SINGAPORE — Southeast Asia’s largest lender by assets, DBS Group Holdings, is fighting to demonstrate the results of its digital banking reform after last year’s severe disruptions, which drew punishment from Singapore’s financial regulator. “We have focused on improving service availability,” CEO […]
Barcelona-based Nebius, a company empowering digital nomads and marketplaces with payments, crypto and card solutions, has secured €250M in institutional funding for its crypto-backed lending program. Nebius offers a secure service with a low interest rate structure to corporate and […]
The Eastern Africa Grain Council (EAGC) has received a $2 million grant from TradeMark Africa to eliminate trade barriers for exporters in three East African countries. The grant is part of a $75 million five-year partnership from the US Agency […]
The Eastern Africa Grain Council (EAGC) has received a $2 million grant from TradeMark Africa to eliminate trade barriers for exporters in three East African countries. The grant is part of a $75 million five-year partnership from the US Agency […]
Foreign direct investment (FDI) flows to the Global South have decreased to $841 billion, reflecting a global trend of subdued investment and economic uncertainty. This is according to the latest Global Investment Trends Monitor from the United Nations Conference on […]
Time lags in re-valuing assets to reflect higher interest rates and difficulties in selling the assets quickly have increased the risks from private credit used by companies for funding, a Bank of England official said on Monday. “If material enough, […]
Global commodity markets are in a “super squeeze” amid supply disruptions and lack of investment — and it’s only going to get worse as geopolitical and climate risks exacerbate the situation, HSBC said. “For some time now we have described […]
In a bid to fast-track the process of achieving the Final Investment Decision (FID) on the Nigeria-Morocco Gas Pipeline, the Federal Government has intensified discussions with Morocco. The discussion, which was held on the sidelines of a meeting between the […]
Shares of Infosys fell as much as 2.6% on Tuesday after the company said that an unnamed global company, which had signed a $1.5 billion deal focused on artificial intelligence solutions, decided to terminate its Memorandum of Understanding (MoU) with […]
DUBAI: The Mohammed bin Rashid Al Maktoum Global Initiatives (MBRGI) has announced a grant programme at a value of AED 11 million (above US$3 million), in collaboration with the UpLink Platform operating under the World Economic Forum (WEF), with the […]
