Brookfield Asset Management Ltd. has agreed to acquire London—listed Network International Holdings Plc for about £2.2 billion ($2.8 billion) to expand its presence in credit card processing in the Middle East.
Two months after the collapse of Silvergate Capital Corp. and Signature Bank, a new banking landscape for crypto companies is taking shape amid an expanding crackdown on the industry in the US.
After years of unfettered growth, the providers of ESG ratings will soon have to adjust their businesses to comply with new regulations or face hefty fines if they fail to comply, according to a draft document seen by Bloomberg News.
Ukraine faced another missile and drone attack on Friday even as Kyiv’s long-awaited ground offensive — one that’s likely to last for months — is picking up steam. Images posted by Russian military bloggers of NATO-standard battle tanks and fighting vehicles pushing toward Tokmak in Ukraine’s occupied south appeared to be genuine. At least one Leopard 2A4 tank has been destroyed. Ukrainian forces are also engaged in heavy fighting on the eastern front around Bakhmut. Kremlin troops are attemptin
Russia extended its interest-rate pause to the longest in more than seven years as the central bank becomes increasingly alert to inflation risks at a time of heavy government spending on the war in Ukraine.
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