Raizen to acquire Shell’s lubricant business in Brazil
Raizen will also acquire a blending plant and a terminal in the state of Rio de Janeiro
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Philippines AirAsia partners with GCash to benefit travellers
The deal anticipates the demand for air travel to jump once the quarantine restrictions relax
UK ranks second in Europe for FDI
UK secured 975 FDI projects while France and Germany secured 985 and 930 respectively
GCC banks recovering fast from Covid-19: Report
The profit amount has reached $8.4 bn in the first quarter of 2021
African carriers lose Sh1.1 tn due to Covid-19 in 2020
The drop in the number of scheduled passengers fell from 95 mn in 2019 to 34.7 mn
Re-labelled Venezuela crude worth $3.5 bn enters China in 12 months
The fuel taxes can upend the flow of the sanctioned crude to China
Saudi Arabia’s privatisation plan to raise $55 bn
The plan includes identifying 160 projects in 16 sectors like asset sales and public-private partnerships
Islamic banks to boost Malaysia’s growth: S&P Global
Islamic banking could easily double loan growth at 10 to 12 percent or higher
Energy Chamber joins OPEC-Africa Energy Dialogue
OPEC-Africa Energy Dialogue was hosted to promote continent-wide cooperation initiatives
Investors prefer gold due to the volatility of cryptocurrencies
They prefer the precious metal because of its reliability and stability in the market