Ant to launch consumer finance firm in China’s Chongqing
The company will team up with TransInfo Technology and Nanyang Commercial Bank
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European oil majors complete oil drilling Egypt
The oil well has the capacity to produce mass production of gas as it delivered up to 32 MMSCFD of gas during testing
Toyota partners with Amazon for Cloud-based platform
The platform will help Toyota manage and monetise data from cars around the world
UAE to sign African continental free trade agreement in 2021
The agreement will pave the way for businesses across sectors to grow on the continent
China, Hong Kong see surge in share market after $100 billion capital infusion
The Hang Seng Index rose 0.7 percent, while the Shanghai Composite Index surged 2.3 percent
Temasek acquires$4.8 billion worth stake in BlackRock
The investment will make the Singaporean bank among the top five largest holders in BlackRock
The UK registers unexpected surge in home sales amid covid-19
The average asking prices in the UK is 4.6 percent in July and August
Adnoc to enter Indian lubricant market amid Covid-19 pandemic
The company’s net profits slumped 22.4 percent to Dh 910 million in the first quarter
Standard Chartered to launch virtual bank in Singapore
The launch will boost Standard Chartered’s digital strategy in Singapore
Brazil’s oil major Petrobras expands presence into Asia
Brazil imported an average of 1.07 million barrels per day of oil to Asian countries in Q1