March 14, 2023/Fitch Ratings Global growth prospects for 2023 have improved significantly since December, says Fitch Ratings in its latest Global Economic Outlook (GEO) report, but the impacts of rate hikes on the real economy still lie ahead and are likely to push the US economy into recession later this […]
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To Develop Thriving Downstream Markets, Africa Needs Free Markets, Private Sector Participation
AEC Executive Chairman NJ Ayuk calls for Africa to cut the high energy taxes, create enabling environments for energy firms to thrive and reduce resource nationalization to drive oil and gas industry growth and make energy poverty history by 2030 March 14, 2023/AEC The African Energy Chamber (AEC)– the voice […]
HSBC acquires Silicon Valley Bank UK Limited for £1
Strategic acquisition to strengthen HSBC’s banking franchise in UK Image Credit: indiatimes.com March 13, 2023/hsbc.com HSBC Holdings plc announces that its UK ring-fenced subsidiary, HSBC UK Bank plc, is acquiring Silicon Valley Bank UK Limited (SVB UK) for £1. As at 10 March 2023, SVB UK had loans of around […]