China Suspends Ant Group’s $37 billion listing

November 3, 2020 375

Breaking News

By Julie Zhu, Meg Shen and Greg RoumeliotisChina has suspended Ant Group’s $37 billion listing on Tuesday, November 3, thwarting the world’s largest stock market debut with just days to go in a dramatic blow to the financial technology firm founded by billionaire Jack Ma.The Shanghai stock exchange said it had suspended the company’s initial […]Continue Reading

Alleged $107,751 debt: South African Firm Asks Court To Wind Up Bi-Courtney

October 19, 2020 736

Breaking News

Wale Babalakin,sanContinue Reading

IFC’s Outgoing CEO Speaks On A More Modern Development Finance

October 6, 2020 332

Financial Markets

by Silvia Pavoni Outgoing CEO of the World Bank’s private sector arm, Philippe Le Houérou, on its commitment to support the countries most in need during the global pandemic.In March, as Covid-19 began to spread across the world, the World Bank’s private sector arm, the International Finance Corporation (IFC), was swiftly equipped with $8bn in […]Continue Reading

ByteDance Plans TikTok IPO To Win U.S. Deal As Deadline Looms

September 21, 2020 362

News Uncategorized

By David Shepardson, Stephen Nellis and Echo WangChina’s ByteDance is planning a U.S. initial public offering of TikTok Global, the new company that will operate the popular short video app, should its proposed deal be cleared by the U.S. government, people familiar with the matter said on Thursday.Sept 17,2020ByteDance is racing to clinch an agreement […]Continue Reading

United To Add New Direct U.S. Flights To Africa, India, Hawaii

September 20, 2020 349

Aviation

By David ShepardsonUnited Airlines said Wednesday it plans to add new non-stop flights to Africa, India and Hawaii as it reconfigures its network in the wake of the coronavirus pandemic.The No. 3 U.S. airline said next year it will operate the first direct flights between the United States and Bangalore, India — launching flights to […]Continue Reading

Nvidia’s $40 bn Arm Limited Acquisition Deal Sparks Industry Dissent

September 17, 2020 240

Information Technology

By Stephen Nellis, Josh Horwitz and Hyunjoo JinNvidia Corp’s $40 billion agreement to acquire Arm Ltd from SoftBank Group Corp is likely to meet strong opposition from Nvidia’s chip industry rivals, analysts say, with murmurs of protest emerging in South Korea and China within hours of the deal’s announcement.Arm has unparalleled reach as a supplier […]Continue Reading