TechnologyTop StoriesUK’s HMRC all set to crack the whip on crypto tax evadersGBO CorrespondentJanuary 23, 2020 GBO CorrespondentJanuary 23, 202001196 The UK tax watchdog’s latest revised tax policies on crypto-related activities state that most crypto asset operations fall under the ambit of "taxable economic activity”.
EnergyTop StoriesTemasek, EQT join hands to launch renewable energy platform in IndiaGBO CorrespondentJanuary 23, 2020 GBO CorrespondentJanuary 23, 20200827 The duo will pump in $500 million into the platform, seeking over 4GW of installed capacity from solar and wind initiatives.
FinanceTop StoriesGrab, AirAsia, Razer among firms eyeing Malaysia’s digital bank licenceGBO CorrespondentJanuary 23, 2020 GBO CorrespondentJanuary 23, 20200808 Malaysia favours applicants whose equity is managed by indigenous firms.
TechnologyTop StoriesAirbus to set up second production unit for A321 jets in France, GermanyGBO CorrespondentJanuary 22, 2020 GBO CorrespondentJanuary 22, 20200790 The jets will be manufactured at Airbus’s headquarters in Toulouse, southern France and in Hamburg, Germany from 2022.
Top StoriesPetrobras loses $2 bn tax dispute, set to take judicial stepsGBO CorrespondentJanuary 22, 2020 GBO CorrespondentJanuary 22, 20200670 The company revealed it will refrain from making changes to its books
Top StoriesFlutterwave raises $35 mn in Series B; partners with WorldPlay, VisaGBO CorrespondentJanuary 22, 2020 GBO CorrespondentJanuary 22, 20200778 The current funding brings its total investment to date to $55 million
FinanceTop StoriesSingapore’s Tonik gets nod to open digital bank in PhilippinesGBO CorrespondentJanuary 21, 2020 GBO CorrespondentJanuary 21, 20200987 With a $140 billion retail deposit market, digital banks in Philippines have the scope for providing $100 billion signature loans to consumers.
Top StoriesBarclays to slash 100 senior jobs in corporate and investment businessGBO CorrespondentJanuary 21, 2020 GBO CorrespondentJanuary 21, 20200873 Barclays decision to slash jobs and save costs will mainly affect its managing director and director positions
FinanceTop StoriesNomura recruits dozens of private bankers for wealth management driveGBO CorrespondentJanuary 20, 2020 GBO CorrespondentJanuary 20, 20200798 The Japanese firm plans to increase the wealth it manages by five times to $50 billion by March 2026 by boosting its Asia presence
Top StoriesSaudi Arabia sees 1,131 new foreign companies setting shop in 2019GBO CorrespondentJanuary 20, 2020 GBO CorrespondentJanuary 20, 20200687 The fourth quarter was especially seen to be the busiest period with an increase of 305 companies from 238 in the previous year