Brazil’s Q2 GDP stumbles 9.4 percent
The country’s GDP slumped 9.4% in April-June in quarter-on-quarter terms
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Africa’s ESPartners to provide Covid-19 assistance for SMEs
The development is a part of the African Resilience Initiative for Entrepreneurs
Saudi’s SWCC signs MoU with Fluid Technology Solutions
The American company install an advanced gadget in desalination plants owned by SWCC
Sunpower ink 76.8 million yuan deal with Chongqing Iron & Steel Company
Sunpower has won its second tender to work for the Chinese steel manufacturer
Aramco to open corporate development organisation in Saudi Arabia
The company’s second quarter profit slumped by 73 percent
SoftBank-backed OneConnect seeks to boost business outside Southeast Asia
The firm’s share prices surged 115 percent
Major Chinese banks incur Q1 losses amid Covid-19 pandemic
Banks recorded a 9.4 percent dip in their Q1 net profit
Petronas plans to acquire DoublePoint Energy
DoublePoint Energy pumps about 55,000 barrels of oil a day
Petrobras and Microsoft continue to work together despite of Covid 19 pandemic
The oil major will process its myriad of geological data with the help of Microsoft’s AI-based technology
Nigeria aims to increase oil production by 250,000 Bpd
The country is aiming for 500,000 bpd by 2022