Mumbrella Asia shutters operation in Singapore after six and a half years

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Mumbrella Asia shutters operation in Singapore after six and a half years

Mumbrella Asia has announced it will close its Singapore office in the next few days after failing to achieve profitability in the six and a half years it has operated in the country. The closure was announced in a letter by the marketing trade publication’s founder …
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Surging exports lend a fillip to flagging German economy

BERLIN (Reuters) – Germany’s exports rose unexpectedly in October, a morale boost for Europe’s largest economy, which has been teetering on the brink of recession over recent quarters. The 1.2% rise in exports raises hopes that the economy can avoid …
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Pound-Australian Dollar Forecast: Fresh Three-Year Highs Ahead says Analyst

GBP/AUD hits fresh post-referendum high. – Short- and long-term graphs advocate for gains. – CBA analyst sees further GBP/AUD highs ahead. The Pound-to-Australian Dollar exchange rate trades at a new three-year high on Monday, December 03. amidst …
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Prosus raises bid for Just Eat, pressure now on rival Takeaway

AMSTERDAM (Reuters) – Prosus (PRX.AS), the Dutch-based technology giant, has raised its unsolicited cash offer for British food delivery service Just Eat (JE.L) to $6.5 billion, ratcheting up pressure on rival suitor Takeaway (TKWY.AS), it said on Monday.
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Brit launches Lloyd's focused ILS fund, Sussex Specialty Insurance Fund

Specialty insurance and reinsurance firm Brit Ltd. has launched a new insurance-linked securities (ILS) fund strategy designed to allow investors direct access to the returns of its Lloyd’s underwriting business. brit-logo The company calls the Sussex Specialty …
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