Browsing: relief

Authorities were scrambling to rescue Credit Suiss as UBS AG sought $6 billion from the Swiss government as part of a possible purchase of its rival, a person with knowledge of the talks said.

Sri Lanka looks set to get a sign-off on a long-awaited $2.9 billion four-year bailout from the International Monetary Fund (IMF) on March 20 after the crisis-hit country secured new financing support from China. The IMF and the island nation confirmed on Tuesday that Sri Lanka