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‘LG Signature’ seeks to re-define future of luxury home appliances

DUBAI / Emirates Business The new LG SIGNATURE brand from LG Electronics (LG), which combines finest of LG’s cutting-edge technology and world-class design with an exquisite attention to detail for today’s most discerning consumers, has been launched across the GCC. The ultra-premium brand was unveiled at a gala ceremony at the Dubai Opera. The rich and exquisite design of the ...

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China’s HNA raises billions from shadow banks that worry Beijing

Bloomberg Few companies have come to symbolise China’s global ambitions quite like HNA Group Co. In just three years, the private conglomerate has invested at least $45 billion around the world. How did HNA pay for it all? That question is gaining new urgency as Beijing moves to curb debt-fueled overseas investments that could ultimately pose risks to the nation’s ...

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Nigeria offers liquidity to boost Islamic banking

Reuters Nigeria’s central bank said it is setting up two financial instruments to provide liquidity support to its non-interest paying lenders. It is a push by Nigeria, home to the largest Muslim population in sub-Saharan Africa, to establish itself as the African hub for Islamic finance, which follows religious principles such as bans on interest and gambling. The central bank ...

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