Domestic fuel margins improve: Petrobras stops crude sales to China
Petrobras CEO Castello Branco served the position until the President ousted him in February
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Peppermint Innovation signs agreement with Cebuana Lhuillier
The deal is the second agreement the fintech stock has signed with Cebuana
Thailand SEC allows Bitkub to resume services after suspension
Securities and Exchange Commission of Thailand has recently allowed Bitkub Online to resume services according to the media. The crypto exchange company will be accepting
Saudi startups raise $76 mn in the first quarter of 2021
Compared to the previous quarter, this is about a 137.5 percent increase and the raised funds were about $32 million
Japan and UAE partner on hydrogen technology, supply chain
The partnership is expected to currently reflect on the rising interest in investing in hydrogen to fight climate change
IMF approves $2.34 bn in financing for Kenya
The implementation of a 16% increase in VAT is to help the country to continue responding to the Covid-19 pandemic and limit public borrowing
Paymob secures $18.5 mn funding to expand in Saudi Arabia
The expansion at home is planned as the pandemic spurs a surge in cashless transactions
Apple to pay $3.4 mn over iPhone obsolescence in Chile
Around 150,000 users in Chile sued the company claiming underperformance after a software update
Access Bank plans trade finance expansion with Grobank acquisition
The lender recently received regulatory approval to acquire a controlling stake in Grobank
Container volume in major Chinese ports up by 10.8% in March
In late March, export container increased by 8.7% while the domestic volume saw an increase of 18 %