Tag Archives: Business News

Former ECB member Benoit Coeure warns of corporate insolvency looming

Certain companies risk becoming insolvent as governments speed up fiscal support, a former member of the European Central Bank warned Tuesday. Many governments have deployed a massive fiscal stimulus to mitigate the economic consequences of Covid-19. In most cases, this has allowed companies to avoid bankruptcy and employees to have …

Read More »

Postmates deciding between Uber, SPAC offers or going public

Close-up of the Postmates logo. Smith / Gado Collection | Stock Photos | fake pictures US food delivery service Postmates has received takeover bids from Uber and a special-purpose takeover company, or SPAC, as it simultaneously plans to go public, according to people familiar with the matter. Postmates has not …

Read More »