The initial public offering (IPO) market is facing uncertainties with market regulator Sebi returning several IPO documents and investment bankers and companies treading cautiously as the stock market has fallen…
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BusinessEconomyFeaturedInvestmentNews
Recognise Bank Lands £25m Investment
by Michael Loweby Michael LoweAccording to Finextra, Recognise – which was fully licensed at the end of 2021 – has raised over £95m in investment to date. The company has, to date, provided £115m…
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EconomyFeaturedfinancialGlobal NewsNewsUSWorld News
Philly Fed, jobless claims, Genesis bankruptcy report – what’s moving markets
Brace for another U.S. data dump, a day after weak retail sales and industrial production numbers forced markets to reappraise the risk of a recession. The Philadelphia Federal Reserve’s manufacturing…
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AfricaFeaturedfinancialGlobal NewsInvestmentNewsWorld News
African Development Bank launches model for deploying green financing across the continent
The African Development Bank is boosting the promotion of resilient, green and sustainable growth, with the launch of the African Green Bank Initiative(link is external), a model for deploying green financing…
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BusinessEconomyEuropeFeaturedGlobal NewsInvestmentNews
European Investment Bank’s 2022 investments to reach €20B, focus on clean energy
by Ryan Hughesby Ryan HughesThe Russian invasion of Ukraine underlined the need to quickly move away from fossil fuels and toward an economy based on clean energy. So said European Investment Bank Vice President…
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BusinessEconomyfinancialGlobal NewsInvestmentNewsTechnologyUSWorld News
Bahrain attracts $72.7m worth of investment in financial services
by Leon Hussainby Leon HussainThe Bahrain Economic Development Board (Bahrain EDB), supported by Team Bahrain has attracted $72.7m (BHD27.5m) in direct investments during the first three quarters of 2022 through nine financial services companies…
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Barclays Bank has been mostly notable over the past few years for the number of scandals and administrative mishaps that have plagued the bank and its long-suffering shareholders. Against that…