China committs US$9 billion to Philippines in loans
October 20, 2016 – The Philippines says China’s president has committed more than US$9 billion in low-interest loans to the…
Saudi Arabia plans up to US$17.5b in first bond issue
October 19, 2016 – Saudi Arabia plans to raise up to US$17.5 billion from its first international bond issue, local…
FedEx to invest US$1.54 billion in France
October 18, 2016 – Package delivery company FedEX Corp today said it would invest 1.4 billion euros (US$1.54 billion) to…
Bank of America profit rises on bond trading
October 17, 2016 – Bank of America Corp , the second-largest U.S. bank by assets, reported its first profit increase…
SoftBank in partnership with Saudi Arabia in US$100bn tech fund
October 14, 2016 – Japanese telecommunications and internet company SoftBank announced today that it is partnering with Saudi Arabia to…
Amazon to hire 120,000 temporary workers for holiday season
October 13, 2016 – Amazon.com Inc said it would hire more than 120,000 seasonal workers in the United States for…
Wells Fargo faces costly overhaul of bankrupt sales culture
October 12, 2016 – Embroiled in a scandal over unauthorized customer accounts, Wells Fargo & Co faces a steep challenge…
Verizon pushes for US$1 billion discount on Yahoo deal
October 7, 2016 – Verizon Communications is pressing for a US$1 billion discount off its pending US$4.8 billion agreement to…
Bank Hapoalim To Provision US$70m In US Tax Probe
October 6, 2016 – Bank Hapoalim , Israel’s largest bank, said today it would provision another US$70 million in the…
Swiss seek Malaysia’s help in new 1MDB case
October 5, 2016 – Swiss prosecutors are investigating whether the country’s financial industry was used in the alleged misappropriation of…