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Warren Buffet’s Berkshire Hathaway to purchase insurance firm Alleghany for $11.6B

Warren Buffet’s Berkshire Hathaway to purchase insurance firm Alleghany for $11.6B

Berkshire Hathaway announced it had agreed to buy insurance company Alleghany for $11.6 billion, at $848.02 per share, in cash, as 91-year old Warren Buffet returns to deal-making after a hiatus in re... Read more

Nigeria’s Flutterwave raises $250M, reaches $3B valuation

Nigeria’s Flutterwave raises $250M, reaches $3B valuation

Africa-focused Nigeria-based fintech firm Flutterwave raised $250 million on Wednesday in its single-biggest funding round to date, valuing the fintech startup at more than $3 billion, as it targets a... Read more

S. Africa granted $750 million World Bank loan to bolster COVID recovery efforts

S. Africa granted $750 million World Bank loan to bolster COVID recovery efforts

The World Bank has approved the South African Government’s loan of $750 million linked to COVID-19, aiming to support economic recovery and help protect the poor from the pandemic, the National ... Read more

Citigroup to exit its Mexico retail banking operations

Citigroup to exit its Mexico retail banking operations

Citigroup Inc. is planning to exit retail-banking operations in Mexico—where it has its most extensive branch network in the world. The planned exit is a part of Chief Executive Officer Jane Fra... Read more

Why Are Banking Services Vital for Running the Business Smoothly?

Why Are Banking Services Vital for Running the Business Smoothly?

Banks play an essential role in the economy of a country. They provide their customers with various financial services, including accepting deposits and providing checking account facilities, transfer... Read more

4 Essential Steps to Modernizing Your Financial Institution

4 Essential Steps to Modernizing Your Financial Institution

It’s high time for financial institutions to embrace the digital revolution. The market is changing, and many corporate and retail banking clients are expecting their financial services provider... Read more

World Bank looks to raise $100 billion in donations to address 'tragic reversals' in development

World Bank looks to raise $100 billion in donations to address 'tragic reversals' in development

The World Bank expects to raise $100 billion in donations to the International Development Association Fund from advanced countries to solve what it says is a 'tragic reversal in growth' due to the CO... Read more


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