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MUMBAI, June 11 (Reuters) – The lobby group for Indian non-banking lenders on Tuesday asked for a review of a recent proposal from the central bank calling for an increase in the provisions that lenders have to set aside against […]

May 22 (Reuters) – Biogen (BIIB.O), opens new tab said on Wednesday it had agreed to buy privately held Human Immunology Biosciences for up to $1.8 billion, bulking up on rare disease medicines as its older multiple sclerosis drugs face tepid demand […]

According to a report by the Digital Government Authority, the digital transformation market in Saudi Arabia is expected to reach a value of 80 billion Saudi Riyals ($21,3 billion) by 2030. This growth is attributed to several factors, including: ️ Governmental […]

An Italian government proposal allowing struggling borrowers to repay soured debt for a fraction of the value will give rise to “significant” uncertainty in the country’s market for bad loans, according to analysts at Fitch Ratings. Prime Minister Giorgia Meloni’s ruling […]

To remain relevant, banks and central banks must evolve to embrace and adopt the opportunities presented by new technologies such as blockchain, mobile money and cloud technology. However, new opportunities also come with risks, which require updated regulations that are […]

Nigeria, Angola and Kenya are among African countries that could draw greater foreign investment flows in the wake of sharp declines this year for their currencies, according to Citigroup Inc. “Countries where we’ve seen significant FX adjustments are clear winners from an […]

Following the 15th annual BRICS summit, which was held in Johannesburg, South Africa, last week, the bloc of five major emerging economies announced the admission of six new members. Iran, Saudi Arabia, Egypt, Ethiopia, Argentina and the United Arab Emirates are […]