Singapore Airlines secures additional $1 bn in credit facilities
This is in addition to the $6.32 bn it raised from a rights issue, to deal with the COVID-19 crisis...
Category : Featured
Abu Dhabi Investment Authority buys 1.16% stake in Jio for $752 mn
So far, Reliance has now sold just over 21% of Jio Platforms...
ECB announces new pandemic stimulus worth $676 bn to fight Covid-19
This takes the total pandemic stimulus to $1.52 trn...
Mubadala Investment to buy 1.85% stake in Reliance Jio for $1.21 bn
So far, Reliance has sold a combined 19% interest in Jio...
Japanese healthtech Ubie secures $18.7 mn funding
The startup will use the new funds to expand its research and development capabilities...
The UK achieves record-breaking solar production with 77GW of electricity
It is reported that solar hit generation peak of 9.55GW in mid May...
Latam’s fintech sector is booming this year
In February, Chilean startup Global66 received $3.25 mn from UK investor Venrex to further expand across Latam...
Global air passenger traffic drops by 94.3% in April: IATA
According to IATA, it has not witnessed such decline in the history of IATA’s traffic series...
KCB to acquire Imperial Bank under receivership
Five years ago, Imperial Bank was placed under receivership on the basis of inappropriate banking practice...
Siemens to supply equipment for Petronas’ Gas Field Development Project
The project is developed in the South China Sea, offshore Sarawak in Malaysia...