Bulgarian banks extend loan payment moratorium

07/14/2020

SOFIA, July 14 (Reuters) – Diligent borrowers hurt by the coronavirus crisis can apply until the end of September to delay payments on consumer, company and mortgage loans by six months, the Bulgarian National Bank said on Tuesday. The moratorium on bank loan payments was […]

Australia business conditions rebound in June, before fresh lockdown

07/14/2020

SYDNEY, July 14 (Reuters) – A measure of Australian business conditions showed a sharp recovery in activity and confidence in June as much of the economy reopened from coronavirus lockdowns, though a fresh outbreak in Melbourne threatens to darken the mood once more. National Australia […]

UPDATE 1-Italian yields rise amid caution ahead of EU summit

07/13/2020

* Euro zone periphery govt bond yields tmsnrt.rs/2ii2Bqr (Updates prices; adds chart) By Yoruk Bahceli AMSTERDAM, July 13 (Reuters) – Italy’s 10-year government bond yield rose to its highest in over a week on Monday, as investors stayed cautious ahead of a European Union summit […]

UPDATE 1-Brazil tourism operator CVC's board approves capital raise

07/10/2020

(Adds details from filing, recasts headline) SAO PAULO, July 10 (Reuters) – The board of Brazilian tourism operator CVC has approved a capital increase of up to 301.7 million reais ($56.5 million) as the company grapples with travel restrictions related to the COVID-19 pandemic, a […]

UPDATE 1-Mexico central bank says economic recovery uncertain

07/09/2020

(Adds central bank’s comments, background details) MEXICO CITY, July 9 (Reuters) – Mexico’s central bank said the economic recovery from the coronavirus pandemic is on shaky footing, even as Latin America’s second largest economy opens up for business, according to minutes of the last policy […]