Bloomberg Carnival Corp. is in talks to raise as much as $7 billion as the cruise ship operator seeks to shore up its finances amid a halt on global travel, according to people with knowledge of the matter. The company, looking to raise cash to improve liquidity as the Covid-19 pandemic upends its business, is being advised by lenders including ...

Bloomberg The International Monetary Fund (IMF) asked the leaders of world’s biggest economies for more support to keep the international monetary system from seizing up due to the pandemic. The IMF sought backing to create a sizable quantity of reserve assets called SDRs, or special drawing rights, as it did in the 2009 global financial crisis, Managing Director Kristalina Georgieva ...

Bloomberg Hertz Global Holdings Inc. is discussing options with banks to raise cash as the rental-car company seeks to weather a worldwide slowdown in travel, according to people with knowledge of the matter. Among the options being discussed by the company and banks led by Barclays Plc are a first-lien loan, second-lien financing or collateralising the company’s vehicle fleet. Hertz ...