QIIB shareholders at their extraordinary general assembly meeting on Monday night approved amendment of some of the provisions of the Articles of Association in order to comply..
Emirates NBD has agreed to buy Turkey’s Denizbank from Russia’s state-owned Sberbank for $3.2bn to help establish itself as a leading bank in the Middle East, North Africa and Turkey.
European stocks rose yesterday, with London hitting a new high on upbeat global sentiment and easing Italian political worries, dealers said.
Facebook boss Mark Zuckerberg apologised to European Union lawmakers yesterday for a massive data leak, in his latest attempt to draw a line under a scandal that has rocked the world’s biggest social media network.
US lawmakers are set to give President Donald Trump a chance to make good on his vow to “do a big number” on the Dodd-Frank Act.
Germany’s government will help German firms with business in Iran where it can, but cannot entirely shield them from the US decision to quit the Iran nuclear deal and reimpose sanctions against Tehran, the economy minister told a newspaper.
The central government might not sell its stake in the ongoing divestment process of the national passenger carrier Air India, if bids do not meet a minimum threshold value or floor price estimated for the airline.
Sony Corp said yesterday it would pay about $2.3bn to gain control of EMI, becoming the world’s largest music publisher in an industry that has found new life on the back of streaming services.
Several Chinese groups, including Huarong Asset Management, have been in discussions this year to buy Ingram Micro from HNA Group as the once-acquisitive conglomerate continues its efforts to retrench, according to sources with knowledge of the talks.