China’s pension market launch: JPMorgan and UBS compete for a larger share.
JPMorgan, Warburg Pincus, and UBS are among the global asset managers with Chinese operations who are preparing to increase their retirement offerings in light of
Standard Chartered syndicates $2.33 billion to finance 1,219 km of Tanzanian railway.
For the Standard Gauge Railway project in Tanzania, Standard Chartered Bank has successfully set up a $2.33 billion syndicated finance arrangement, the bank announced on
Amazon fined $2.5 billion for duping millions of customers with Prime subscription. – FTC.
A historic order has been obtained by the Federal Trade Commission from Amazon.com, Inc., Senior Vice President Neil Lindsay, and Vice President Jamil Ghani. This
HSBC spins off its Canada division to RBC for $10b in a bid to boost dividend payout.
For $13.5 billion Canadian dollars ($10.04 billion) in cash, HSBC has agreed to sell its Canadian operations to the Royal Bank of Canada, opening the
UK in a bid to promote free speech will allow ‘legal but harmful’ online content.
The British government dropped a plan to require computer companies to remove legal but harmful internet information after receiving harsh criticism from politicians and civil
Microsoft to offer Sony a 10-year licensing deal, as a remedy for EU antitrust violations.
In order to avoid formal objections to its $69 billion offer for “Call of Duty” creator Activision Blizzard, Microsoft is likely to offer remedies to
Huawei and ZTE Chinese Technology products constitute national security risk – Pentagon.
Due to an “unacceptable risk” to national security, the United States has banned the sale of communications equipment produced by the Chinese firms Huawei and
UK’s biggest slush fund: Barclays bank transfer $65m suspect fund to British National Crime Agency.
A civil recovery order pertaining to roughly 54 million pounds ($65 million) in suspected illegal property kept in accounts with Barclays was acquired by Britain’s
Germany seeks to become a country of immigrants, by easing citizenship rules.
The conservative opposition is criticizing the socially liberal administration of Germany for its efforts to relax the requirements for getting citizenship in the most populous
Ghana ditches the US$, embrace gold: Mining companies to sell 20% of their refined gold to Bank of Ghana.
According to Vice-President Mahamudu Bawumia’s Facebook post on Friday, Ghana has ordered all significant mining firms to transfer 20% of the whole stock of refined
Deutsche Bank cautions that US banks are not committed to EU markets.
The clear message from Deutsche Bank to European businesses borrowing from US lenders is that they will be dropped when circumstances are difficult. The warning,
NNPC, local investors commence oil drilling at the $3b Kolmani region in Northern Nigeria.
Nigeria’s state-owned NNPC Ltd. began drilling for oil and gas on Tuesday at a field with 1 billion barrels of reserves in northern Nigeria as
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