Top StoriesLufthansa to cut costs, signs deal with trade union VerdiGBO CorrespondentNovember 12, 2020 GBO CorrespondentNovember 12, 202001250 Lufthansa’s ground staff will not receive their Christmas bonus this year, as well as vacation bonus till next year end
Top StoriesHai Phong touted as Southeast Asia’s Shenzhen by Hong Kong investment adviserGBO CorrespondentNovember 12, 2020 GBO CorrespondentNovember 12, 202001485 Hai Phong’s economy surged 16.7 percent in 2019
Top StoriesNedbank fosters Namibia’s economic recoveryGBO CorrespondentNovember 11, 2020 GBO CorrespondentNovember 11, 202001540 The country’s manufacturing sector contracted 30.8 percent in the second quarter
Top StoriesHLT teams up with ITU, dnata for marching learning developmentsGBO CorrespondentNovember 11, 2020 GBO CorrespondentNovember 11, 202001295 Dnata’s Hermes Digital Ecosystem will be used to power the AI algorithms
Top StoriesBahrain’s Investcorp invests fresh capital into China’s Kindstar GlobalgeneGBO CorrespondentNovember 11, 2020 GBO CorrespondentNovember 11, 202001411 The investment will bolster Investcorp’s recently rolled out investment platform in Chinese healthcare companies.
Top StoriesSaudi economy sees rebound in Q3 amid oil market downturnGBO CorrespondentNovember 11, 2020 GBO CorrespondentNovember 11, 202001212 The Kingdom’s economy has slumped 4.2 percent compared to the previous year
Top StoriesChina Construction Bank to sell $3 bn worth of blockchain-based debtGBO CorrespondentNovember 11, 2020 GBO CorrespondentNovember 11, 202001522 The bank will issue the certificate of deposits for three months through its Labuan branch
Top StoriesSouth African stock market surges for the first time since MarchGBO CorrespondentNovember 10, 2020 GBO CorrespondentNovember 10, 202001346 The country’s stock market went frenzy with stocks and rand posting big gains
Top StoriesOrange to acquire 54% stake in Telekom Romania from OTEGBO CorrespondentNovember 10, 2020 GBO CorrespondentNovember 10, 202001292 The French telecom major will retain its ownership in the Romanian company’s mobile business
Top StoriesStolt Tankers, Essberger Tankers to jointly operate parcel tanker fleets within EuropeGBO CorrespondentNovember 10, 2020 GBO CorrespondentNovember 10, 202001543 The new venture will provide logistical flexibility, boost reliability and reduce network inefficiencies to Stolt Tanker’s fleets