Chinese insurer Ping An raises $875 mn from GIC and others
The $875 mn funding are created from a strip sale of assets from the company’s balance sheet
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Verizon signs deal with Nokia; Microsoft to roll out private 5G
The establishment of private 5G networks will assist businesses to carry out operations applications based on AR and more
Allcargo expands its presence across Africa through new developments
The company assisted six African nations during the Covid-19 lockdown
Japan’s Mizuho Bank, JCB carry out pilot programme for a blockchain-based ID
Fujitsu has been using blockchain in its digital identity management tools since last year
Israeli shipping company ZIM partners with Alibaba to offer sea freight services
The partnership has boosted the visualization process of Alibaba’s logistics platform
Ofgem’s new licence rules to ease winter fuel bills
The UK regulator will frame new rules for suppliers to offer suitable debt terms or emergency credit for customers
Facebook appoints former HSBC executive for Libra Networks
Ian Jenkins will be appointed as the chief financial officer and chief risk officer of Libra Networks
Uber capitalises on South Africa’s pharma market
The company has forayed into the African marketplace with a single application, increasing the level of competitiveness
Standard Bank’s $4 bn commitment toward fossil fuel raise concerns
Africa’s largest lender by assets has loans and commitment to oil and gas and coal sectors on its books
China’s sees surge in imports, exports with ease in trade restrictions
In September, the mainland’s exports increased 9.9 percent from the previous year
