Top StoriesHuawei’s optoelectronic chip project is ready, says reportsGBO CorrespondentDecember 4, 2020 GBO CorrespondentDecember 4, 202001405 The Huawei light fab project is part of the company’s largest research and development centre in central China
Top StoriesSaudi’s PIF seeks fresh loans from international banksGBO CorrespondentDecember 4, 2020 GBO CorrespondentDecember 4, 202001132 PIF acquired 2.04 percent in India’s largest retailer Reliance Retail Ventures
Top StoriesNigeria rolls out special bills to boost financial marketGBO CorrespondentDecember 3, 2020 GBO CorrespondentDecember 3, 202001339 The instrument is not applicable for repurchase agreement transactions related to the central bank
Top StoriesGlobal oil prices surge ahead of OPEC’s crucial meetingGBO CorrespondentDecember 3, 2020 GBO CorrespondentDecember 3, 202001277 OPEC has imposed production cuts of 7.7 million bpd this year
Top StoriesQantas Airways expects full year revenue hit due to pandemicGBO CorrespondentDecember 3, 2020 GBO CorrespondentDecember 3, 202001217 The company plans to float A$600 million in cost benefits for the current fiscal year
Top StoriesOceanwide gets re-approval by NDRC to complete acquisition of GenworthGBO CorrespondentDecember 3, 2020 GBO CorrespondentDecember 3, 202001185 Oceanwide was ready to acquire Genworth for $2.7 billion in cash in 2016
Top StoriesChina Overseas Land & Investment invests $550.8 mn for Kai Tak residential plotGBO CorrespondentDecember 3, 2020 GBO CorrespondentDecember 3, 202001374 The developer invested $550.8 million for bidding the plot 4E Site 1 measuring 59,719 sq. ft
Top StoriesMexico makes more than $2.5 bn from oil hedge amid pandemicGBO CorrespondentDecember 2, 2020 GBO CorrespondentDecember 2, 202001460 Mexico made $5.1 billion amid the 2009 global financial crisis
Top StoriesADM Capital secures $100 mn seed funding from AIIBGBO CorrespondentDecember 2, 2020 GBO CorrespondentDecember 2, 202001322 The fund is called as the ADM Capital Elkhorn Emerging Asia Renewable Energy Fund
Top StoriesBahrain’s infrastructure spending rising steadily amid pandemicGBO CorrespondentDecember 2, 2020 GBO CorrespondentDecember 2, 202001422 The construction and engineering industry secured 162 tenders worth $704.8 million