 | | | | Major U.S. airlines and Amazon.com's aviation unit are joining an effort to speed development and use of sustainable aviation fuels (SAF) to decrease emissions in air transport. | | | | | | Singapore's central bank said on Wednesday that more than 400 variable capital companies (VCCs) have been set up or re-domiciled in the city-state in less than two years since the new corporate structure was launched to cement its position as a financial hub. | | | | | | OneStream Software, which is backed by private equity firm KKR & Co, has hired advisers to help it prepare for an initial public offering (IPO) in New York that could value the software maker at over $10 billion, people familiar with the matter said. | | | | | | New bank lending in China is expected to have plunged in October from the prior month, but the yuan loans are likely to be higher than a year earlier, a Reuters poll showed, as the central bank treads warily on policy easing amid stagflation concerns. | | | | | | British insurer Direct Line posted a marginal rise in quarterly gross premiums on Tuesday, helped by growth in its commercial and roadside services, although tighter regulations and lower car sales weighed on its motor and travel units. | | | | | | HSBC Holdings Plc is ahead of its hiring targets for its Chinese retail wealth management business and is exploring re-entering India's private banking business, senior executives said, as part of its plan to make Asia and wealth key pillars of growth. | | | | | | A U.S. regulator is calling on the leaders of large banks to more seriously assess and manage their risk to climate change, including exposure to a possible carbon tax. | | | | | | Asset management firm Blue Owl , which specializes in buying stakes in alternative money managers and direct lending, is hiring an executive from Blackstone Group's hedge fund and private equity stakes business. | | | | | | Egypt's central bank has approved regulations designed to allow people to make instant electronic payments between bank accounts using their mobile phones, it said in a statement on Monday. | | | | | | Tanzania's central bank said it would target indiciduals and government officials in new measures to reduce non-performing loans. | | | | | |
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