Banking and FinanceTop StoriesMitsubishi UFJ Financial Group to bet ¥1 tn on new investment teamGBO CorrespondentJune 11, 2021 GBO CorrespondentJune 11, 202101365 It will help the bank to buy credit, equities and alternative assets and lift investment returns
AviationTop StoriesSingapore Airlines to resume Manchester operationsGBO CorrespondentJune 11, 2021June 11, 2021 GBO CorrespondentJune 11, 2021June 11, 202101228 It will operate the route three times a week using Airbus A350-900 aircraft
InsuranceTop StoriesUK motor insurance premiums to drop 6% in 2021 and 2022 due to Covid-19: EYGBO CorrespondentJune 10, 2021 GBO CorrespondentJune 10, 202101194 The loss will eventually save $38 per policy for insurance holders
Top StoriesWealth ManagementScalable Capital raises $180 mn to fuel its growth and expansion plansGBO CorrespondentJune 10, 2021 GBO CorrespondentJune 10, 202101340 The funding round was led by Chinese tech company Tencent
Islamic FinanceTop StoriesAafaq partners with TSLC to boost financial inclusionGBO CorrespondentJune 10, 2021June 10, 2021 GBO CorrespondentJune 10, 2021June 10, 202101402 The alliance is planning to set up an AI-powered financial wellness platform in the MENA region
EconomyTop StoriesChina‘s factory inflation reaches the highest level since 2008GBO CorrespondentJune 10, 2021 GBO CorrespondentJune 10, 202101306 Increased inflation rates will also boost pressure on the global economy
HealthcareTop StoriesPhilips and du signs partnership to improve healthcare in UAEGBO CorrespondentJune 9, 2021 GBO CorrespondentJune 9, 202101213 The collaboration will accelerate the critical, data-driven transformation of healthcare in the region
LogisticsTop StoriesICTSI Rio and IRB Logistica to contribute to Brazil’s economic growthGBO CorrespondentJune 9, 2021 GBO CorrespondentJune 9, 202101366 The support services will be through eco-friendly rail operations from the firms
EconomyTop StoriesWorld Bank upgrades Nigeria’s economic growth to 1.8%GBO CorrespondentJune 9, 2021June 9, 2021 GBO CorrespondentJune 9, 2021June 9, 202101425 Potential high oil prices, structural oil sector reforms and market-based flexible exchange rate management as the reasons for upgrades
Ports and ShippingTop StoriesCosco to acquire a minority stake in Port of HamburgGBO CorrespondentJune 9, 2021 GBO CorrespondentJune 9, 202101293 HHLA Container Terminal Tollerort (CTT) is a wholly-owned subsidiary of Hamburger Hafen und Logistik (HHLA)