Asset managers have closed more exchange-traded products than they have launched this year, a sign of how market gyrations have accelerated an industry shakeout. So far this year, 188 exchange-traded products, including funds and notes, have been …
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(Adds details, union reaction). LONDON, Aug 25 (Reuters) – Britain’s Co-operative Bank is cutting around 350 jobs and closing 18 branches as the coronavirus crisis forces it to reduce costs, the lender said on Tuesday. Aside from staff affected in the closing …
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New Delhi: Private lender ICICI Bank on Tuesday announced the usage of satellite data—imagery from Earth observation satellites—to assess credit worthiness of farmers. The bank is the first in India to do so and among few globally to use satellite data to …
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MILAN, Aug 25 (Reuters) – Italy’s Saipem has signed an agreement to build a 450 megawatt (MW) offshore wind farm in the Adriatic Sea in northern Italy, the energy services group said on Tuesday. Saipem has agreed with renewable energy companies …
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Ant Group, the payment- and finance-focused sister company of the Chinese e-commerce titan Alibaba, filed paperwork on Tuesday to list shares in Hong Kong and Shanghai, the first steps toward what could be a blockbuster initial public offering.
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