Singapore’s Temasek eyes stake in troubled Virgin AtlanticPritam BordoloiMay 11, 2020May 11, 2020 by Pritam BordoloiMay 11, 2020May 11, 2020 Delta Air Lines currently holds 49% or Virgin Atlantic and the remaining 51% by Virgin Group... Read more
Shell plans to develop three solar power projects in BrazilInternational Finance Business DeskMay 8, 2020May 8, 2020 by International Finance Business DeskMay 8, 2020May 8, 2020 Chinese public and private investors are also showing significant interest in Brazil's renewables market... Read more
Kenya issues Sh50 bn bond to provide further supportInternational Finance Business DeskMay 8, 2020May 8, 2020 by International Finance Business DeskMay 8, 2020May 8, 2020 Even the IMF approved $1.23 bn of emergency funding for Kenya and Uganda... Read more
UK banks demonstrate financial strength to cope with Covid-19: BOEInternational Finance Business DeskMay 8, 2020May 8, 2020 by International Finance Business DeskMay 8, 2020May 8, 2020 The central bank observed that the UK is facing its harshest recession in 300 years... Read more
British Airways to restart operations partially in JulyPritam BordoloiMay 8, 2020May 8, 2020 by Pritam BordoloiMay 8, 2020May 8, 2020 The airline group does not expect to return to full capacity until 2023... Read more
Philippines’ economy shrinks for the first time in two decadesPritam BordoloiMay 8, 2020 by Pritam BordoloiMay 8, 2020 Its GDP declined by 0.2% in the first quarter of 2020... Read more
Malaysia’s BookDoc, WeDoctor join forces to fight against Covid-19Pritam BordoloiMay 8, 2020May 8, 2020 by Pritam BordoloiMay 8, 2020May 8, 2020 The companies will launch Global Consultation and Prevention Centres to assemble medical resources from different regions on one platform... Read more
Latin America’s venture capital landscape is flourishingInternational Finance Business DeskMay 7, 2020May 7, 2020 by International Finance Business DeskMay 7, 2020May 7, 2020 Brazil is leading with 54% of venture capital investment dollars in 2019 compared to 55.9% in the previous year... Read more
Abu Dhabi Securities Exchange starts $7 bn bond listingInternational Finance Business DeskMay 7, 2020May 7, 2020 by International Finance Business DeskMay 7, 2020May 7, 2020 Currently, the GCC's debt markets are demonstrating more resilience compared to other asset classes... Read more
Nigeria suspends layoffs for banks despite difficult timesInternational Finance Business DeskMay 7, 2020May 7, 2020 by International Finance Business DeskMay 7, 2020May 7, 2020 Commercial lenders will have to seek approval from the central bank to implement job cuts... Read more