Brazil’s oil major Petrobras expands presence into Asia
Brazil imported an average of 1.07 million barrels per day of oil...
August 2020
Airtel, Standard Chartered partner to increase mobile financial services in Africa
The new partnership will allow both companies to develop innovative products and...
ADIB records first quarter loss of Dh 587.6 million
The bank recorded a net revenue of DH 2.56 billion in the...
MAS invests SGD 250 mn over next three years to boost economy
The original FTSI scheme was started in 2015 when the MAS injected...
Liberty Global to acquire Sunrise Communications for 6.8bn francs
With the new acquisition, the company’s revenue will be worth 3.17 billion...
Sabic, Iberdrola partner to establish power chemical plant in Spain
Under the terms of the agreement, Iberdrola will inject $82.13 million to...
Indonesia’s Bank Mandiri to provide capital assistance to entrepreneurs
The Indonesian government has announced a stimulus package worth $8.35 billion for...
TrueMoney, Thunes partner to launch global remittance services
The partnership seeks to increase financial inclusion in Southeast Asia...
Equity Bank acquires 66.53% stake in Banque commerciale du Congo
With the acquisition, Equity Bank will have two subsidiaries in Congo...
NatWest slashes jobs as economic crisis deepens
This development also includes scrapping of three top level executives...