Shell to write off assets worth up to $22 bn due to Covid-19Pritam BordoloiJuly 1, 2020 by Pritam BordoloiJuly 1, 2020 Shell expects a 40% drop in sales in the second quarter... Read more
Dubai’s GDP declines 3.5% in first quarter year-on-yearPritam BordoloiJuly 1, 2020 by Pritam BordoloiJuly 1, 2020 Real estate activity registered a growth of 3.7% in Q1 2020... Read more
Airbus to let go around 15000 employees as pandemic hits businessPritam BordoloiJuly 1, 2020 by Pritam BordoloiJuly 1, 2020 Most of the layoffs are expected to be in Europe... Read more
Anglo American to purchase Brazil’s Casa dos Ventos’ wind powerInternational Finance Business DeskJune 30, 2020 by International Finance Business DeskJune 30, 2020 The 20-year power purchase agreement will commence in 2022... Read more
Kenya extends free mobile money transactions for cashless paymentsInternational Finance Business DeskJune 30, 2020June 30, 2020 by International Finance Business DeskJune 30, 2020June 30, 2020 For that reason, the central bank has extended free mobile money transactions less than Sh1,000... Read more
MFS Africa acquires Beyonic to bridge digital payments for African SMEsInternational Finance Business DeskJune 30, 2020June 30, 2020 by International Finance Business DeskJune 30, 2020June 30, 2020 Beyonic is a digital payments management provider for SMEs and fintechs across Africa... Read more
UK economy sees largest quarterly fall since 1979Pritam BordoloiJune 30, 2020 by Pritam BordoloiJune 30, 2020 GDP dropped by a quarterly 2.2% between January and March... Read more
Singtel launches insurance saving plan on its Dash appPritam BordoloiJune 30, 2020 by Pritam BordoloiJune 30, 2020 The insurance plan has a minimum initial premium of S$2,000, up to a maximum of S$20,000... Read more
Japan’s unemployment rate rises to a 3-year high in MayPritam BordoloiJune 30, 2020 by Pritam BordoloiJune 30, 2020 Japan’s unemployment rate climbed to 2.9% last month... Read more
GIG, Enso Energy to establish 1GW of subsidy-free solar in the UKInternational Finance Business DeskJune 29, 2020June 30, 2020 by International Finance Business DeskJune 29, 2020June 30, 2020 The subsidy-free solar developments will be backed by Power Purchase Agreements... Read more