AviationFeaturedEthiopian Airlines launches cargo services to Hyderabad, IndiaPritam BordoloiApril 27, 2020 by Pritam BordoloiApril 27, 2020 Ethiopian Airlines will be operating Boeing 777-300 aircraft with a capacity of 50 metric tons per flight... Read more
FeaturedLogisticsSingapore-based logistics startup Moovas raises $7 mn fundingPritam BordoloiApril 27, 2020 by Pritam BordoloiApril 27, 2020 The company plans to expand in China, India, and Spain... Read more
FeaturedTechnologyChinese bitcoin mining machine manufacturer Ebang files for US IPOPritam BordoloiApril 27, 2020 by Pritam BordoloiApril 27, 2020 The company has set a placeholder amount of $100 mn... Read more
FeaturedOil & GasSaudi’s Public Investment Fund foresees opportunities post-pandemicInternational Finance Business DeskApril 24, 2020April 24, 2020 by International Finance Business DeskApril 24, 2020April 24, 2020 Earlier this month, the Public Investment Fund acquired stakes worth $1 bn in four European oil companies... Read more
EnergyFeaturedKenya seeks to increase efforts in renewable energyInternational Finance Business DeskApril 24, 2020 by International Finance Business DeskApril 24, 2020 Currently, Kenya records total hydropower capacity of 743 megawatts... Read more
AviationFeaturedCovid-19 could result in 400,000 jobs losses in UAE’s aviation industryInternational Finance Business DeskApril 24, 2020April 24, 2020 by International Finance Business DeskApril 24, 2020April 24, 2020 IATA believes job losses in the UAE’s aviation industry will be the highest compared to other Gulf nations... Read more
FeaturedInsuranceSingapore’s Insurtech Axinan raises funding, rebrands as IglooInternational Finance Business DeskApril 24, 2020April 24, 2020 by International Finance Business DeskApril 24, 2020April 24, 2020 InVent, Openspace Ventures, Linear Capital, Singtel Innov8, Cathay Innovation, and Partech Partners participated in the funding round... Read more
EconomyFeaturedTrade between China and Africa drops by 14% during Q1 2020International Finance Business DeskApril 24, 2020 by International Finance Business DeskApril 24, 2020 Chinese exports to African nations decreased by 10.5% due to the coronavirus pandemic... Read more
FeaturedFinanceChina Everbright launches fund to support Belt and Road InitiativeInternational Finance Business DeskApril 24, 2020April 24, 2020 by International Finance Business DeskApril 24, 2020April 24, 2020 The Everbright Belt & Road Green fund aims to attract $2.8 bn in investments to support green finance under the initiative... Read more
FeaturedTechnologySK Hynix expect chip demand to remain volatile during the pandemicInternational Finance Business DeskApril 23, 2020 by International Finance Business DeskApril 23, 2020 In the first quarter, the company reported operating profit of 800 bn won... Read more