Huawei sees unprecedented growth in Q1 despite US political pressureInternational Finance DeskApril 22, 2019 by International Finance DeskApril 22, 2019 By March end, the company signed 40 commercial contracts for 5G and shipped 70,000-plus 5G base stations... Read more
Ending the bungling: South Africa fund PIC seeks Bungane as CEOInternational Finance DeskApril 18, 2019 by International Finance DeskApril 18, 2019 Africa’s biggest asset manager seeks new head to set house in order... Read more
Pinterest valuation exceeds expectations, lifting tech gloom after Lyft IPOInternational Finance DeskApril 18, 2019 by International Finance DeskApril 18, 2019 The company raised around $1.4 billion at a $12.7 billion valuation, and will start trading on the NYSE today... Read more
Emirates NBD predicts higher economic activity in 2019, starts CFO huntInternational Finance DeskApril 17, 2019 by International Finance DeskApril 17, 2019 The profit at Dubai’s largest lender rose 15% to $735 million in Q1 2019... Read more
Qualcomm Settlement sets Apple on faster path to 5G iPhonesInternational Finance DeskApril 17, 2019 by International Finance DeskApril 17, 2019 Qualcomm’s dispute settlement involves a six-year patent license and a payment from Apple to Qualcomm... Read more
Arabian Centres IPO: Stake worth $1 bn offered to foreign, Saudi investorsInternational Finance DeskApril 17, 2019 by International Finance DeskApril 17, 2019 Retail investors can pick up the shares remaining after institutional investors take theirs... Read more
Hulu buys out AT&T’s 9.5% stake in it for $1.43 billionInternational Finance DeskApril 16, 2019 by International Finance DeskApril 16, 2019 Co-owner Disney might plan to roll out Hulu globally after AT&T's exit... Read more
Saudi Aramco boosts presence in Asian refining with Hyundai Oilbank stakeInternational Finance DeskApril 16, 2019 by International Finance DeskApril 16, 2019 The Saudi oil giant will take a 17% stake for $1.25 billion in the South Korean refining company... Read more
MTN’s stake in Jumia is worth $8.2 bn, but it may sell most of itInternational Finance DeskApril 16, 2019December 2, 2019 by International Finance DeskApril 16, 2019December 2, 2019 The African telecom operator can raise significant amount of valuable cash... Read more
Google data privacy: US law enforcement now uses Sensorvault databaseInternational Finance DeskApril 15, 2019 by International Finance DeskApril 15, 2019 The database makes it easier for officials to trace crime suspects as part of their investigations... Read more