InsuranceTop StoriesInsurer Swiss Re Corporate Solutions appoints new head for UK operations, othersGBO CorrespondentFebruary 4, 2021February 4, 2021 GBO CorrespondentFebruary 4, 2021February 4, 202101148 Ms Melanie Slack is currently serving as the head of the company’s Australia and New Zealand business and is expected to start the new role
AviationTop StoriesPhilippine Airlines to lay off 2,300 employeesGBO CorrespondentFebruary 4, 2021 GBO CorrespondentFebruary 4, 202101341 The layoff includes both voluntary separations and involuntary firings
Top StoriesSouth Korean government to ramp up construction of new homesGBO CorrespondentFebruary 4, 2021 GBO CorrespondentFebruary 4, 202101450 The government will construct 830,000 new homes by 2025 across the country
Top StoriesNigeria’s AGPC raises $260 mn for gas processing plant projectGBO CorrespondentFebruary 3, 2021 GBO CorrespondentFebruary 3, 202101392 The construction cost for the project is expected to be around $650 million, including taxes and finance cost
Top StoriesJeff Bezos to step down as Amazon’s CEO in Q3 Andy Jassy to leadGBO CorrespondentFebruary 3, 2021 GBO CorrespondentFebruary 3, 202101303 The company’s valuation surpassed the $1 trillion-mark last year and is currently worth more than $ 1.6 trillion
EconomyTop StoriesMalaysian economy to slow down with weak GDP growthGBO CorrespondentFebruary 3, 2021February 3, 2021 GBO CorrespondentFebruary 3, 2021February 3, 202101292 The government will integrate its private and public healthcare systems to tackle pandemic-related problems
Top StoriesAbu Dhabi Ports, AMLS to launch international maritime logistic servicesGBO CorrespondentFebruary 3, 2021 GBO CorrespondentFebruary 3, 202101472 The joint venture will be headquartered in Abu Dhabi and will operate under OFCO – Offshore International
Top StoriesTelefonica conducts open RAN trial in the UKGBO CorrespondentFebruary 2, 2021 GBO CorrespondentFebruary 2, 202101376 The Global Open RAN Center of Excellence in the UK has recently carried out an end-to-end testing and interoperability verification
Top StoriesCMA CGM partners with Port of Alexandria for new developmentsGBO CorrespondentFebruary 2, 2021 GBO CorrespondentFebruary 2, 202101708 The new terminal which is spread across an area of 560,000 square meters is slated for a 2022 launch
Top StoriesBitMEX appoints former Bank of China veteranGBO CorrespondentFebruary 2, 2021 GBO CorrespondentFebruary 2, 202101343 Mr Wai Kin Chim was also an independent non-executive director for Standard Chartered Bank in China prior to joining OCBC Wing Hang Bank