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France, Brussels have agreed on Air France-KLM refinancing
April 22, 2021April 16, 2021 bgreelorg

France, Brussels have agreed on Air France-KLM refinancing

Business

The French government has reached the outline of a deal with the European Commission on a state-backed refinancing package to help strengthen Air France-KLM’s balance

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Leaker says they are offering private details of 500 million Facebook users
April 21, 2021April 16, 2021 bgreelorg

Leaker says they are offering private details of 500 million Facebook users

Business

A leaker says they are offering information on more than 500 million Facebook Inc users – including phone numbers and other data – virtually for

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Samsung first-quarter profit likely surged 45% on bumper smartphone, appliance sales
April 20, 2021April 16, 2021 bgreelorg

Samsung first-quarter profit likely surged 45% on bumper smartphone, appliance sales

Business

Samsung Electronics Co Ltd likely saw a 45% jump in profit for January-March on robust sales of smartphones, TVs and home appliances, though chip division

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Japan’s central bank kicks off experiments on issuing digital currency
April 19, 2021April 16, 2021 bgreelorg

Japan’s central bank kicks off experiments on issuing digital currency

Business

The Bank of Japan (BOJ) began experiments on Monday to study the feasibility of issuing its own digital currency, joining efforts by other central banks

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Greensill Bank customers get $3 billion in deposit protection scheme
April 18, 2021April 16, 2021 bgreelorg

Greensill Bank customers get $3 billion in deposit protection scheme

Business

Germany’s banking private banking association said on Monday that it had paid out around 2.7 billion euros ($3.17 billion) to more than 20,500 Greensill Bank

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South Korea’s LG becomes first major smartphone brand to withdraw from market
April 17, 2021April 16, 2021 bgreelorg

South Korea’s LG becomes first major smartphone brand to withdraw from market

Business

South Korea’s LG Electronics Inc will wind down its loss-making mobile division after failing to find a buyer, a move that is set to make

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Japan’s Mizuho says to revise contingency plan for system failure after recent glitches
April 16, 2021 bgreelorg

Japan’s Mizuho says to revise contingency plan for system failure after recent glitches

Business

Mizuho Financial Group Inc will revise its contingency plan for a system failure by the end of June, the lender said on Monday, after it

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