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Category: Business

Business

Klarna CEO wary of investor shortsightedness as firm eyes future public listing

December 15, 2021
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The CEO of Swedish payments firm Klarna said he is wary of the short-term focus of public markets and the […]

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Business

Ex-Mastercard CEO Ajay Banga to join General Atlantic as vice chairman

December 14, 2021
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Private equity firm General Atlantic on Wednesday named Ajay Banga, the former president and chief executive officer of Mastercard Inc […]

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Business

Byron Allen’s $10 bln McDonald’s discrimination lawsuit is thrown out

December 13, 2021
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A U.S. judge has dismissed a $10 billion lawsuit against McDonald’s Corp (MCD.N) by the media entrepreneur Byron Allen, who […]

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Business

EU unveils 300 billion euro answer to China’s Belt and Road

December 12, 2021
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The European Commission unveiled on Wednesday a plan to invest 300 billion euros ($340 billion) globally by 2027 in infrastructure, […]

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Business

Norway wealth fund calls on companies to act on climate

December 11, 2021
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Norway’s $1.3 trillion sovereign wealth fund will ask many of the companies in its portfolio to take more specific action […]

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Business

U.S. bank profits dip on slower reduction in loan loss provisions

December 10, 2021
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U.S. bank profits fell 1.2% in the third quarter of 2021 to $69.5 billion as firms were slower to shrink […]

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Business

MTN Nigeria shares shed 10% after IPO pricing

December 9, 2021
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Shares of Nigeria’s second-biggest listed company, MTN Nigeria (MTNN.LG), fell 10% on Wednesday to a five-week low after it set […]

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