Finance News

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Greensill Loses Confidence of Backers SoftBank, Credit Suisse

Yahoo Daily News 02 Mar 2021

Lex Greensill’s ambitious plan to transform his arcane trade-finance business into a global lending force is rapidly falling apart ... King of Supply-Chain Finance Expands, and Controversy Follows ... on a multi-billion dollar financing deal that would give the supply chain more headroom, Sky News reported last month.

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Communities demand Government inquiry into rural bank closures

TVNZ 02 Mar 2021

1 NEWS. South Wairarapa District Mayor Alex Beijen delivered the petition to the Minister of Finance Grant Robertson today ... 1 NEWS ... In a statement to 1 NEWS, New Zealand Bankers’ Association chief executive Roger Beaumont said ... 1 NEWS ... National’s Finance spokesperson Andrew Bayly shared those same concerns.

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South Korea unveils $17.8b extra budget to aid small businesses, protect jobs

Straits Times 02 Mar 2021

The finance ministry said total government ... "We want to make sure there are no blind spots left when it comes to using support funds (for small businesses), compared to how we spent them before," Ahn Do Geol, the deputy finance minister for the budget, told a news conference.

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South Korea unveils 15 trillion won extra budget to aid small businesses, protect jobs

Asahi News 02 Mar 2021

The finance ministry said total government ... “We want to make sure there are no blind spots left when it comes to using support funds (for small businesses), compared to how we spent them before,” Ahn Do Geol, the deputy finance minister for the budget, told a news conference.

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UT engg dept to declare progress of projects

The Times of India 02 Mar 2021

The Union finance ministry had reduced the UT’s budget this financial year because of a long lockdown in the country’s fight against coronavirus ... The UT finance department had made it clear to the other wings that they’ll get office expenses only for fuel and the LTC (leave travel concession) was banned ... Road recarpecting work News App CityNews.

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Minister Mboweni treads a fine line between give and take

Independent online (SA) 02 Mar 2021

the Finance Minister did not announce any new taxes and, if their income increased by less than 5%, they will enjoy a decrease in their annual income tax bill ... Wentzel says the tax relief gives South Africans a chance to take a deep breath and reprioritise their finances ... BAD NEWS FOR MANY? ... PERSONAL FINANCE .

photo: AP / Hussein Malla

Lebanese protesters hold lit flares, during a protest demanding that local banks allow them to withdraw their money that have been blocked amid Lebanon's severe economic crisis, in front the central bank, in Beirut, Lebanon, Friday, Feb. 26, 2021. Since 2019, the Lebanese currency so far has lost over 80% of its value and banks have imposed controls on withdrawals and transfers to protect dwindling foreign reserves. (AP Photo/Hussein Malla)

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Lebanon faced with darkness if a government is not formed to purchase fuel for electricity plants

Arab News 02 Mar 2021

Lebanon “will enter total darkness by the end of this month” if a government is not formed, a source in the Finance Ministry has told Arab News amid a growing electricity crisis ... Caretaker Finance Minister Ghazi Wazni signed the ... A source in the Ministry of Finance told Arab News.

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A twist to behold

Dawn 02 Mar 2021

On the one side is Hafeez Sheikh, the current finance minister, who appeared mysteriously (once again) one day, after Asad Umar was asked to leave the finance ministry. It should be noted that news about the removal of Umar had been doing the rounds in Islamabad for some time.

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2020 K-1 Tax Packages for Genesis Energy, L.P.

Enid News & Eagle 02 Mar 2021

HOUSTON--(BUSINESS WIRE)--Mar 1, 2021--. Genesis Energy, L.P. (NYSE ... tax packages by Friday, March 5, 2021 ... Genesis Energy, L.P ... View source version on businesswire.com.https.//www.businesswire.com/news/home/20210301005940/en/ ... SVP – Finance and Corporate Development ... http.//www.businesswire.com/news/home/20210301005940/en ... .

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Asian stocks mixed after Wall St. rises

Rapid City Journal 02 Mar 2021

Dcc Wire Business General News International Trade Economy Tax Refunds Government Taxation And Revenue Government Finance Government Business And Finance Government And Politics Covid-19 Pandemic Coronavirus Infectious Diseases Diseases And Conditions Health Lung Disease Stock ...

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Prosecutors Investigating Trump Focus on His Finance Chief

Democratic Underground 02 Mar 2021

State prosecutors in Manhattan who are investigating former President Donald J ... The increased focus on the executive, Allen H ... Trumps biggest lenders. https.//www.msn.com/en-us/news/politics/prosecutors-investigating-trump-focus-on-his-finance-chief/ar-BB1e7Zu6?li=BBnb7Kz. .

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Chinese fintech platforms should meet capital requirements in two years

Metro USA 02 Mar 2021

Micro lenders, consumer finance firms and banks operated by internet platforms should all have adequate capital like other financial institutions, Guo said.

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Project launched to digitise gov’t payments

The Jordan Times 02 Mar 2021

The ministry said in a statement that it is working on the project together with the Central Bank of Jordan and the Ministry of Finance, the Jordan News Agency, Petra, reported ... This will better serve the public and help to combat petty corruption, he added ... Section. Local Journalists. JT Image Position.