Recent Posts

The BOE openings test economic pipeline

The Bank of England (BOE) has four big job vacancies this year and there’s hope that several will be filled by women. Even if that happens, central banks still have some way to go to tackle the lack of diversity in policymaking. Without more progress, this risks becoming a crisis of legitimacy. Policymakers’ actions touch everyone. As a matter of ...

Read More »

Alibaba leads investment of $400m in Vietnam retail firm

Bloomberg Alibaba Group Holding and partners are investing $400 million in Vietnamese conglomerate Masan Group’s retail arm, a deal that will expand the Chinese e-commerce giant’s online groceries business in Southeast Asia. Alibaba and Baring Private Equity Asia are leading a consortium that will take a 5.5% stake in The CrownX, which holds Masan’s interests in Masan Consumer Holdings and ...

Read More »

Russia’s Magnit to buy Dixy retailer for $1.25b

Bloomberg Magnit PJSC, Russia’s largest grocery chain, plans to acquire Dixy Holding Ltd convenience-store network in a 92.4 billion ruble ($1.25 billion) deal, a move that will boost its presence in Moscow and St Petersburg. The price may be adjusted on net debt and net working capital changes as of the closing date, according to a statement. Pending regulatory approval, ...

Read More »
Send this to a friend