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One Bank Is Turning Africa’s Climate Vulnerability Into Opportunity
“The perceived risk is much higher than the real risk of investing in Africa,” African Development Bank President Akinwumi Adesina says on this week’s Zero.
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AI Can’t Reject Your No Good, Very Bad Idea
Skipping over real humans who can push back on corporate clients will lead to a mind-numbing flood of second-rate marketing.
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Banking Giants Race to Riyadh as MBS Steps Up Pressure Campaign
Kingdom’s wealth pile attracts banks, but they still face local challenges
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German-Led Austerity Didn’t Work Then. It Won’t Work Now.
Stagnant growth and productivity should raise alarm bells, not rising public debt.
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Android Users Are Getting a Fart Button
Android users on the beta update channel are noticing a new menu in calls made with the Google Phone app. Dubbed “Audio Emoji,” this surprise new feature gives callers a soundboard with six different sound effects, which both sides of the call can hear.
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Credit Suisse Faces $36 Million Korea Short-Sale Fine: Chosun
Credit Suisse AG reportedly faces 50 billion won ($36 million) in penalties over illegal short selling in South Korea, where authorities are due to give an update on their broader investigation into the practice on Friday.
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Olam Ups Offer for Australia’s Namoi, Days After Latest LDC Bid
Olam Agri Holdings Ltd. sweetened its offer for Australia’s Namoi Cotton Ltd., topping a proposal from rival Louis Dreyfus Co. and heating up a bidding war between two top agricultural commodities traders.
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Japanese Companies Struggle With Yen’s Continued Weakness
Japan’s companies are expressing unusual discomfort with the weak yen, just as the country’s government appears to be stepping in to prop up its tumbling currency.
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BlackRock, Citadel Reap Billion-Dollar Deals From Australia Fund
Man Group Plc, BlackRock Inc. and Citadel are among big winners from the giant alternatives portfolio held by Australia’s sovereign wealth fund, which has revealed the size of its mandates for the first time.
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