Top StoriesKingswood appoints David Lawrence as UK CEOGBO CorrespondentDecember 4, 2020 GBO CorrespondentDecember 4, 202001386 Mr David Lawrence became the COO and commercial director in 2014 for Lloyds’ private banking and wealth businesses
Top StoriesGlobal energy efficiency progress slowing down amid pandemicGBO CorrespondentDecember 4, 2020 GBO CorrespondentDecember 4, 202001492 The reports state that energy intensity is expected to improve by only 0.8 percent this year due to a slump in energy prices
Top StoriesBrazil’s Q3 GDP strengthens due to surge in economic activityGBO CorrespondentDecember 4, 2020 GBO CorrespondentDecember 4, 202001388 The 7.7 percent GDP surge is lower than the 9 percent median forecast made by a Reuters poll of economists
Top StoriesHuawei’s optoelectronic chip project is ready, says reportsGBO CorrespondentDecember 4, 2020 GBO CorrespondentDecember 4, 202001413 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, 202001137 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, 202001342 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, 202001285 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, 202001227 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, 202001190 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, 202001383 The developer invested $550.8 million for bidding the plot 4E Site 1 measuring 59,719 sq. ft