Sharia banking weaves moral fibre into the West’s oft-flawed system
No pork, no porn, no booze: this traditional Islamic take on finance and funding relies on ancient ethical codes — and ensures lender and...
WEF: Beyond Davos
From helping China open up its economy (1976) to avoiding war between Greece and Turkey (1988) and bringing together West and East Germany (1989);...
Yes Bank founder Kapoor arrested on charges of money laundering
THE head and founder of India's private Yes Bank, Rana Kapoor, has been arrested in Mumbai on charges of money laundering.
His arrest comes just...
Tepid growth forecast in World Bank’s 2020 report
THE WORLD Bank forecasts a slight increase in global economic growth for 2020.
But the operative word is “slight”: the bank’s prediction is for expansion...
Online shift has banks shutting shop
HIGH street bank branches are shutting as people turn to online services and money management.
Which? magazine reports that 5,355 bank and building society branches...
Sallie Krawcheck (CEO Ellevest): Pouring scorn on outdated ideas
BEING ousted from a company during ‘restructuring’ is never pleasant for anyone. For many, it’s a time handed over to duvet days, crises of...
Energy exchange group acquires Nasdaq future and options business
ENERGY exchange EEX Group has announced an agreement with US-based Nasdaq Futures (NFX) to buy its futures and options exchange business.
The German-based European Energy...
Booming in Botswana: Absa has taken inclusive banking to its heart
ABSA BANK Botswana — formerly Barclays Bank of Botswana Ltd — has been through some exciting times just lately. The adoption of the new...
EIB Investment Plan for Europe: Revolution in Use of Public Resources
The Marshall Plan did much to inject life into the post-war recovery of Europe. Initially comprising $13 billion, mostly in direct aid, the plan...
New policies for a young country: India moves into the mainstream...
By LAKSHAY MATHUR
ALMOST 65 percent of India’s 1.3 billion population is below the age of 35, and government alone cannot satisfy the career prospects...