Top StoriesBank of England to provide additional stimulus for UK’s economic revivalGBO CorrespondentOctober 21, 2020 GBO CorrespondentOctober 21, 202001605 The UK’s economy contracted a historic 19.8% in Q2
Top StoriesKTLN to boost Kenya’s ports, rail and pipeline servicesGBO CorrespondentOctober 21, 2020 GBO CorrespondentOctober 21, 202001709 The new framework is a part of the government’s parastatal Reforms that was adopted in 2013
TechnologyTop StoriesLulu Money adopts cloud to provide seamless transactions to customersGBO CorrespondentOctober 21, 2020 GBO CorrespondentOctober 21, 202001883 The development will pave the way for the company to fully utilise the cloud
Top StoriesChinese insurer Ping An raises $875 mn from GIC and othersGBO CorrespondentOctober 21, 2020 GBO CorrespondentOctober 21, 202001722 The $875 mn funding are created from a strip sale of assets from the company’s balance sheet
Top StoriesVerizon signs deal with Nokia; Microsoft to roll out private 5GGBO CorrespondentOctober 20, 2020 GBO CorrespondentOctober 20, 202001752 The establishment of private 5G networks will assist businesses to carry out operations applications based on AR and more
Top StoriesAllcargo expands its presence across Africa through new developmentsGBO CorrespondentOctober 20, 2020 GBO CorrespondentOctober 20, 202001908 The company assisted six African nations during the Covid-19 lockdown
Top StoriesJapan’s Mizuho Bank, JCB carry out pilot programme for a blockchain-based IDGBO CorrespondentOctober 20, 2020 GBO CorrespondentOctober 20, 202001641 Fujitsu has been using blockchain in its digital identity management tools since last year
Top StoriesIsraeli shipping company ZIM partners with Alibaba to offer sea freight servicesGBO CorrespondentOctober 20, 2020 GBO CorrespondentOctober 20, 202002208 The partnership has boosted the visualization process of Alibaba’s logistics platform
Top StoriesOfgem’s new licence rules to ease winter fuel billsGBO CorrespondentOctober 19, 2020 GBO CorrespondentOctober 19, 202001768 The UK regulator will frame new rules for suppliers to offer suitable debt terms or emergency credit for customers
Top StoriesFacebook appoints former HSBC executive for Libra NetworksGBO CorrespondentOctober 16, 2020 GBO CorrespondentOctober 16, 202001765 Ian Jenkins will be appointed as the chief financial officer and chief risk officer of Libra Networks