Beike to raise $2 billion for its US IPO debut
Beike would be valued at the top of its IPO range at about $21 bn based on the outstanding Class A and Class B shares
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Access Bank takes over Namibian firm Cavmont Capital
As a part of the agreement, Capricorn will inject $300 million into Access Bank as a re-investment
Glencore scraps dividend after recording Q1 loss
The company has faced debt worth $3.2 billion due to the pandemic
ICON Corporate Finance becomes lead advisor for Africa fintech deal
The deal is expected to boost Africa's mobile money development as it still lacks access to payment apps
Oman, Tethys Oil ink exploration and production deal
Tethys Oil will carry out exploration in southern Oman
MTN seeks to foray into Africa by ending its Middle Eastern operations
Currently, there are 257 MTN million customers in 21 countries
England’s economic revival will take time: BoE
A 9.5 percent plunge in the economy is expected this year
HSBC slashes bonus pool by $600 million in Q1
The bonus pool shrank despite a 55 percent surge in the bank’s second quarter revenue
DBS, United Overseas Bank see slump in profits
The net income of DBS shrank by 22 percent compared to a year earlier
The Philippines enters recession amid Covid-19 pandemic
The economy slumped by 16.5 percent in the last three months