FinanceTop StoriesGrab, AirAsia, Razer among firms eyeing Malaysia’s digital bank licenceGBO CorrespondentJanuary 23, 2020 GBO CorrespondentJanuary 23, 20200807 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, 20200789 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, 20200777 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, 20200986 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, 20200872 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, 20200797 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, 20200686 The fourth quarter was especially seen to be the busiest period with an increase of 305 companies from 238 in the previous year
Top StoriesQatar Airways enters into codeshare alliance with Deutsche BahnGBO CorrespondentJanuary 17, 2020 GBO CorrespondentJanuary 17, 20200684 The airline presently runs 35 flights in a week between Doha and Frankfurt, Berlin and Munich
Top StoriesEtisalat to launch CloudTalk for SMEs in UAEGBO CorrespondentJanuary 17, 2020 GBO CorrespondentJanuary 17, 202001014 The telecom giant will launch the cloud-based communication service in collaboration with Ribbon Communications