Dubai Petroleum, Shelf Drilling mutually agree to terminate contract earlyInternational Finance Business DeskApril 9, 2020 by International Finance Business DeskApril 9, 2020 The original termination of the contract was supposed to take place in January 2022... Read more
Frasers Property temporarily shuts down assets in UK, GermanyInternational Finance Business DeskApril 9, 2020 by International Finance Business DeskApril 9, 2020 Its decision to shut down the hotels in the two countries is in an effort to curb the Cover-19 pandemic... Read more
DBS becomes the only non-Chinese bank for Haier’s digital financingInternational Finance Business DeskApril 9, 2020 by International Finance Business DeskApril 9, 2020 The bank and Haier's relief efforts in digital financing is aimed to help many businesses to cope with challenging times... Read more
Petrobras discovers oil in the Campos basin offshore BrazilInternational Finance Business DeskApril 9, 2020 by International Finance Business DeskApril 9, 2020 The oil giant will conduct a thorough study of the well to better target exploratory activities in the area... Read more
China’s Huayin Health secures $85 mn funding from GL CapitalInternational Finance Business DeskApril 9, 2020 by International Finance Business DeskApril 9, 2020 The company will increase investment in talent cultivation, research cooperation with third-party institutions, and the application of AI technology... Read more
Singapore’s KrisEnergy sells 30% Andaman II stake to BP for $15 mnInternational Finance Business DeskApril 8, 2020April 8, 2020 by International Finance Business DeskApril 8, 2020April 8, 2020 The Andaman II PSC is an exploration block over the North Sumatra Basin spanning 7,400 square kilometre... Read more
Logistics startup kwik secures funding to scale up in NigeriaInternational Finance Business DeskApril 8, 2020 by International Finance Business DeskApril 8, 2020 Founder of French video games company Ubisoft invested in the Lagos-based startup... Read more
GSV offers to buy ailing Malaysia Airlines for $2.5 bnInternational Finance Business DeskApril 8, 2020 by International Finance Business DeskApril 8, 2020 A European bank has reportedly agreed to fund the deal... Read more
Hong Kong-based fintech Neat secures $11 mn funding to fuel expansionInternational Finance Business DeskApril 8, 2020 by International Finance Business DeskApril 8, 2020 Investors who took part in the funding round includes Pacific Century, Visa and MassMutual Ventures... Read more
Safaricom, Vodacom complete M-Pesa acquisitionInternational Finance Business DeskApril 7, 2020 by International Finance Business DeskApril 7, 2020 The telcos completed the acquisition of the M-PESA brand, along with its product development and support services from Vodafone Group... Read more