Tencent Holdings Ltd.’s strategy for expanding WeChat Pay globally is pretty straightforward: Follow the (tourism) ...
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India’s parliament shortchanges its ailing banks
India needs a strategy to get the government out of banking. Non-performing loans among state-owned ...
Read More »Blackstone targets $10 billion for direct-lending comeback
Bloomberg Blackstone Group LP wants to crash the direct-lending party. In the seven months since ...
Read More »Barclays mulls return to India’s consumer banking
Bloomberg Barclays Plc is considering a return to consumer banking in India as it seeks ...
Read More »China’s central bank tackles cash crunch in biggest-ever medium-term injection
Bloomberg The People’s Bank of China (PBOC) made the biggest-ever injection of Medium-term Lending Facility ...
Read More »ECB instructs Italian lender to submit new capital-boosting plan
Bloomberg Banca Carige SpA, the Italian lender hit by board and management departures, said it ...
Read More »Hawkish turn at central bank may be rand’s saviour
Bloomberg It’s been another miserable week for South Africa’s rand, but policy support may be ...
Read More »Ghana takes back control of bank after ‘questionable’ deals
Bloomberg Ghana took back control of Agricultural Development Bank Ltd. (ADB) after the regulator annulled deals ...
Read More »Ryanair profits sink as labour strife deepens
Bloomberg Labour strife is starting to weigh on Ryanair Holdings Plc, and the conflict looks ...
Read More »Tesco readies new discount stores to take on Lidl, Aldi
Bloomberg Tesco Plc is readying a new chain of discount stores in the company’s most ...
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