EnergyFeaturedMainstream achieves 30% progress in Andes Renovables projectInternational Finance Business DeskJune 12, 2020 by International Finance Business DeskJune 12, 2020 The Andes Renovables project comprises construction of four renewable energy parks in Chile... Read more
BankingFeaturedGoldman Sachs temporarily closes Marcus for new UK customersInternational Finance Business DeskJune 12, 2020 by International Finance Business DeskJune 12, 2020 Since the start of the pandemic, deposits worth $5.1 billion flooded the account, with Marcus now holding an approximate total of $27 billion... Read more
FeaturedOil & GasGlobal investment in oil and gas to see 29% decline from last yearInternational Finance Business DeskJune 12, 2020 by International Finance Business DeskJune 12, 2020 On an estimate, energy companies will spend $383 billion this year on oil and gas drilling and pumping... Read more
EconomyFeaturedUAE central bank expects recovery of economic activities in H2Pritam BordoloiJune 12, 2020 by Pritam BordoloiJune 12, 2020 It also expects the stimulus packages announced by the government to have high impact... Read more
AviationFeaturedVietnam Airlines to resume international operations in JulyPritam BordoloiJune 12, 2020June 12, 2020 by Pritam BordoloiJune 12, 2020June 12, 2020 The carrier resumed all domestic operations earlier this month... Read more
EconomyFeaturedThailand’s economy to contract by 8.9% in 2020: ExpertsPritam BordoloiJune 12, 2020 by Pritam BordoloiJune 12, 2020 Productivity, confidence and consumer spending will remain low in the period ahead... Read more
AviationFeaturedCathay Airways set to receive $5 billion lifeline to avoid collapseInternational Finance Business DeskJune 11, 2020 by International Finance Business DeskJune 11, 2020 The struggling airline will sell HK$19.5 billion of preference shares along with HK$1.95 billion of warrants to the government... Read more
EnergyFeaturedEnergyPro to raise $2.5 mn to foray into India’s energy marketInternational Finance Business DeskJune 11, 2020June 11, 2020 by International Finance Business DeskJune 11, 2020June 11, 2020 India is a prime market for energy efficiency programmes — and seeks to reduce carbon emissions footprint by 33.5 percent by 2030... Read more
FeaturedTechnologySaudi Arabia uses blockchain to transfer funds into local banksPritam BordoloiJune 11, 2020 by Pritam BordoloiJune 11, 2020 The move was a part of the Saudi central bank’s plan to explore latest technological innovation... Read more
FeaturedFintechUAE-based Fintech TPAY Mobile acquires 100% stake in Turkey’s PayguruPritam BordoloiJune 11, 2020 by Pritam BordoloiJune 11, 2020 The deal is subject to the approval of the Central Bank of the Republic of Turkey and the Competition Authority... Read more