Friday , 3 July 2020

Tag Archives: pandemic

Britain to extend pandemic relief in auto finance, high-cost credit

LONDON (Reuters) – Britain’s Financial Conduct Authority on Friday proposed extending pandemic relief measures for consumers with car financing contracts or high-cost credit until the end of October. The watchdog set out options for supporting consumers with motor finance, buy-now pay-later (BNPL), rent-to-own (RTO) and pawnbroking contracts who are coming to the end of a three-month payment freeze introduced after …

Read More »

Britain to Extend Pandemic Relief in Auto Finance, High-Cost Credit

LONDON — Britain’s Financial Conduct Authority on Friday proposed extending pandemic relief measures for consumers with car financing contracts or high-cost credit until the end of October. The watchdog set out options for supporting consumers with motor finance, buy-now pay-later (BNPL), rent-to-own (RTO) and pawnbroking contracts who are coming to the end of a three-month payment freeze introduced after Britain …

Read More »

Pandemic pay cut may see rise in corruption in sports: Report

Written by Mihir Vasavda | New Delhi | Updated: July 3, 2020 8:30:27 am A view of workers inside Al Bayt Stadium, Doha built for the upcoming 2022 FIFA World Cup. Earlier this year, Qatar has denied bribery allegations regarding the tournament’s hosting rights. (Source: Reuters) The economic crisis triggered by the Covid-19 pandemic could make sports more vulnerable to …

Read More »

Demand for loan against gold rises amid pandemic : The Tribune India

Vijay C RoyTribune News ServiceChandigarh, July 2 After losing job during the pandemic, Chandigarh-based Manpreet Kaur (name changed) mortgaged her gold as she needed money to pay her credit card dues. She did not opt for EMI moratorium because of high interest rate and instead took loan against gold at 7.5% interest from a public sector bank. Similarly, Rahul Sharma …

Read More »

Longtime Northgate barber shop hit hard by COVID-19 pandemic

COLLEGE STATION, Texas (KBTX) – Jesse Medina describes his barbershop as “an old time barbershop run by an old Navy guy.” Before opening Aggieland Barber Shop, Medina learned how to cut hair while serving in the military. “On that ship during the Korean War. I never thought I was going to be doing it this long,” said Medina. Medina has …

Read More »

For N.W.S.L., Federal Pandemic Relief Loan Saved Season Lost to Virus

As the coronavirus pandemic spread early this year, shutting down large portions of the United States economy, the federal government handed out more than $520 billion in forgivable loans to more than five million small businesses. Called the Paycheck Protection Program, the money was to be used to replace the incomes of employees suddenly unable to work as cities and …

Read More »

UK grants emergency loan to help steelmaker Celsa survive pandemic’s impact

Highlights UK says making loans to companies of strategic importance Loan to Celsa expected to be repaid in full London — The UK government confirmed July 2 it had provided an emergency loan to steelmaker Celsa Steel (UK) Ltd. to allow the company to continue trading amid difficult market conditions caused by the coronavirus pandemic. Not registered? …

Read More »
×