Advertisement
Canada markets close in 2 hours 31 minutes

  • S&P/TSX

    21,837.38
    -36.34 (-0.17%)
     

  • S&P 500

    5,030.47
    -41.16 (-0.81%)
     

  • DOW

    38,004.06
    -456.86 (-1.19%)
     

  • CAD/USD

    0.7312
    +0.0015 (+0.20%)
     

  • CRUDE OIL

    82.67
    -0.14 (-0.17%)
     

  • Bitcoin CAD

    88,187.34
    -665.10 (-0.75%)
     

  • CMC Crypto 200

    1,397.10
    +14.53 (+1.05%)
     

  • GOLD FUTURES

    2,342.90
    +4.50 (+0.19%)
     

  • RUSSELL 2000

    1,973.45
    -21.98 (-1.10%)
     

  • 10-Yr Bond

    4.6980
    +0.0460 (+0.99%)
     

  • NASDAQ

    15,535.58
    -177.17 (-1.13%)
     

  • VOLATILITY

    16.37
    +0.40 (+2.51%)
     

  • FTSE

    8,078.86
    +38.48 (+0.48%)
     

  • NIKKEI 225

    37,628.48
    -831.60 (-2.16%)
     

  • CAD/EUR

    0.6809
    -0.0010 (-0.15%)
     
MARKETS LIVE BLOG:

STOCKS SLIDE AFTER META'S REALITY CHECK, DOWNBEAT GDP

Caterpillar sinks 7% after earnings, management sees weakness in Europe, Asia-Pacific

Embraer to receive $600 million loan, partly backed by government, due to coronavirus

Reuters
Updated
The logo of Brazilian planemaker Embraer SA is seen at the company's headquarters in Sao Jose dos Campos

SAO PAULO (Reuters) - Planemaker Embraer said on Monday it will receive a $600 million loan, financed partly by Brazil's government, to help the company weather the coronavirus crisis that has ravaged the air travel industry.

Embraer had been lobbying for the loan since April, when a crucial deal with Boeing Co <BA.N> fell apart, leaving the Brazilian planemaker looking for new sources of liquidity. The loan will mature in four years.

(Reporting by Marcelo Rochabrun; Editing by Chris Reese)