Top StoriesAstraZeneca, Pfizer spur Covid-19 vaccine developmentGBO CorrespondentNovember 2, 2020 GBO CorrespondentNovember 2, 202001410 AstraZeneca is developing a vaccine in partnership with the University of Oxford
Top StoriesChinese banks see rebound in retail lending businessGBO CorrespondentNovember 2, 2020 GBO CorrespondentNovember 2, 202001424 The Bank of Communications recorded a slump in 6.9% Q3 net profit to 16.2 bn
Top StoriesNorway’s Johan Sverdrup to ramp up Q4 oil productionGBO CorrespondentNovember 2, 2020 GBO CorrespondentNovember 2, 202001554 The government cancelled plans to reduce crude oil production 250,000 bpd in June
Top StoriesUAE ranks first among the wealthiest Middle Eastern economies with 12 billionairesGBO CorrespondentNovember 2, 2020 GBO CorrespondentNovember 2, 202001747 According to Knight Frank, the Emirates has 1,681 UHNWIs with a wealth of over $30 mn
Top StoriesTelos’ new gig economy platform applies blockchainGBO CorrespondentOctober 30, 2020 GBO CorrespondentOctober 30, 202001365 The platform will bridge the gap between task givers and gig workers, assisting them in coordinating the completion of micro and macro gigs
Top StoriesDanish turbine manufacturer Vestas sees $832 mn deal with MHIGBO CorrespondentOctober 30, 2020 GBO CorrespondentOctober 30, 202001314 The deal between both companies will include MHI’s acquisition of a 2.5 percent stake in Vestas
Top StoriesAdnoc, India to deepen energy ties with more crude oil storage in Indian reservesGBO CorrespondentOctober 30, 2020 GBO CorrespondentOctober 30, 202001501 Adnoc is currently storing crude at two of India’s strategic reserves at Padur and Mangalore
Top StoriesChina will underpins its economic growth over the next five yearsGBO CorrespondentOctober 30, 2020 GBO CorrespondentOctober 30, 202001340 The country seeks to ramp up its per person GDP in line with moderately developed countries by 2035
Top StoriesTelecom Egypt to migrate its international gateway; signs deal with EricssonGBO CorrespondentOctober 29, 2020 GBO CorrespondentOctober 29, 202002086 Ericsson will migrate Telecom Egypt’s international gateway by deploying Ericsson’s Network Functions Virtualization Infrastructure
Top StoriesMeiji Yasuda Life Insurance to trim down holdings in foreign bond investmentsGBO CorrespondentOctober 29, 2020 GBO CorrespondentOctober 29, 202001426 Majority of the efforts will take place in the insurer’s US dollar-denominated assets