If the COVID-19 crisis really is unprecedented, using the old debt playbook isn’t good enough

Dave McKay, chief executive of Royal Bank of Canada, said last month that the federal government should raise the “forgivable” portion of its emergency small-business loan program to as much as 75 per cent from the current 25 per cent, or $10,000, whichever is greater. Read More More: https://ift.tt/3bECa5Q

Saudi wealth fund boosts U.S. holdings with stakes in Citi, Boeing, Facebook

DUBAI/BENGALURU — Saudi Arabia’s sovereign wealth fund has bought minority stakes in major American companies including Boeing, Facebook and Citigroup , a regulatory filing showed, giving it a portfolio of nearly $10 billion in U.S.-listed stocks. The $300 billion Public Investment Fund (PIF) has been buying minority stakes in companies across the world, taking advantage […]

Saudi wealth fund boosts U.S. holdings with stakes in Citi, Boeing, Facebook

DUBAI/BENGALURU — Saudi Arabia’s sovereign wealth fund has bought minority stakes in major American companies including Boeing, Facebook and Citigroup , a regulatory filing showed, giving it a portfolio of nearly $10 billion in U.S.-listed stocks. The $300 billion Public Investment Fund (PIF) has been buying minority stakes in companies across the world, taking advantage […]

Saudi wealth fund boosts U.S. holdings with stakes in Citi, Boeing, Facebook

DUBAI/BENGALURU — Saudi Arabia’s sovereign wealth fund has bought minority stakes in major American companies including Boeing, Facebook and Citigroup , a regulatory filing showed, giving it a portfolio of nearly $10 billion in U.S.-listed stocks. The $300 billion Public Investment Fund (PIF) has been buying minority stakes in companies across the world, taking advantage […]

Saudi sovereign fund buys minority stakes in Citi, Boeing, Facebook

DUBAI — Saudi Arabia’s sovereign wealth fund has bought minority stakes in major American companies including Boeing, Facebook and Citigroup, according to a U.S. regulatory filing. The $300 billion Public Investment Fund (PIF) has been buying minority stakes in companies across the world, taking advantage of market weakness in the wake of the coronavirus outbreak. […]