Chile sees China step into its utilities with stake buyInternational Finance Business DeskNovember 17, 2020 by International Finance Business DeskNovember 17, 2020 State Grid Corporation of China will pay $3 billion to acquire 96 percent stake in Compania General de Electricidad... Read more
Ilara Health secures grant from Bill and Melinda Gates FoundationInternational Finance Business DeskNovember 17, 2020 by International Finance Business DeskNovember 17, 2020 The Kenya healthtech startup secured $1.1 million and the proceeds will be used to support maternal health outcomes... Read more
British banks prepare for negative interest ratesInternational Finance Business DeskNovember 17, 2020 by International Finance Business DeskNovember 17, 2020 For now, the the central bank has avoided falling into negative interest rates; former governor urges people to stash money at home... Read more
DP World Chile to invest $45 mn in Puerto Lirquen (PLQ)Pritam BordoloiNovember 17, 2020 by Pritam BordoloiNovember 17, 2020 The investment will establish the terminal as the largest multipurpose terminal in the Biobio region... Read more
Malaysia enables fintechs to offer digital loansPritam BordoloiNovember 17, 2020 by Pritam BordoloiNovember 17, 2020 The Malaysian Ministry of Housing and Local Government has granted approval for eight firms in the first round... Read more
How the Department of Finance in Ajman is responding to the pandemicInternational Finance Business DeskNovember 17, 2020November 17, 2020 by International Finance Business DeskNovember 17, 2020November 17, 2020 It has rolled out four economic stimulus packages aimed at mitigating the potential impact of the current economic situation caused by the pandemic... Read more
Cyrpto exchange Binance to discontinue its stablecoin BGPBPritam BordoloiNovember 17, 2020 by Pritam BordoloiNovember 17, 2020 Binance first listed the stablecoin in July last year... Read more
China installs nearly 700,000 5G base stations in 2020Pritam BordoloiNovember 17, 2020 by Pritam BordoloiNovember 17, 2020 China earlier planned to install 500,000 base stations this year... Read more
Orange’s new high-speed network to deepen connectivity in West AfricaInternational Finance Business DeskNovember 13, 2020 by International Finance Business DeskNovember 13, 2020 The network will be provided through Burkina Faso, Ivory Coast, Ghana, Guinea, Liberia, Mali, Nigeria and Senegal... Read more
IBM, AMD develop multi-year joint agreement to deepen AIInternational Finance Business DeskNovember 13, 2020November 13, 2020 by International Finance Business DeskNovember 13, 2020November 13, 2020 This will allow them to build open-source software and open system architectures... Read more