The French government aims to raise sufficient money for a new innovation fund for investing in next generation technologies. On Thursday, in a significant development, French lawmakers have adopted a bill that aims to kickstart a wave of privatizations, including… Read More ›
Analysts have warned if Chinese-led projects in Indonesia fail to deliver, the likely hood of a shortfall in nickel will increase. On Thursday, an executive from Chinese battery and electric car maker BYD CO Ltd disclosed, securing sufficient quantities of… Read More ›
With China opening up its financial sector, worth trillions of dollars, foreign financial institutions can finally tap the Chinese market. In a deal that will result in Morgan Stanley becoming the top shareholder of Morgan Stanley Huaxin Fund Management Co,… Read More ›
The French antitrust watchdog is keeping a tight lid on these raids and havent disclosed the names of the firms it has raided. More information on these raids will be provided as and when more light is shed on them…. Read More ›
The price wasn’t all that great since it was a bit inflated given the hype over the issue. Many buyers may have flipped it in the market. Incidentally, Aramco chose to only issue $12 billion of debt given its focus… Read More ›
Kingdom Holding Co is Saudi Prince Alwaleed bin Talal’s firm. Interestingly, as per a statement by Aramco’s CEO Talal Ibrahim al-Maiman, Saudi Arabia’s Prince’s firm Kingdom Holding Co did not purchase its bonds. Talal Ibrahim al-Maiman went on to add,… Read More ›
A settlement charge of $1.1bn has been fixed for Standard Chartered in connection to charges against the bank of implementing insufficient money-laundering controls and violating sanctions against Iran and other countries imposed by the US and other global bodies. The… Read More ›
In what was his first public address since he was first arrested last year, ousted former Nissan chairman Carlos Ghosn, through a video message, accused some of his former colleagues of “backstabbing” him to remove him from the post of… Read More ›
The Swiss bank UBS has predicted that the proliferation of e-commerce business, companies and platforms would result in eth forced closure of more stores across the U.S. for businesses like clothing retailers, consumer electronics companies and home furnishing. “Store rationalization… Read More ›
Saudi Arabia’s Aramco debut bond, which opened on Monday, will close on Wednesday. Saudi Aramco has opened the books for its first international bond issue, which took place on Monday, said sources familiar with the matter at hand. Aramco did… Read More ›
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