HSBC reports unexpected first quarter profit amid Covid-19 pandemic
On a net basis, the bank reported a second-quarter profit of $192 million
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Lloyds Bank announces £2.4 billion provision fund to tackle bad loans
The bank has reported a pre-tax loss worth £676 million in the first half of the year
PMI Comercio Internacional to revamp its fuel importing practices
Pemex imported 607,000 barrels of gasoline and other fuel per day in the first half of the year
Indonesia eyes thermal coal exports amid Covid-19 pandemic
Indonesia’s thermal coal exports declined by 8 percent in the first five months of 2020 compared with a year ago
JD.com invests $100 mn for stake acquisition in Li & Fung
Both companies will work on a global supply chain initiative known as 'supply chain of the future'
Shell, Eneco partner to build 750MW wind farm in the Netherlands
The Netherlands aims to generate 3,500MW of offshore wind power by 2023
Standard Bank share price surges unexpectedly amid Covid-19 outbreak
It is expected that many smaller banks in South Africa could face the worst slump in the coming days
Sabic to establish the world’s largest industrial renewable power plant
Sabic and Iberdrola will work together for the development in Spain
Southeast Asian companies gear up for IPO launch
MR.DIY, Converge ICT Solutions and Areit are preparing for their IPO debuts
JP Morgan plans to issue virtual credit card for clients
The investment bank is collaborating with Marqeta for a successful rollout