Biggest Cryptocurrency Scam Seen In South Africa?
AfriCrypt claimed it was a target of hacker before its founders disappeared while later investigation found that “the firm laundered its holdings in the form of Bitcoin”.
Funds
Canada’s NDP Criticise Clean Fuel Laws
The most vulnerable ones to face the effect of “energy poverty”, informs the analysis, are the “single mothers and seniors living on fixed incomes”.
New Plastic Tax And Carbon Emission Trade To Fill EU’s Brexit Fund Gap?
The proposed EU budget from 2021-27 aims at carbon neutrality by 2050.
Kuwait & Abu Dhabi To Invest In Saudi Aramco IPO
Aramco IPO did not gather momentum beyond the Gulf region, resulting in a revised lower IPO target; Kuwait and Abu Dhabi are reported to provide support.
BMW Seeks Solidarity With Labour Representatives In Payout Cut
Similar to other auto manufacturers, BMW also finds ways to reduce costs to invest in electric vehicle manufacturing.
Germany Plans On Cyber Security Research To End Reliance On U.S. Tech
Germany eyes the spot among cyber security leaders and strives to carve an independent space for itself.
Goldman Sachs Rolls Out Digital ‘Saving Platform’ For Its Staff in Britain
As a prelude to public introduction, Goldman Sachs’ internal memo informs its staff about its digital saving accounts facilities.
Booking Holdings Invests ‘$500 million’ In Didi
In an “aggressive” overseas expansion plans Didi and Booking Holdings enter into in an agreement enabling the users of the either services to avail the other’s services.
The Bank of France Chief Calls For ‘Liquidity Stress Tests’ For ‘Investment Funds’
In order to gage the capacity to handle crisis, ere the liquidity dries up in the face of a “new crisis”, the Central Bank of France urges for “liquidity stress tests”.
Toshiba To Miss Deadline For Its Chip-Unit Sale
Investors do not worry with the deadline miss of Toshiba, as they suggest other alternatives which they consider to be more valuable.
The U.S. Market Witnesses Alibaba Backed Chinese Firm Coming Out With New Round Of IPO Worth ‘$932 Million’
Best Inc. lays out its plans of using IPO for strengthening itself in the U.S. market.
Ahead Of The Approval Meet On The New Bail-Out Fund Deal With Euro-Zone Partners, Greece Slashes Growth Forecast Figures
Tensely negotiated reforms’ deal pushes Greece to pass “new measures” in reduced growth forecast figures before the final meet takes place.
UBS Maintains Its Forecasts On Standard Chartered
The Standard Chartered recovers “emerging markets-focused bank”.
