TelecomTop StoriesSpanish telecom major Cellnex to acquire Hivory through fund raisingGBO CorrespondentFebruary 4, 2021 GBO CorrespondentFebruary 4, 202101947 Cellnex, which currently has market capitalisation of € 23.9 bn, have rapidly flourished to become one of the top telecom providers in Europe through asset
InsuranceTop StoriesInsurer Swiss Re Corporate Solutions appoints new head for UK operations, othersGBO CorrespondentFebruary 4, 2021February 4, 2021 GBO CorrespondentFebruary 4, 2021February 4, 202101662 Ms Melanie Slack is currently serving as the head of the company’s Australia and New Zealand business and is expected to start the new role
AviationTop StoriesPhilippine Airlines to lay off 2,300 employeesGBO CorrespondentFebruary 4, 2021 GBO CorrespondentFebruary 4, 202101802 The layoff includes both voluntary separations and involuntary firings
Top StoriesSouth Korean government to ramp up construction of new homesGBO CorrespondentFebruary 4, 2021 GBO CorrespondentFebruary 4, 202102049 The government will construct 830,000 new homes by 2025 across the country
Top StoriesNigeria’s AGPC raises $260 mn for gas processing plant projectGBO CorrespondentFebruary 3, 2021 GBO CorrespondentFebruary 3, 202101962 The construction cost for the project is expected to be around $650 million, including taxes and finance cost
Top StoriesJeff Bezos to step down as Amazon’s CEO in Q3 Andy Jassy to leadGBO CorrespondentFebruary 3, 2021 GBO CorrespondentFebruary 3, 202101846 The company’s valuation surpassed the $1 trillion-mark last year and is currently worth more than $ 1.6 trillion
EconomyTop StoriesMalaysian economy to slow down with weak GDP growthGBO CorrespondentFebruary 3, 2021February 3, 2021 GBO CorrespondentFebruary 3, 2021February 3, 202101746 The government will integrate its private and public healthcare systems to tackle pandemic-related problems
Top StoriesAbu Dhabi Ports, AMLS to launch international maritime logistic servicesGBO CorrespondentFebruary 3, 2021 GBO CorrespondentFebruary 3, 202102085 The joint venture will be headquartered in Abu Dhabi and will operate under OFCO – Offshore International
Top StoriesTelefonica conducts open RAN trial in the UKGBO CorrespondentFebruary 2, 2021 GBO CorrespondentFebruary 2, 202101869 The Global Open RAN Center of Excellence in the UK has recently carried out an end-to-end testing and interoperability verification
Top StoriesCMA CGM partners with Port of Alexandria for new developmentsGBO CorrespondentFebruary 2, 2021 GBO CorrespondentFebruary 2, 202102531 The new terminal which is spread across an area of 560,000 square meters is slated for a 2022 launch