The Global Economics

View of the Latin Quarter and Montparnasse

Greensill Capital acquires Columbia-based Omni LatAm in a landmark deal, aiming at accelerating growth in Latin America. Greensill is a leading...

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Technology

5G Poses Security Threats for Asia-Pacific Businesses

by The Global Economics

June 17, 2020

The advent of fifth-generation wireless network technology or 5G is all set to make far-reaching impact on our everyday lives...

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Energy

Saudi Oil Giant Aramco Set to Acquire 2.1 Billion SABIC Shares

by The Global Economics

June 15, 2020

Saudi Arabia’s Aramco has implemented the acquisition of 70% stake in Saudi Basic Industries Corp. (SABIC), the petrochemical giant along with buying 2.1...

Finance

Cathay Pacific to Receive $5 Billion Rescue Package from Hong Kong Government

by The Global Economics

June 11, 2020

Hong Kong’s flagship carrier Cathay Pacific Airways Ltd., announced on Tuesday a recapitalization plan worth HK$39 billion ($5 billion) led...

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Currencies

Singapore Central Bank Clears Air Around Foreign Currency Deposits

by The Global Economics

June 8, 2020

The Monetary Authority of Singapore (MAS) reported of strong financial growth in foreign currency deposits on Sunday, dismissing the media...

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Finance

Visa and Emirates NBD Extend Partnership in a Five-Year Deal

by The Global Economics

June 7, 2020

In an announcement on Monday, digital payment facilitator Visa and UAE’s Emirates NBD extend their partnership in a 5-year agreement. The...

Banking

Saudi Central Bank Funds $13.3 Billion to Support Bank Liquidity

by The Global Economics

June 2, 2020

In the wake of coronavirus pandemic, Saudi Central Bank said on Monday to be providing $13.3 billion (50 billion riyals)...

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Wealth & Asset Management

Oceaneering Granted 3-Year Asset Integrity Contract in Middle East

by The Global Economics

May 30, 2020

Oceaneering International, a sub-sea engineering and applied technology company based in Houston, Texas, was granted the asset integrity contract from...

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Insurance

Insurance Platform Trov Teams up with LATAM’s Sura to Bring On-Demand Insurance to Brazil

by The Global Economics

May 29, 2020

In an announcement today, world’s leading insurance technology platform Trov declared to partner with Seguros Sura Brazil to bring on demand insurance applications...