-
Francia Indonesia
Paris Baguette franchise to launch in Indonesia
SPC Group’s bakery chain Paris Baguette will enter Indonesia, opening its first franchise store in Jakarta next month, it said Monday. According to the South Korean food and bakery maker, it has has set up a joint venture with Indonesia&rsquo
-
Emirati Arabi Uniti
Israel and UAE nearing free trade agreement
Israel's Ambassador to the UAE Amir Hayek told an Israeli business delegation to Abu Dhabi and local business leaders that there will soon be a regional FTA.
-
Nigeria
Nigeria: Country's Top Five Banks Post Small Profit Rise As Key Income Dwindles
[Premium Times] While Access and Zenith led in revenue, profit and e-business, only UBA managed to pare down its impaired assets in the first half.
-
Cina
Goldman Sachs Wins Approval to Buy Out Partner in China
The move will give the Wall Street giant complete ownership over its Chinese investment banking operations.
-
USA
The First Bitcoin E.T.F. Will Soon Trade on the N.Y.S.E.
An exchange-traded fund tied to the cryptocurrency is set to begin trading on the New York Stock Exchange, a milestone for the industry.
-
Cina
China's GDP Growth Slows as Property and Energy Take a Toll
Growth of 4.9 percent shows the country’s huge industrial sector has run into trouble. But exports and services are looking strong.
-
Brasile USA
Brazil sets a record in oil royalty collection -survey
RIO DE JANEIRO, BRAZIL - Brazil has reached record revenue from royalties and participation in oil and natural gas production in 2021 due to the high dollar and international oil prices. According to a study by the Brazilian Center for Infrastructure (CBIE), in the first half of this year, the ...
-
Brasile USA
Expanding in Brazil, EY to invest US$550 million in 5 years
RIO DE JANEIRO, BRAZIL - In the 2021 fiscal year ended in June, the company's gross service revenue grew 16% in Brazil, to R$2.1 billion (US$384 million). The company approved a record investment plan of R$3 billion over 5 years, starting in 2022, mainly directed to three pillars - technology, ...
-
Brasile
E-commerce more than doubles and accounts for 21% of sales in Brazil
RIO DE JANEIRO, BRAZIL - Before the health crisis that forced the closing of physical stores, e-commerce represented an average of 9.2% of revenues. However, in July last year, just 4 months into the pandemic, this figure more than doubled to 19.8%. And by June this year, e-commerce already represented ...
-
Brasile USA
Brazil Central Bank: investments abroad break record; US$61 billion in 2021 alone
RIO DE JANEIRO, BRAZIL - In the past, cross-border investment was limited to buying foreign currency, shares listed abroad, or a house in Miami, but this portfolio has become more sophisticated. Among the factors behind this increase are the downward trend in interest rates (interrupted this year) and the recent ...