Top StoriesPayments company VNPay becomes second startup unicorn in VietnamGBO CorrespondentDecember 7, 2020 GBO CorrespondentDecember 7, 202002958 VNPay invested $1.7 billion in the Southeast Asian fintech segment in 2019
Top StoriesKingswood appoints David Lawrence as UK CEOGBO CorrespondentDecember 4, 2020 GBO CorrespondentDecember 4, 202001402 Mr David Lawrence became the COO and commercial director in 2014 for Lloyds’ private banking and wealth businesses
Top StoriesGlobal energy efficiency progress slowing down amid pandemicGBO CorrespondentDecember 4, 2020 GBO CorrespondentDecember 4, 202001503 The reports state that energy intensity is expected to improve by only 0.8 percent this year due to a slump in energy prices
Top StoriesBrazil’s Q3 GDP strengthens due to surge in economic activityGBO CorrespondentDecember 4, 2020 GBO CorrespondentDecember 4, 202001399 The 7.7 percent GDP surge is lower than the 9 percent median forecast made by a Reuters poll of economists
Top StoriesHuawei’s optoelectronic chip project is ready, says reportsGBO CorrespondentDecember 4, 2020 GBO CorrespondentDecember 4, 202001423 The Huawei light fab project is part of the company’s largest research and development centre in central China
Top StoriesSaudi’s PIF seeks fresh loans from international banksGBO CorrespondentDecember 4, 2020 GBO CorrespondentDecember 4, 202001144 PIF acquired 2.04 percent in India’s largest retailer Reliance Retail Ventures
Top StoriesNigeria rolls out special bills to boost financial marketGBO CorrespondentDecember 3, 2020 GBO CorrespondentDecember 3, 202001353 The instrument is not applicable for repurchase agreement transactions related to the central bank
Top StoriesGlobal oil prices surge ahead of OPEC’s crucial meetingGBO CorrespondentDecember 3, 2020 GBO CorrespondentDecember 3, 202001298 OPEC has imposed production cuts of 7.7 million bpd this year
Top StoriesQantas Airways expects full year revenue hit due to pandemicGBO CorrespondentDecember 3, 2020 GBO CorrespondentDecember 3, 202001238 The company plans to float A$600 million in cost benefits for the current fiscal year
Top StoriesOceanwide gets re-approval by NDRC to complete acquisition of GenworthGBO CorrespondentDecember 3, 2020 GBO CorrespondentDecember 3, 202001197 Oceanwide was ready to acquire Genworth for $2.7 billion in cash in 2016