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  2. cash reserves

News tagged with cash reserves

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Business

SoftBank to sell up to $41 bn in assets to buy shares, lower debt

SoftBank Group said Monday it would sell up to $41 billion in assets to finance a stock buyback, reduce debts and increase its cash reserves after weeks of heavy losses in its shares.

Mar 23, 2020

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Business

'Worse than 9/11': Coronavirus threatens global airline industry

Fears of massive bankruptcies and calls for emergency bailouts swept global airlines Tuesday as a top US official warned the coronavirus crisis threatens the industry even more than the September 11 attacks, which saw US ...

Mar 17, 2020

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