Citigroup, citing climate change, will cut financing for coal Canberra Times Citigroup Inc., the third-biggest U.S. bank, said it will cut back on financing for coal mining projects, in the latest blow to the industry that's viewed as a key contributor to global warming. | | Citigroup said its credit exposure to coal m...
Nigerian Banks Heading for Another Credit Crisis, Citigroup Warns All Africa [This Day] Nigerian banks are on the verge of another credit crisis, Citigroup's Head of Frontier Market Banks and Research, Josh Levin has warned, citing what he described as deteriorating macro conditions in the country. ... ...
Citigroup said to trade Saudi Arabian stocks again Gulf News The US bank has already started directly investing in companies listed on the Saudi Stock Exchange after receiving the Qualified Foreign Investment license from the Capital Market Authority ... ...
Citigroup, Ashmore approved to buy Saudi stocks directly -sources Reuters RIYADH, Sept 30 (Reuters) - U.S. bank Citigroup Inc and emerging markets-focused investment manager Ashmore Group have won permission from the Saudi Arabian regulator to invest directly in the local... ...
World Bank cuts Asia growth forecast on China and US rates BBC News The World Bank has cut its growth forecast for the Asia Pacific region for this year and next, because of the risks posed from a sharp slowdown in China and raising US interest rates. | The bank now expects growth in developing East Asia and the Pacific to be 6.5% this year and 6.4% in 2016, down from an earlier forecast of 6.7%. | The latest estim...
Akon: ‘I don't think charities in Africa work’ The Guardian US-Senegalese rapper Akon has launched an ambitious energy project in Africa. But will it be as successful as his music? | Sponsored by: | ENEL | As night falls across Africa bustling cities light up and neighbourhoods begin to buzz, fed by traffic from well-lit roads. In the countryside, meanwhile, villages are plunged into darkness, shutting down...
