Top StoriesTemasek acquires$4.8 billion worth stake in BlackRockGBO CorrespondentAugust 17, 2020 GBO CorrespondentAugust 17, 202001873 The investment will make the Singaporean bank among the top five largest holders in BlackRock
Top StoriesThe UK registers unexpected surge in home sales amid covid-19GBO CorrespondentAugust 17, 2020 GBO CorrespondentAugust 17, 202001395 The average asking prices in the UK is 4.6 percent in July and August
Top StoriesAdnoc to enter Indian lubricant market amid Covid-19 pandemicGBO CorrespondentAugust 17, 2020 GBO CorrespondentAugust 17, 202001544 The company’s net profits slumped 22.4 percent to Dh 910 million in the first quarter
Top StoriesStandard Chartered to launch virtual bank in SingaporeGBO CorrespondentAugust 17, 2020 GBO CorrespondentAugust 17, 202002478 The launch will boost Standard Chartered’s digital strategy in Singapore
Top StoriesBrazil’s oil major Petrobras expands presence into AsiaGBO CorrespondentAugust 14, 2020 GBO CorrespondentAugust 14, 202002241 Brazil imported an average of 1.07 million barrels per day of oil to Asian countries in Q1
Top StoriesAirtel, Standard Chartered partner to increase mobile financial services in AfricaGBO CorrespondentAugust 14, 2020 GBO CorrespondentAugust 14, 202001542 The new partnership will allow both companies to develop innovative products and drive financial inclusion
Top StoriesADIB records first quarter loss of Dh 587.6 millionGBO CorrespondentAugust 14, 2020 GBO CorrespondentAugust 14, 202001580 The bank recorded a net revenue of DH 2.56 billion in the first quarter
Top StoriesMAS invests SGD 250 mn over next three years to boost economyGBO CorrespondentAugust 14, 2020 GBO CorrespondentAugust 14, 202001543 The original FTSI scheme was started in 2015 when the MAS injected $225 million for five years
Top StoriesLiberty Global to acquire Sunrise Communications for 6.8bn francsGBO CorrespondentAugust 13, 2020 GBO CorrespondentAugust 13, 202002066 With the new acquisition, the company’s revenue will be worth 3.17 billion Swiss francs
Top StoriesSabic, Iberdrola partner to establish power chemical plant in SpainGBO CorrespondentAugust 13, 2020 GBO CorrespondentAugust 13, 202002216 Under the terms of the agreement, Iberdrola will inject $82.13 million to establish a 100MW solar PV facility