NEC to buy Swiss software firm Avaloq for $2.2 billion

Posted on by
NEC to buy Swiss software firm Avaloq for $2.2 billion

TOKYO (Reuters) – Japan’s NEC Corp said on Monday it will buy Swiss financial software company Avaloq Group AG for 2.05 billion Swiss francs ($2.2 billion), a move that will spearhead its entry globally into finance software. FILE PHOTO: A logo of NEC …
See Original Article

Is the worst over? India may have crossed Covid peak in September, says finance ministry

New Delhi | Jagran Business Desk: India may have seen the peak of its covid-19 caseload in September, setting stage for eocnomic recovery, suggests finance ministry’s monthly economic outlook report released on Sunday. The report said data for the …
See Original Article

Vedanta's profit nosedives as lockdown hurts output, demand; group net income slumps to this much

Billionaire Anil Agarwal’s Indian commodities conglomerate Vedanta Ltd. posted a 23.5% drop in quarterly profit as one of the world’s strictest lockdowns hit production and demand. Vedanta’s main businesses include zinc, aluminum and oil and gas, all of …
See Original Article

HSBC's Wild Ride Pushes Hedging Costs to Highest in a Decade

… on the city's Hang Seng Index, according to data compiled by Bloomberg. That indicated high demand to protect against further volatility in the stock.
See Original Article

Crown's future rides on Packer's high-stakes testimony

For two years James Packer has been Crown Resort’s reluctant shareholder. On Tuesday he will become the Crown inquiry’s reluctant witness. If the intensely private Packer had had his druthers he would have sold his 46 per cent stake in Crown more than …
See Original Article

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.