FeaturedHealthcareTencent buys stake in UK-based genomics startup CongenicaWebAdminNovember 9, 2020November 9, 2020 by WebAdminNovember 9, 2020November 9, 2020 The startup will use the funds to expand its business globally... Read more
FeaturedTelecomEnacom approves proposal to extend the use of FSUInternational Finance Business DeskNovember 6, 2020 by International Finance Business DeskNovember 6, 2020 The fund will be directed for projects in network expansion and improving fixed broadband services in Argentina... Read more
Banking and FinanceFeaturedSaudi’s PIF makes second investment in RelianceInternational Finance Business DeskNovember 6, 2020 by International Finance Business DeskNovember 6, 2020 Reliance Retail will receive $1.3 billion from the sovereign fund in exchange for 2.04 percent stake... Read more
Banking and FinanceBusiness LeadersFeaturedSoftBank’s Vision Fund CEO retires; top execs resignPritam BordoloiNovember 6, 2020 by Pritam BordoloiNovember 6, 2020 Neil Hadley, who serves as the chief of staff to SoftBank’s Vision Fund, will be the successor of Rajeev Misra... Read more
EnergyFeaturedSN Power to acquire Vietnam’s Dam Nai Wind PowerPritam BordoloiNovember 6, 2020 by Pritam BordoloiNovember 6, 2020 SN Power will acquire 100 percent shares from Mekong Wind, marking its first wind farm acquisition in the country... Read more
FeaturedTechnologySingapore’s new efforts drum up its blockchain ecosystemPritam BordoloiNovember 6, 2020November 12, 2020 by Pritam BordoloiNovember 6, 2020November 12, 2020 Government-backed Tribe in collaboration with Infineon is fostering innovation and scaling up blockchain... Read more
FeaturedForexJP Morgan cuts foreign exchange exposure in Latam on US electionInternational Finance Business DeskNovember 5, 2020November 5, 2020 by International Finance Business DeskNovember 5, 2020November 5, 2020 Chile’s peso gained momentum across Latin American currencies earlier this week... Read more
EconomyFeaturedEgypt, US to extend economic cooperation through 2021-25International Finance Business DeskNovember 5, 2020November 5, 2020 by International Finance Business DeskNovember 5, 2020November 5, 2020 The ongoing cooperation is worth $1 billion across, reflecting Egypt’s commitment to economic development... Read more
FeaturedLogisticsUK logistics see increase in deal activityInternational Finance Business DeskNovember 5, 2020 by International Finance Business DeskNovember 5, 2020 It has recorded an increase in deal activity in the third quarter, despite a low deal volume year-to-date compared to the previous year... Read more
AviationFeaturedGlobal air passenger traffic dropped by 72.8% in September: IATAInternational Finance Business DeskNovember 5, 2020 by International Finance Business DeskNovember 5, 2020 Capacity was down by 63 percent compared to the previous year, and load factor dropped... Read more