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Alberta to participate in Opec+ call next week

Bloomberg Alberta Energy Minister Sonya Savage will participate in an Opec+ call next week aimed at resolving the global oil price war and will “keep an open mind” on how the province can participate in a solution, Premier Jason Kenney said. “We cannot have a meaningful impact on global prices because of our landlocked status,” Kenney said in response to ...

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Covid-19: Saudi firm delays $2b debt talks for Vodafone deal

Bloomberg Saudi Telecom Co has postponed talks to raise debt to fund the acquisition of Vodafone Group Plc’s stake in its Egyptian business because of the coronavirus outbreak, according to people with knowledge of the matter. Work on the acquisition is still continuing and the kingdom’s largest telecoms operator may resume negotiations with banks for a loan of more than ...

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Germany mulls $324 billion aid program for small firms

Bloomberg Germany is mulling an additional aid program for small- and medium-sized companies worth 300 billion euros ($324 billion) as the government seeks to limit the economic fallout from the coronavirus pandemic. The new loan guarantees would come on top of a barrage of measures to counter what Chancellor Angela Merkel has called the biggest challenge to the country since ...

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