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Market News
October 12, 2021
Sudan E-Commerce Site Gets Fawry’s Support in Landmark Fundraise
Sudan’s largest digital classifieds and marketplace company secured $5 million in funding, the biggest foreign investment in the African nation’s...
October 12, 2021
Justice Kavanaugh Will Be Back on Supreme Court Bench Tuesday
Justice Brett Kavanaugh will be on the U.S. Supreme Court bench for arguments Tuesday after taking part by phone last week because of a positive...
October 12, 2021
Trafigura’s Puma Said to Weigh Sale of $1.5 Billion Infra Assets
Puma Energy, the struggling fuel retailer and storage firm controlled by trading house Trafigura Group Pte, is in talks to sell some infrastructure...
October 12, 2021
Lendable Plans $100 Million Fund for Off-Grid Energy Projects
Lendable Inc, a financier of fintech companies, plans to raise $100 million by the first half of 2022 for off-grid energy projects by small- and...
October 12, 2021
UBS Creates Artificial Intelligence Team in Effort to Digitize
UBS Group AG Chief Executive Officer Ralph Hamers is creating a new bank-wide team to use more artificial intelligence and data analytics to drive...
October 12, 2021
Agricultural Giants Sell Digital Venture to Crop Tech Startup Bushel
Archer-Daniels-Midland Co. and Cargill Inc. sold their technology venture GrainBridge to startup firm Bushel Inc., which seeks to deepen digital...
October 12, 2021
U.K. and EU Renew Divorce Drama Over N. Ireland: Brexit Update
U.K. Brexit minister David Frost is set to unfurl a new challenge to the European Union as he plans to demand a “significant change” to the...
October 12, 2021
GM Agrees on $1.9 Billion LG Deal to Recoup Bolt EV Recall Costs
General Motors Co. said it reached an agreement with partner LG Electronics Inc. to recover from the Korean company $1.9 billion of the $2 billion in...
October 12, 2021