NATIXIS SA
Adani Group to seek $1.5 billion for data center financing
Adani Group, led by Gautam Adani, is negotiating a $1.5 billion loan to finance its data center expansion. The joint venture AdaniConneX with EdgeConneX is involved in discussions with various lenders. Plans include investing around $100 billion in digital infrastructure by 2035, enhancing their energy business. Meanwhile, Reliance conglomerate is also investing significantly in artificial intelligence infrastructure.
India needs to create 115 million jobs by 2030, research shows
India needs to create 115 million jobs by 2030 to boost services and manufacturing for economic expansion. The country must generate 16.5 million jobs annually, 10.4 million from the formal sector, to address high youth unemployment and low labor force participation rate.
Hong Kong to give away 500,000 air tickets to revive tourism
The government is seeking to revive the economy and repair Hong Kong’s global image which was damaged by often-violent protests in 2019, the imposition of tough security laws in 2020 and three years of self-imposed isolation during the pandemic. Gross domestic product shrank 3.5% last year, its third contraction in four years.
Surprise tightening in Asia ups pressure on dovish central banks
Pressure is on countries like India who are already returning policy toward pre-pandemic levels. That’s because higher borrowing costs in the US tend to drain capital from emerging markets as money managers chase yields amid negative real rates in Asia.
How will EU ban on 10 banks from bond sales impact markets and banks?
Banks from all corners of the world are affected: U.S. lenders JPMorgan Chase & Co., Citigroup Inc. and Bank of America Corp. as well as British peers Barclays Plc and NatWest Group Plc are on the list.
How will EU ban on 10 banks from bond sales impact markets and banks?
How long will the ban last? No timeline has been given. EU Budget Commissioner Johannes Hahn said the commission would work through information provided by banks on how they addressed the issues "as fast as possible".
Abu Dhabi's ADQ lines up banks for $1 billion Louis Dreyfus acquisition loan, say sources
ADQ said in November it had signed an agreement to acquire an indirect 45% equity stake in LDC, in what would be the first outside investment in the family-owned commodity merchant's 169-year history.
Debt is roaring back in China
From bank loans to trust-product issuance to margin-trading accounts at stock brokerages, leverage in China is rising nearly everywhere you look.
SoftBank plots seals to build $300 billion asset-management arm
The Japanese firm is eyeing further acquisitions in the financial sector in order to potentially create a $300 billion asset management arm that would also house its $93 billion Vision Fund for technology investments, according to people familiar with the matter.
Ecclestone says Singapore wants to drop F1 race - report
MOTOR-F1-SINGAPORE:Ecclestone says Singapore wants to drop F1 race - report
Ecclestone says Singapore wants to drop F1 race-report
MOTOR-F1-SINGAPORE:Ecclestone says Singapore wants to drop F1 race-report
Ecclestone says Singapore wants to drop F1 race - report
MOTOR-F1-SINGAPORE:Ecclestone says Singapore wants to drop F1 race - report
Paid financial analysis a new trend in the market?
While providing paid promotions may undermine credibility and raise concerns about potential conflicts of interest, there aren't too many alternatives.
Buy palladium and dump gold, says precious metals forecasters
“Palladium looks far more appealing based on its fundamentals. It is going to rally on increased Chinese car demand.”
Symphony raises $100 million with bank backers joined by Google
Google Inc led an investment of more than $100 million in Symphony Communication Services LLC in a fundraising round.
European Union seeks coordinated action to shield banks
The European Commission is pushing for a coordinated capital injection for banks to shield them from the fallout of a potential Greek default
Government clears FDI proposals of Multiple Pvt Equity Fund, global trou operator Cox & Kings & 29 others worth Rs 3,845 cr
The Government on Tuesday announced clearing of 31 FDI proposals worth Rs 3,844.7 crore, including that of Multiples Pvt Equity Fund.
BNP Paribas posts jump in Q1 profit
French bank BNP Paribas SA reported Thursday a 46.5 percent jump in profit for the first quarter, thanks to gains on its purchase of assets in Belgium's Fortis and a gradual recovery in economic conditions.
French bank Natixis to cut 840 jobs
Natixis SA, France's fourth largest investment bank, said it plans to cut 15 per cent of its investment banking staff in what it called a 'radical' transformation aimed at stemming losses and reducing risk.
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