Category: Business

G20 countries agree debt freeze for world’s poorest countries

G20 countries agree debt freeze for world’s poorest countries

Finance officials from the Group of 20 major economies agreed on Wednesday to suspend debt service payments for the world’s poorest countries through ...
IMF’s Georgieva wants to triple concessional financing for poor countries

IMF’s Georgieva wants to triple concessional financing for poor countries

The International Monetary Fund is looking to triple its concessional financing for the poorest countries to over $18 billion to help them respond to ...
Samsung to tap Xilinx chips for 5G network equipment

Samsung to tap Xilinx chips for 5G network equipment

American semiconductor firm Xilinx Inc said on Wednesday it had won a deal to supply chips to Samsung Electronics Co Ltd for 5G networking equipment. ...
Google to slow hiring for rest of 2020, CEO tells staff

Google to slow hiring for rest of 2020, CEO tells staff

Alphabet Inc’s (GOOGL.O) Google will slow hiring for the rest of the year, Chief Executive Officer Sundar Pichai told the company’s staff in a memo on ...
Exclusive: Major U.S. airlines eyeing government loans after grants

Exclusive: Major U.S. airlines eyeing government loans after grants

Several major U.S. airlines are preparing to apply this week for a $25 billion U.S. government loan program after winning billions in federal payroll ...
Your questions on the lockdown and U.S. small business, answered

Your questions on the lockdown and U.S. small business, answered

As part of our weekly #AskReuters Twitter chat series, Reuters gathered a group of small business experts on April 15 to answer questions about federa ...
Mylan’s Robert Coury back as executive chairman

Mylan’s Robert Coury back as executive chairman

Mylan NV (MYL.O) on Wednesday named Chairman Robert Coury to the role of executive chairman to help steer the drugmaker through the coronavirus pandem ...