Chevron cuts capital spending budget by $4 billion

Source: Dukascopy Bank SA
Chevron Corp shares jumped by 21% on Tuesday after the company announced a spending cut of $4 billion, which was much deeper analysts than expected.
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Wed, 25 Mar 2020 04:47:20 GMT

Spanish government approves burden-sharing scheme for banks

On Tuesday, the Spanish government spokeswoman Maria Jesus Montero said that the state would guarantee up to 80% of SME bank loans to help curb the economic impact of the coronavirus crisis.

Wed, 25 Mar 2020 02:55:08 GMT

Facebook in talks to buy multibillion dollar stake in Reliance

According to the Financial Times report on Tuesday, Facebook Inc is in negotiations with Reliance Industries to acquire a 10% stake in telecom unit.

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