Top StoriesGlencore scraps dividend after recording Q1 lossGBO CorrespondentAugust 7, 2020 GBO CorrespondentAugust 7, 202002030 The company has faced debt worth $3.2 billion due to the pandemic
TechnologyICON Corporate Finance becomes lead advisor for Africa fintech dealGBO CorrespondentAugust 7, 2020 GBO CorrespondentAugust 7, 202002249 The deal is expected to boost Africa's mobile money development as it still lacks access to payment apps
Top StoriesOman, Tethys Oil ink exploration and production dealGBO CorrespondentAugust 7, 2020 GBO CorrespondentAugust 7, 202002249 Tethys Oil will carry out exploration in southern Oman
Top StoriesMTN seeks to foray into Africa by ending its Middle Eastern operationsGBO CorrespondentAugust 6, 2020 GBO CorrespondentAugust 6, 202001938 Currently, there are 257 MTN million customers in 21 countries
Top StoriesEngland’s economic revival will take time: BoEGBO CorrespondentAugust 6, 2020 GBO CorrespondentAugust 6, 202001751 A 9.5 percent plunge in the economy is expected this year
Top StoriesHSBC slashes bonus pool by $600 million in Q1GBO CorrespondentAugust 6, 2020 GBO CorrespondentAugust 6, 202002095 The bonus pool shrank despite a 55 percent surge in the bank’s second quarter revenue
Top StoriesDBS, United Overseas Bank see slump in profitsGBO CorrespondentAugust 6, 2020 GBO CorrespondentAugust 6, 202002030 The net income of DBS shrank by 22 percent compared to a year earlier
Top StoriesThe Philippines enters recession amid Covid-19 pandemicGBO CorrespondentAugust 6, 2020 GBO CorrespondentAugust 6, 202003215 The economy slumped by 16.5 percent in the last three months
Top StoriesWiserfunding seeks to foray into Indian marketGBO CorrespondentAugust 5, 2020 GBO CorrespondentAugust 5, 202002417 The company will inject $3 million to $5 million for the development
Top StoriesHong Kong’s pre-owned homes sales slump amid Covid-19 pandemicGBO CorrespondentAugust 5, 2020 GBO CorrespondentAugust 5, 202001793 Several buyers have shifted their interest toward new project