Spanish banks focus on mergers due to fear over another economic crisis
The country’s second largest bank BBVA is mulling a possible tie up with Banco Sabadell
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European oil refiners mull permanent closures of refinery units
Petroineos is planning to permanently close down a few of its units at the 210,000-bpd Grangemouth refinery in Scotland
UAE central bank’s total assets surge 2 percent in Q3
Resident deposits surged by 6.4 percent annually and the non-resident deposits slumped 0.8 percent
Mainland China home buyers shift focus to Singapore and Portugal
Property investors from mainland China have shifted to Porto and Lisbon as the Portuguese government plans to remove the golden visa programme in 2021
Edinburgh’s Modulr receives £9 million funding from PayPal
The company has developed capabilities to settle and hold funds at the Bank of England after it became a participant of BACS
Zurich, Paris, Hong Kong recognised as the most expensive cities
They have surpassed Singapore and Osaka, while Damascus is the lowest in terms of cost of living
UK Energy major SSE takes a hit amid cleantech energy push
The energy company is gearing up to invest £7.5 billion in projects related to low carbon
Dubai entrepreneur Khurram Shroff to invest $10 million in ethereum
Khurram Shroff has purchased around 20,000 ether stakes in the plan to roll out ethereum 2.0
PIF ramps up stake in ACWA Power from 33.6% to 50%
ACWA aims to achieve its target of more than $10 billion in new investments this year
Covid-19 sees bike hailing startup SafeBoda quit Kenya
The startup, which entered Kenya in 2018 will cease operations on November 27