A report by UNCTAD and the UN’s World Tourism Organization (UNWTO) states, international tourism arrivals are likely to stagnate in 2021, with select Western markets being the exception. The COVID-19 related disruption is likely to cause up to $2.4 trillion… Read More ›
In June, the pace of Chinese factory activity expanded at a moderate pace following an increase in prices of raw materials and disruptions in its export province of Guangdong which affected business activity. China’s official manufacturing Purchasing Manager’s Index (PMI)… Read More ›
ChemChina, Syngenta Group’s owner, aims to raise around $10 billion (65 billion yuan) through an IPO for the Swiss agrichemical giant on Shanghai’s STAR Market, said sources. Syngenta is likely to post the prospectus for the upcoming IPO later today… Read More ›
In a statement German stock exchange operator Deutsche Boerse said, it is in the process of acquiring a two-thirds stake in Swiss fintech Crypto Finance, in a move aimed at expanding its offering for digital assets. Deutsche Boerse did not… Read More ›
In a statement the British government said, it has published a list of the number of free UK carbon permits each aircraft operator will receive from 2021-2025 under its domestic emissions trading system (ETS). The ETS is a method of… Read More ›
In a statement private equity firm Bridgepoint said, it plans to raise $416 million (300 million pounds) through an IPO to help funds its growth and repay debt. The decision for a listing on the London Stock Exchange comes in… Read More ›
In an interview to Italian daily La Repubblica, US Secretary of State Antony Blinken said, Washington hopes for a more stable and profitable relationship with Moscow, however, if the latter continues to “attack”, Washington will be forced to respond. “If… Read More ›
On Monday, a report from The Times said, Germany will attempt to ban British travellers from the European Union regardless of their COVID-19 vaccine status. Given that the Delta variant of the Coronavirus-induced COVID-19 is widespread in Britain, German chancellor… Read More ›
In a statement Visa Inc said, it had agreed to a $2.2 billion (1.8 billion euro) takeover of European open banking platform Tink. Founded in 2012, Sweden-based Tink is an open banking platform that enables banks and other financial institutions to… Read More ›
Leaders from the European Union failed to agree on a proposal led by France and Germany to hold a summit with Russian President Vladimir Putin. Baltic countries along with Poland opposed the move saying it would send the wrong message…. Read More ›
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