Financing

For its first Eurobond sale of the year, Saudi Arabia has attracted more than $20 billion in investor orders for a triple-tranche dollar bond. The kingdom has disclosed details of a sale of notes with maturities of five, 10.5 and...

According to Mairead McGuinness, the head of the European Union's financial services, a restriction on inducements for advocating sales of financial goods could reduce costs for retail customers by much more than a third. Inducements are payments made by banks...

Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) insurance, announced a definitive agreement to acquire Imburse Payments, a Swiss-based modern payments platform. “Imburse has developed a great product for the global insurance industry...

Bano Pty Ltd was issued an Australian Financial Services Licence (AFSL) by The Australian Securities and Investments Commission (ASIC). “With the AFSL, we are able to strive for our mission of facilitating a healthier relationship between our users and their...

Crypto mining firm Argo Blockchain has entered into an agreement with Galaxy Digital Holdings to sell its Helios facility in Texas for $65 million and refinance its asset-backed loans. Additionally, Galaxy has agreed to host Argo’s mining machines located...

Singapore's goods and services tax, or GST, will increase from 7% to 8% on January 1. It is the first of two planned increases in the GST; the second is expected to occur in January 2024, at which point...

Flipkart and PhonePe announced the full ownership separation of PhonePe, one of India’s largest digital payments platforms. Establishing these businesses as individual entities will allow both to chart their own growth paths, as they continue building offerings that provide...