Japan’s Shinsei Bank acquires UDC Finance for $480 mn
This is Shinsei’s biggest acquisition till date...
Tag : Covid-19
FedEx, Microsoft to boost commerce in post-pandemic world
FedEx Surround will change the game for logistics industry with real-time analytics...
IMF lends $739 mn to Kenya; foreign reserve rises 9%
The country's usable foreign exchange reserves increased to $8,532 mn as of May 14...
KPA offers extension period for free storage of cargo containers
Importers and exporters will face charges ranging between $30 and $90 per day for cargo at the port beyond the extension period...
UK fintechs might have lost up £1.4 bn in investments
A study conducted by Qadre and techUK shows that 59% of fintech founders in the country have lost investment opportunities...
Brooge Petroleum leases six oil tanks in the UAE to Total
The lease will be for a period of six months, with a potential to renew for another six months...
UK watchdog seeks to clarify insurance claims for disrupted businesses
FCA has informed all insurers in the country to assess whether they should be providing partial policy refunds for businesses...
Colombian airlines Avianca files for bankruptcy
More than 80% of Avianca's income has been affected by the pandemic...
Nigeria suspends layoffs for banks despite difficult times
Commercial lenders will have to seek approval from the central bank to implement job cuts...
The pandemic pushes medtechs to build sustainable healthcare in the UK
IW Capital has invested £2 million in GPDQ to boost healthcare provisions on the back of rising patient demand...