Ajay Banga sole nominee to lead World Bank
The World Bank has confirmed that Ajay Banga, the American pick to lead the organisation, is the sole candidate nominated for the position of...
Wanis wins prestigious charity award
East London-based food wholesaler Wanis International Foods has been honoured by the Business Champions Awards for its community and charity work. They won the...
UK economy avoids recession, grew 0.1 per cent in Q4
Official data released on Friday (31) indicated that the UK’s economy expanded in the fourth quarter of the previous year.
This growth was supported by...
FCA was always open-minded about listing reforms, says Nikhil Rathi
The chief of Britain’s financial watchdog has said that it will always play a full part in UK’s listing reforms and was open-minded about...
Google gets partial win in Indian antitrust case involving Android
An Indian tribunal on Wednesday (29) granted some reprieve to Alphabet Inc’s Google GOOGL.O, as it set aside four out of the ten antitrust...
Air India chief defends giving Russia millions as overflight charges
AIR INDIA chief Campbell Wilson has defended paying Kremlin millions as overflight charges to keep flying over Russia, the Telegraph reported.
He added that the airline was...
Issa brothers hatch £8bn plan to takeover Subway
British Indian billionaire Issa brothers are eyeing to takeover fast food chain Subway for around £8 billion, according to reports.
The Asda owners and EG...
Ajay Banga likely to become new head of World Bank
On Wednesday (29), Janet Yellen, the US Treasury Secretary, stated that she anticipates Ajay Banga, the former CEO of Mastercard, to be elected as...
Russian oil supplies to India set to increase as Rosneft announces new deal
On Wednesday (29), Russian energy corporation Rosneft declared a new agreement to increase oil sales to India, as the country seeks alternative buyers amidst...
Adani entities exposed to contagion risks, says Fitch report
Rating agency Fitch said two Adani Group subsidiaries are exposed to “heightened contagion risks”, possibly affecting their financial flexibility, due to governance weakness at...
