 | | | | The valuation of Meesho, the Indian e-commerce rival of retail giant Amazon, more than doubled last year to $5 billion, after marquee investors such as SoftBank and Fidelity pumped in hundreds of millions of dollars. | | | | | | Dutch pension investor APG and OMERS Infrastructure said on Wednesday they had agreed a deal to buy Dutch renewable energy platform Groendus for an undisclosed sum. | | | | | | Gregoire "Greg" Tournant, a citizen of France and the United States, has been indicted. | | | | | | An investment group chaired by former U.S. Vice President Al Gore on Wednesday launched a $1.7 billion fund to take minority stakes in private companies focused on what it called a sustainable future. | | | | | | Experian posted a 34% jump in full-year pre-tax profit on Wednesday, but the world's largest credit data firm gave a softer organic revenue growth outlook as demand for lending data is likely to fall as rising inflation hits consumer spending. | | | | | | Commerzbank on Wednesday said its current strategy was to create the conditions to remain independent, a statement that follows a report that it and UniCredit had scheduled merger talks earlier this year, | | | | | | Aviva may be able to give more cash back to shareholders, its chief executive said on Wednesday, as the British insurer reported a 5% increase in general insurance sales in the first quarter and said its capital position was strong. | | | | | | Dutch bank ABN Amro beat first-quarter earnings expectations on Wednesday but higher-than-expected costs, including new anti-money laundering provisions, weighed on the company's shares which dropped around 10%. | | | | | | Standard Chartered Bank Kenya posted a 16% rise in pretax profit to 3.93 billion shillings ($33.81 million)in the first quarter of this year, helped by rising interest income and a drop in loan impairments. | | | | | | The 10-minute home loan - at the tap of a smartphone screen - is emerging as the next frontier in Australian banking as rising interest rates quash a pandemic-fuelled property boom, eating into mortgage income and renewing focus on cost-cutting tech. | | | | | |
