• Nestlé puts $100m in Colombian expansion

    Nestlé announced it will be investing $100 million in its Colombian operations over the next three years as part of a wider agreement reached with the Colombian government. The investment will be used to expand…
  • Canada to defy investment banking layoff trend

    Despite the ongoing economic challenges, Canadian investment banks plan to keep staffing levels intact, sources said. This comes as the U.S. investment banks, including Goldman Sachs, have announced plans to cut thousands of employees amid…
  • IHC gives $400m to Adani Enterprises FPO

    Adani Enterprises Limited (AEL) received a new investment commitment of $400 million from the Abu Dhabi-based International Holding Company (IHC). This takes the overall subscription figure for its ongoing follow-on public offer (FPO) close to…
  • EU seeks to change state aid regulations

    The European Union is ramping up its push for renewable energy by considering new measures that would loosen state aid regulations on tax credits for green energy projects. The European Commission is reportedly drafting proposals that…
  • Sea’s expansion in Malaysia to create 2,000 jobs

    Sea, a Singapore-based e-commerce giant and parent company of Shopee, has announced its plans to expand its investments in Malaysia. The move is expected to create more than 2,000 jobs in the country. During a visit…