Hard-hit firms mull market rescues as governments change support goalposts

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Hard-hit firms mull market rescues as governments change support goalposts

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06 April 2020, North Rhine-Westphalia, Gelsenkirchen: Schalke's co-trainer Christoph Bühler carries a goal across the pitch during FC Schalke training. The Bundesliga clubs are largely back on the training pitch during the Corona crisis - in small groups under the strictest official regulations. Photo: Guido Kirchner/dpa | Guido Kirchner/DPA/PA Images

Companies in sectors that lack government support packages are having to weigh moving quickly to secure costly private-sector rescue capital against waiting and hoping governments extend existing bailout or liquidity schemes to them. The cost of Carnival Corp’s $6.25bn package last week showed how expensive private sector cash can be, but many sectors’ prospects of receiving public money are better than the Panama-domiciled cruise company.

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