Liberty Global to acquire Sunrise Communications for 6.8bn francs
With the new acquisition, the company’s revenue will be worth 3.17 billion...
Sabic, Iberdrola partner to establish power chemical plant in Spain
Under the terms of the agreement, Iberdrola will inject $82.13 million to...
Indonesia’s Bank Mandiri to provide capital assistance to entrepreneurs
The Indonesian government has announced a stimulus package worth $8.35 billion for...
TrueMoney, Thunes partner to launch global remittance services
The partnership seeks to increase financial inclusion in Southeast Asia...
Equity Bank acquires 66.53% stake in Banque commerciale du Congo
With the acquisition, Equity Bank will have two subsidiaries in Congo...
NatWest slashes jobs as economic crisis deepens
This development also includes scrapping of three top level executives...
Chinese stock market receives $251.8 bn capital from mutual fund investors
Investors have sold about 1.75 trillion shares in 862 newly launched mutual...
China establishes oil deal with ADNOC
The deal is expected to be approved by Abu Dhabi’s Supreme Petroleum...
Aramco sees 73 % profit plunge in second quarter
The company’s Q2 cash flow was recorded to be $6.1 billion and...
UK to enter recession after GDP slumps by 21%
The first quarter saw a decline in the economy by 2.2 %...