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Thursday, December 7, 2023


French fashion firm strikes deal with Reliance

FASHION group SMCP, owner of French fashion labels Sandro and Maje, said on Thursday (30) it signed a deal with Reliance to expand into...

India opts for coal comfort in meeting power demand

INDIA last Tuesday (21) asked private firms to ramp up investments in new coal-fired power plants to meet a dramatic rise in electricity demand...

Saudi wealth fund acquires stake in Heathrow

SAUDI ARABIA’s sovereign wealth fund is to buy ten per cent of London’s Heathrow airport from Spanish infrastructure giant Ferrovial, whose departure from the...

Suspected fraud on Covid loans climbs in value

THE value of suspected fraud flagged by lenders across emergency state-backed loans granted to struggling businesses in the Covid-19 pandemic has increased by seven...

Barclays to cut 900 jobs in the UK: union

BARCLAYS is to cut 900 jobs in its UK business, trade union Unite said Tuesday (28), branding the bank’s move as “disgraceful” in the...

Zambian business magnate sues Atlas Mara over bank sale deal

A ZAMBIAN business magnate has sued Atlas Mara accusing the Virgin Islands-based banking group of failing to honour its payment commitment over an eight-year-old...

Charitable trust initiates board overhaul to boost diversity

ONE of the largest charitable trusts in Britain has decided to dismiss its entire board as part of a comprehensive effort to enhance diversity...


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