SoftBank Group’s shares skyrocketed after the company unveiled a massive $100 billion stock buyback plan aimed at boosting investor confidence and addressing its undervalued stock. The Japanese investment giant’s announcement marks one
Jamie Dimon, the influential CEO of JPMorgan Chase, is set to visit Africa in mid-2024, signaling the bank’s growing interest in expanding its presence across the continent. This marks Dimon’s first trip
HSBC Holdings is considering selling its South African business as part of its broader strategy to shift focus toward Asia. The bank, which has been scaling back its operations in smaller markets,
French banking giant BNP Paribas is implementing significant structural changes in its Middle East operations, including eliminating Bahrain as its regional headquarters for the Middle East and Africa. Instead, regional offices will
The Bank of Singapore has revealed plans to double its share of assets and revenue from the Middle East over the next three to five years. Currently contributing 10% to the bank’s
India’s foreign exchange reserves fell by $4.1 billion to $640.28 billion as of December 27, 2024, marking a significant dip driven by a reduction in Foreign Currency Assets (FCAs). Despite this decline,
Global startup funding fell by 23% in Q2 2024 compared to the previous quarter, with $108.5 billion invested across 7,651 deals. The BFSI sector, traditionally a hotbed for innovation, has not been
Global Capability Centres (GCCs) have set a new record in office leasing activities, accounting for 29.4 million square feet in 2024. This marks a significant milestone, with GCCs contributing to 37% of
The global workforce management software market is projected to grow by $3.67 billion between 2025 and 2029, with North America accounting for 39% of this growth. This upward trajectory is being fueled
LG Electronics and Microsoft have announced a strategic partnership to integrate Microsoft’s Copilot AI assistant into LG’s smart TVs, paving the way for the next generation of AI-powered smart homes. This collaboration,
