Tuesday, Apr 7, 2026

International Finance

Tag : Finance

Fintech

Youzu acquires Bigpoint; 30m to market new game Hocus Puzzle

International Finance Desk
by International Finance Desk
Acquisition will create significant market share for the joint entity in over 200 countries March 23, 2016 – Bigpoint GMBH, a global leader in free-to-play online and mobile gaming publishing announced that an agreement has been reached for the acquisition of Bigpoint GMBH by Youzu Interactive Co, Ltd. Subject to Chinese acquisition processes, the transaction is due...
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Fintech

Scott Logic launches new technology demo

International Finance Desk
by International Finance Desk
This will allow users to explore the price and performance of stocks via a novel desktop interface March 23, 2016: Bespoke software development consultancy Scott Logic has launched a new application that demonstrates its expertise in HTML5, allowing users to explore the price and performance of various stocks via a novel desktop interface. The StockFlux demo,...
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Economy

Union budget: Startups give a thumbs up

International Finance Desk
by International Finance Desk
Rural India and agriculture sector also get a boost IFM Correspondent February 29, 2016: India, it seems, is all set to promote her ‘startup destination’ image — at least that is what looks from the budget speech of Union Finance Minister Arun Jaitley. Jaitley introduced a slew of measures to promote a healthy and vibrant...
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Economy

China: From goods to services

International Finance Desk
by International Finance Desk
In 2016, the Asian economic giant’s output is projected to soften gradually Ousmène Mandeng February 26, 2016: China’s slowdown has led to a considerable recalibration of market views. It is the third biggest economy after the US and the EU and is set to overtake the EU as the second largest by 2020. Clearly, China...
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Economy

Rail budget: No hike in freight fares

International Finance Desk
by International Finance Desk
Focus on improving consumer experience February 25, 2016: The Narendra Modi-led NDA government on Thursday announced the railway budget. Suresh Prabhu, Union Railway Minister, while keeping the freight fares unchanged, announced four special trains — Tejas (with onboard entertainment and other world-class service), Uday (double-decker trains on busiest routes), Antyodaya Express (long distance train for...
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Banking

Materialising the concept of ‘Insurance for Everyone’

International Finance Desk
by International Finance Desk
The insurance penetration in Bangladesh is less than 1%, which shows the current scenario of the market February 15, 2016: The insurance industry in Bangladesh is considered to be an untapped sector. It has one of the lowest insurance penetrations in the world (around 1%). While some choose to be pessimistic about it, insurance experts...
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Banking

BisB rights offer 100% subscribed

International Finance Desk
by International Finance Desk
Message from bank CEO Hassan Amin Jarrar February 11, 2016: Bahrain Islamic Bank (BisB) announced the final result of the subscription in the capital increase offered during the period from 15th November to 29th November 2015 with 100% being subscribed. Total number of shares offered for the existing shareholders was 170,940,171 ordinary shares. Total shares subscribed were...
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Uncategorized

World’s largest concentrated solar plant opened in Morocco

International Finance Desk
by International Finance Desk
Underlines country’s determination to reduce dependence on fossil fuels February 10, 2016: Morocco recently launched the first phase of the largest concentrated solar power (CSP) plant in the world.  When fully operational, the plant will produce enough energy for more than one million Moroccan households. Inaugurated by His Majesty Mohammed VI of Morocco, the solar...
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Business Leaders

Ratan Tata’s most cherished moment

International Finance Desk
by International Finance Desk
Says Nano launch elevated Tata Group in terms of visibility IFM Correspondent February 5, 2016: Kalaari Capital, a leading Indian venture capital firm, on February 5 launched Kstart, a seed programme for the next generation of entrepreneurs with disruptive ideas. Ratan Tata, veteran businessman and Tata Group Chairman Emeritus, has taken a mentor’s role with...
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FinanceIslamic Banking

The global route for Islamic banks

International Finance Desk
by International Finance Desk
Revamping IT architecture will be transformative for Islamic banks in 2016 Hans Tesselaar January 22, 2016: One of the fastest growing divisions of the international finance industry today is Islamic banking. The industry, mostly hailing from the Middle East, is estimated to value in excess of $1.48 trillion. Look ahead further into 2016 and we...
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