G30 report sees big corporate shakeout after Covid-19 | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 86%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

NEW YORK, Dec 14 — Figuring out which companies to save and which to let die will be a key challenge facing governments after the pandemic, according to a G30 report released today. The report sketches out a difficult post-pandemic economic environment in which firms must try to dig out from...

The report sketches out a difficult post-pandemic economic environment in which firms must try to dig out from massive debt levels built up to survive the downturn.. — Reuters pic

Once massive fiscal support programs run out, the group of international economists fears a solvency crisis. This includes encouraging “necessary or desireable business transformations” in sectors that are increasingly digitizing.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in BUSİNESS

Business Business Latest News, Business Business Headlines