Zambian President Hichilema's $6bn debt deal hailed as 'historic'
The country, which defaulted in 2020, has been engaged in protracted talks over its repayments.
2023-06-23 22:25
EBRD lends 50 million euros to Ukraine's Ukreximbank
KYIV The European Bank for Reconstruction and Development will provide a 50-million-euro ($54 million) loan to one of
2023-06-23 20:47
Ford agrees to $9.2 billion US government loan
Ford and its South Korean battery manufacturing partner SK On have agreed to a loan of $9.2 billion from the US Department of Energy as part of President Joe Biden's push to bring more electric vehicle production to the United States.
2023-06-23 00:52
Iceland Ireland owner placed into examinership
Last week the firm was ordered to withdraw all imported frozen food of animal origin.
2023-06-21 02:45
Italy reassessing GLAM scheme to handle state-guaranteed loans, sources say
By Giuseppe Fonte and Valentina Za ROME Italy is reassessing how it plans to deal with billions of
2023-06-15 23:19
Supreme Court could soon rule on Biden's student loan forgiveness program. Here's what borrowers need to know
Millions of borrowers may learn soon whether they could receive up to $20,000 in debt relief under President Joe Biden's student loan forgiveness program. The fate of the debt cancellation program lies with the Supreme Court, which is expected to rule in late June or early July.
2023-06-14 17:16
U.S. Bancorp CEO says economy heading for "moderate" recession
U.S. Bancorp's Andy Cecere forecast a "moderate" recession that would be short and "not very deep in terms
2023-06-13 23:50
China's May new loans miss expectations, more stimulus likely
BEIJING China's new bank loans picked up in May from the previous month, as the central bank kept
2023-06-13 17:16
Student loan payments will be due starting in October, Department of Education clarifies
In October, tens of millions of borrowers will be required to pay their monthly federal student loan bills for the first time since March 2020, the Department of Education clarified Monday.
2023-06-13 02:57
Biden vetoes bill blocking student loan forgiveness program
President Joe Biden officially vetoed legislation Wednesday that would block his student loan forgiveness program, blasting lawmakers who supported the bill for what he called an "unprecedented attempt to deny critical relief to millions of their own constituents."
2023-06-08 07:55
Spain asks EU for $90 billion in loans ahead of July election
MADRID Spain has asked the European Commission for 84 billion euros ($90 billion) in loans from the bloc's
2023-06-06 21:26
Forever in debt: Why U.S. loans are getting longer
By Chris Taylor NEW YORK Consumers facing high asset prices and rising interest rates have a few loan
2023-06-05 12:22