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Search results: “International sales”

6 stories found

Small-business financeSingle source

For restaurants, Covid was a crisis — pandemic loans have become a disaster

US restaurants that relied on EIDL loans during the pandemic are now struggling with debt and collections. A congressional report says delinquencies have exceeded 30%, with $75.2 billion in loans charged off as of last June.

  • More than 30% of EIDL loans were delinquent, with $75.2 billion charged off as of last June.
  • The US government issued 3.9 million pandemic EIDL loans worth $378.4 billion.
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The Guardian Business
US and international politicsSingle source

Trump’s Russia energy deals fail to ease pressure before crucial elections

Donald Trump announced a deal with Vladimir Putin to supply Russian diesel to the United States and later touted an energy ceasefire between Russia and Ukraine. Diesel prices remain above $6 a gallon, while Russia continued attacks on Ukrainian energy facilities.

  • Trump announced plans for the United States to receive hundreds of millions of tons of Russian diesel.
  • Russia did not confirm the energy ceasefire and attacked Ukrainian power plants after its announcement.
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BBC World
International salesSingle source

Australian dramedy ‘Her Last Laugh’ heads to Busan buyers with new sales agent

Hong Kong-based Cappu Films is introducing Australian dramedy ‘Her Last Laugh’ to buyers at the Asian Contents & Film Market during the Busan International Film Festival. The company has taken on sales rights outside Australia and New Zealand.

  • Cappu Films has taken on sales for ‘Her Last Laugh’ outside Australia and New Zealand.
  • The film is being presented to buyers at the Asian Contents & Film Market during the Busan International Film Festival.
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Variety Film
BusinessSingle source

Europe’s car makers turn to defence as Ford bids for 9,000 army vehicles

European car makers are seeking defence contracts as civilian demand, electric-vehicle sales and production volumes come under pressure. Ford and partners are bidding to supply 9,000 light vehicles to the British Army, while Renault and Volkswagen are pursuing separate military projects.

  • Ford, General Dynamics and Ricardo are bidding to supply 9,000 light army vehicles in Britain.
  • Ford’s Dagenham plant has cut annual engine output from 90,000 to about 45,000.
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BBC Business