Barclays rolls out loan scheme for large businesses in the face of Covid-19
The bank will offer up to £50 mn for businesses with a turnover of more than £250 mn
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SoftBank invests $150 mn in Didi Chuxing’s ride-hailing unit Qingju
The bike-sharing firm has raised more than $1 bn in its latest funding round
Facebooks eyes Indonesia with potential mobile payments launch
Facebook is planning to apply for a regulatory approval to launch mobile payments in partnership with three local fintech companies
Singapore’s Temasek invests in French insurtech Alan
The insurtech raised around $54.4 million in the funding round
DSOA offers relief package for stakeholders affected by Covid-19 pandemic
Exemptions, incentives, and flexible payment are offered to businesses, commercial tenants and residents in buildings owned by the authority
Real estate investment in China down by 7.7% in Q12020
Property sales by floor area fell 26.3% year-on-year
Shell to achieve net carbon neutrality by 2050
Shell's decision to achieve net zero emissions for all of its product manufacturing is in line with the Paris Agreement
Nigerian fintech Paga joins Ping An Cloud Accelerator programme
Paga enters the fourth cohort of the Ping An Cloud Accelerator, a five-month programme created by Ping An Group
IATA: Half of global airline business to disappear in 2020 due to Covid-19
IATA also forecasts that passenger revenues will decrease by $314 bn this year
UK-based fintech TransferWise launches operations in the UAE
TransferWise launched its money transfer service in the UAE