- Britain's retail sector will endure a "tsunami of closures" if the government does not extend a moratorium on aggressive debt enforcement, industry lobby group the British Retail Consortium (BRC), said on Sunday. Read More

Health Canada Extends Expiry Date of AstraZeneca Vaccine 30 Days

Posted: 29 May 2021 02:30 PM PDT

(Bloomberg) -- Health Canada approves extension to the expiration dates of two lots of the AstraZeneca to July 1 from May 31. Read More

Buyout Loans Set to Hit the Market After Memorial Day Holiday

Posted: 29 May 2021 02:00 PM PDT

(Bloomberg) -- A busy period for high-yield debt sales shows no signs of stopping in June, with bank meetings set for two leveraged buyout loans following the U.S. Memorial Day holiday. Read More

Take Two on U.S. Jobs to Show If Tepid Data Was a Blip: Eco Week

Posted: 29 May 2021 02:00 PM PDT

(Bloomberg) -- The U.S. jobs report due on Friday augurs a pivotal moment for investors to assess whether surprisingly tepid job gains seen last month were a momentary blip or the start of something more persistent. Read More

Russia confirms second loan for Belarus, raises issue of detained citizen

Posted: 29 May 2021 12:07 PM PDT

MOSCOW -- Russia will move ahead with a second $500 million loan to Belarus next month, following talks between the two countries' leaders amid uproar in the West over the grounding of a passenger jet in Minsk and the arrest of a dissident blogger. Read More

Russia confirms second loan for Belarus, raises issue of detained citizen

Posted: 29 May 2021 11:56 AM PDT

MOSCOW -- Russia will move ahead with a second $500 million loan to Belarus next month, following talks between the two countries' leaders amid uproar in the West over the grounding of a passenger jet in Minsk and the arrest of a dissident blogger. Read More

Egyptian court delays hearing in Suez container ship compensation case

Posted: 29 May 2021 09:26 AM PDT

ISMAILIA -- An Egyptian court on Saturday postponed a hearing in a compensation case filed by the Suez Canal authority against the owners of a container ship that blocked the canal for six days in March, giving the sides more time to negotiate, legal sources said. Read More

Carmakers in ‘India’s Detroit’ allowed to operate as workers protest COVID risk

Posted: 29 May 2021 08:18 AM PDT

CHENNAI -- Carmakers in the Indian automobile hub of Chennai will be allowed to keep operating, the state government said on Saturday, amid protests by workers who fear catching COVID-19 in one of the country's hardest-hit states. Read More

Exxon Mobil’s Last-Ditch Attempt to Stave Off a Climate Coup

Posted: 29 May 2021 07:42 AM PDT

(Bloomberg) -- It was a stunning moment for Exxon Mobil Corp. and the wider corporate world: a tiny activist fund had succeeded in changing the company's board. Read More

Texas Shuns Radical Changes to Power Grid After Deadly Freeze

Posted: 29 May 2021 07:34 AM PDT

(Bloomberg) -- After months of debate, Texas lawmakers are poised to pass a series of measures in response to February's deadly blackouts. Yet those bills, critics say, do little to fix the fundamental issues that made the state's power grid so vulnerable. Read More

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