Bloomberg Just a month ago, the chief executive officer of Wirecard AG boasted on Twitter that the future would still be bright for the digital payments company when “all the noise and dust settles.” At the time, Markus Braun was a paper billionaire. But over the course of a couple of days, the fintech veteran has been forced to step-down ...

Bloomberg Reliance Industries Ltd. is closing in on a deal that would see it acquire stakes in some units of Future Group, people familiar with the matter said, a move that would bolster the e-commerce ambitions of the conglomerate and its billionaire Chairman Mukesh Ambani. An agreement between Ambani’s Reliance and Future, which already has a partnership with Amazon.com Inc., ...

Abu Dhabi / WAM The Abu Dhabi Investment Office (ADIO) announced that it has finalised enhancements to the Musataha agreement that will give private sector investors greater opportunities to deliver long-term projects in the emirate. According to a press release issued by ADIO, the Musataha rights enables private sector to develop land owned by government agencies and benefit from projects ...