HSBC, one of the world’s largest banking and financial services organizations, is reportedly considering a significant internal restructuring that could merge its commercial and investment banking units. This move, currently under discussion by the bank’s top executives, represents a major strategic shift aimed at reducing costs and streamlining operations under the newly appointed Chief Executive […]

In a significant move aimed at fortifying its financial stability and long-term growth prospects, Emaar the Economic City (Emaar EC), the master developer behind the ambitious King Abdullah Economic City (KAEC), has announced a comprehensive capital optimization plan valued at 8.7 billion Saudi riyals ($2.32 billion). This transformative plan includes a notable proposal to reduce […]

In a significant achievement for the Canadian venture capital landscape, Toronto-based Northside Ventures has successfully closed its first fund, reaching its $15 million CAD ($11 million USD) target. This milestone, particularly notable given the current challenging fundraising environment, underscores the firm’s potential and the strong backing it has garnered from a diverse array of investors. […]

In a significant move set to bolster India’s renewable energy landscape, Adani Green Energy announced on Monday that its board has approved definitive agreements for a further $444 million investment from French energy giant TotalEnergies. This investment will be channeled into a joint venture (JV) that will further strengthen the collaborative efforts between the two […]