BankingFeaturedSouth Africa slashes interest rates to lowest in four yearsBharath KumarJanuary 17, 2020March 18, 2020 by Bharath KumarJanuary 17, 2020March 18, 2020 The Monetary Policy Committee voted in unison to lower the repurchase rate to 6.25% from 6.5%... Read more
FeaturedTechnologyMozilla lays off 70 employees on the back of revenue struggleBharath KumarJanuary 17, 2020March 18, 2020 by Bharath KumarJanuary 17, 2020March 18, 2020 The organisation is planning to diversify its revenue generation from sources outside of search partnerships... Read more
FeaturedFinanceSouth Africa reduces cheque limits to boost the use of B2B epaymentsBharath KumarJanuary 17, 2020March 18, 2020 by Bharath KumarJanuary 17, 2020March 18, 2020 Checks can be written below $3,500 to encourage businesses to utilise more epayment options... Read more
EnergyFeaturedEBRD to finance Masdar, Infinity joint projects for up to $60 mnBharath KumarJanuary 17, 2020March 18, 2020 by Bharath KumarJanuary 17, 2020March 18, 2020 The joint venture known as Infinity Power will work on renewable energy projects in Africa and Egypt... Read more
BankingFeaturedUK banks expect rise in demand for credit card borrowingBharath KumarJanuary 17, 2020March 18, 2020 by Bharath KumarJanuary 17, 2020March 18, 2020 The Bank of England predicts credit card borrowing by households will increase by 14.3 percent over next three month... Read more
FeaturedOil & GasIEA says no impact on oil market despite US-Iran rowBharath KumarJanuary 17, 2020March 18, 2020 by Bharath KumarJanuary 17, 2020March 18, 2020 Oil prices have fallen after leaping $4 per barrel... Read more
EconomyFeaturedSingapore sees export rebound with 2.4% increase last DecemberBharath KumarJanuary 17, 2020March 18, 2020 by Bharath KumarJanuary 17, 2020March 18, 2020 Pharmaceuticals, specialised machinery and non-monetary gold shipments have fuelled export growth in Singapore... Read more
Asset ManagementFeaturedQatar-aided private bank plans hiring spree eyeing global expansionBharath KumarJanuary 17, 2020March 18, 2020 by Bharath KumarJanuary 17, 2020March 18, 2020 Quintet has around €70 billion of assets under management and is a combination of seven boutique wealth management firms... Read more
BankingFeaturedCiti Singapore adjusts pay for women to bridge gender gapBharath KumarJanuary 17, 2020March 18, 2020 by Bharath KumarJanuary 17, 2020March 18, 2020 The bank’s global pay equity review found that women staff did not receive equal compensation for the same task performed... Read more
FeaturedOil & GasAdnoc lures foreign investors to explore new financing optionsBharath KumarJanuary 16, 2020March 18, 2020 by Bharath KumarJanuary 16, 2020March 18, 2020 The oil giant has raised more than $19 billion from foreign investors in the last three years... Read more