Featured FintechUAE-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
Aviation FeaturedHong Kong announces HK$30 bn bailout package for Cathay PacificPritam BordoloiJune 9, 2020 by Pritam BordoloiJune 9, 2020 This marks the first time the Hong Kong government has invested in a private company... Read more
Economy FeaturedUAE’s economy to contract by 4.5% in 2020: World BankPritam BordoloiJune 9, 2020 by Pritam BordoloiJune 9, 2020 Economy to recover and grow by 1.4% next year... Read more
Featured HealthcareUK’s AstraZeneca approaches rival Gilead for potential mergerPritam BordoloiJune 8, 2020 by Pritam BordoloiJune 8, 2020 Both companies are leading the fight against Covid-19 in their respective countries... Read more
Aviation FeaturedSingapore Airlines secures additional $1 bn in credit facilitiesPritam BordoloiJune 8, 2020 by Pritam BordoloiJune 8, 2020 This is in addition to the $6.32 bn it raised from a rights issue, to deal with the COVID-19 crisis... Read more
Economy MagazineIs recession 2020 pointing to another Great Depression?WebAdminJune 5, 2020June 9, 2020 by WebAdminJune 5, 2020June 9, 2020 The global economy is facing the gravest threat seen in the last two centuries because of the protracted pandemic... Read more
Economy FeaturedECB announces new pandemic stimulus worth $676 bn to fight Covid-19Pritam BordoloiJune 5, 2020 by Pritam BordoloiJune 5, 2020 This takes the total pandemic stimulus to $1.52 trn... Read more
Featured HealthcareJapanese healthtech Ubie secures $18.7 mn fundingPritam BordoloiJune 5, 2020 by Pritam BordoloiJune 5, 2020 The startup will use the new funds to expand its research and development capabilities... Read more
Economy MagazineThe pandemic is hitting Britain’s Brexit plan hardWebAdminJune 5, 2020June 5, 2020 by WebAdminJune 5, 2020June 5, 2020 The protracted pandemic is especially challenging for the UK on the back of rising Brexit agonies... Read more
Aviation FeaturedGlobal air passenger traffic drops by 94.3% in April: IATAPritam BordoloiJune 4, 2020 by Pritam BordoloiJune 4, 2020 According to IATA, it has not witnessed such decline in the history of IATA’s traffic series... Read more