South Africa’s central
bank said on Monday it would provide regulatory relief measures
for banks to help them manage the impact of the coronavirus
Mexico’s most powerful
business lobbies on Monday said President Andres Manuel Lopez
Obrador’s plans to lift the Mexican economy out of a
coronavirus-induced crisis are insufficient, and that more is
needed to protect jobs and companies.
British retailer WH Smith said
on Monday it was placing shares of about 13.7% of the company’s
ordinary share capital to get it through the coronavirus crisis.
The Federal Reserve and Treasury
Department are planning to launch a new program to buy loans
that financial firms make through the government’s emergency
small-business lending program, the Wall Street Journal reported
on Monday, citing people familiar with the matter.
The European Commission is planning to
let member states help companies directly impacted by the
coronavirus outbreak through an injection of equity, the
Financial Times reported https://www.ft.com/content/17596577-b3ca-4c5c-bd2c-da5d0d3042cd
on Monday, citing people with knowledge of the proposal.