Top StoriesLuxembourg raises €1.5 bn euros through sustainability bondGBO CorrespondentSeptember 8, 2020 GBO CorrespondentSeptember 8, 2020 The selling of green bonds by Luxembourg marks its efforts towards the...
TechnologyUK’s first ever Quantum computer will be launched soonGBO CorrespondentSeptember 8, 2020 GBO CorrespondentSeptember 8, 2020 The 10 mn government and industry investment backed supercomputer will be developed...
Top StoriesSpain’s Bankia and Caixabank plan to establish a mergerGBO CorrespondentSeptember 7, 2020 GBO CorrespondentSeptember 7, 2020 The banks are planning to establish a merger worth $709 bn in...
Top StoriesLloyds Bank announces £2.4 billion provision fund to tackle bad loansGBO CorrespondentJuly 31, 2020 GBO CorrespondentJuly 31, 2020 The bank has reported a pre-tax loss worth £676 million in the...
Top StoriesEuropean banks to incur loan losses of around $458 bn due to Covid-19GBO CorrespondentJuly 22, 2020 GBO CorrespondentJuly 22, 2020 Loans to SMEs and consumer loans are more at risk...
Top StoriesUK-based fintech Lanistar secures £15 mn fundingGBO CorrespondentJuly 16, 2020 GBO CorrespondentJuly 16, 2020 The funding is expected to help Lanistar grow its operational and customer...
FinanceDeutsche Bank forms alliance with Google to transform financial servicesGBO CorrespondentJuly 8, 2020 GBO CorrespondentJuly 8, 2020 Google will empower Deutsche with its cloud capabilities...
Top StoriesGerman software company Wandelbots secures $30 mn fundingGBO CorrespondentJune 17, 2020 GBO CorrespondentJune 17, 2020 The funding round was led by 83North, M12 – Microsoft’s venture fund...
Top StoriesUK-based fintech Checkout.com acquires Australia’s PinPaymentsGBO CorrespondentMay 28, 2020 GBO CorrespondentMay 28, 2020 The deal will allow Checkout.com access Australia’s $33 bn ecommerce market and...
Top StoriesGlobal oil and gas decommissioning costs to reach $42 bn by 2024GBO CorrespondentMay 26, 2020 GBO CorrespondentMay 26, 2020 Around 2,500 oil and gas wells are expected to be decommissioned during...