Financial markets have become giddy. US and other equities are trending toward new highs, and there is even talk of a potential “melt-up” in equity values, says NYU's Nouriel Roubini.
THE World Bank Group's International Bank for Reconstruction and Development (IBRD) has issued two tranches of catastrophe-linked bonds totalling US$225 million.
PAYMENTS platform provider 2C2P has raised US$52 million in new funding from investors including IFC, Cento Ventures and Arbor Ventures, it said in a media statement on Monday.
NEW YORK: Wall Street stocks jumped to records on Monday (Nov 25) as revived hopes for US-China trade progress added to investor confidence following major corporate merger announcements. The Dow Jones Industrial Average gained 190.85 points (0.68 per cent) to 28,066.47, up about 30 points above ...
Westpac Banking Corp on Tuesday said chief executive Brian Hartzer has resigned, as Australia's second-biggest bank faces the country's biggest money laundering scandal.
Westpac Banking Corp on Tuesday said chief executive Brian Hartzer has resigned, as Australia's second-biggest bank faces the country's biggest money laundering scandal.
Deutsche Post DHL Group's StreetScooter electric vehicle unit will enter the U.S. market next year as delivery firms and municipalities work to cut greenhouse gas emissions.
Swedish telecoms equipment maker Ericsson plans to invest 1 billion reais (£185.74 million) in Brazil to add a new assembly line dedicated to 5th generation technology (5G), supplying its Latin American operations, an executive told Reuters on Monday.
Impossible Foods Inc, maker of the plant-based Impossible Burger, is in talks with investors about a new round of fundraising that could more than double the US$2 billion valuation it attained in May, according to people familiar with the matter.
Sub-Saharan Africa lags other regions such as Asia in moving away from cash to plastic money. One Nigerian company is aiming to close that gap by tapping into a growing appetite for smartcards across the continent.
