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Uber is buying alcohol delivery service Drizly for $1.1B
Uber has announced plans to acquire alcohol delivery service Drizly. The approximately $1.1 billion deal includes stock and cash and is expected to close in ...
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Abu Dhabi’s pension fund partners with Adnoc in $900m real estate deal
Abu Dhabi National Oil Company is teaming up with the emirate’s pension fund, which has become an investor in its real estate assets ...
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DMO announces February 2021 FGN Savings Bond offer for subscription
The Debt Management Office (DMO), on behalf of the Federal Government of Nigeria, recently offered for Subscription the February 2021 Federal Government of ...
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Australian Dollar Falls as RBA Extends Government Bond Purchases
The Reserve Bank of Australia (RBA) kept its cash rate on hold at 0.10% in its first policy rate decision of the year. ...
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Israel’s FinTLV Raises $120 Million for FinTech and InsurTech Investments
FinTLV, a Tel Aviv-based fund that specializes in FinTech and InsurTech companies in their “growth stage” phases, announced in a press release that it has ...
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Deutsche Bank Says $31 Million Blockchain Investment Could Save Capital Markets ‘Billions’ Of Dollars
Blockchain , Axoni has raised an additional $31 million from German Bank Deutsche Bank, Intel Capital, Swiss bank UBS and existing investors including ...
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Euro zone economy contracted by 6.8% in 2020 on Covid lockdown shock
The euro zone economy dropped by 0.7% in the final quarter of 2020 as governments stepped up social restrictions to contain a second wave of ...
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International Energy Insurance appoints Ebunolu Ayeni as acting MD/CEO
Energy Insurance has announced the appointment of Mr Ebunolu Ayeni as the new acting Managing Director of the firm, following the retirement of ...
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Airtel set to sell stake in mobile money service
London-listed Airtel Africa Plc is seeking to sell a minority stake in its mobile financial services platform Airtel Money in a bid to ...
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Buy now, pay later firms such as Klarna face stricter controls
The services, offered through major retailers, allow people to split payments without paying interest and are used by millions of shoppers. But the ...