activity

African Bank swings into a loss amid reduced credit activity 0
- Credit
- January 26, 2021
African Bank has published it financial results for the year ended September 2020, reporting a net loss of R27 million, against a R1.2 billion profit previously, citing higher credit impairments and reduced insurance income. African Bank reported a second half improvement in earnings of R84 million for April to September, as lower risk emerged and
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Business Activity Up; SAP Collabs With Deloitte 0
- TECHNOLOGY
- January 26, 2021
Share Tweet Share Share Share Email Today in B2B payments, U.S. business activity jumps in January, and SAP Hong Kong collaborates with Deloitte on cross-border trade technology. Plus, Rustic Deco launches a B2B eCommerce site, DailyPay debuts CYCLE and Cygnet upgrades its accounting platform. SAP Hong Kong, Deloitte Team On X-Border Trade Tool Software giant SAP
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Mania in stocks like GameStop, surging options activity suggest a market pullback 0
- Markets
- January 26, 2021
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Investment bankers net decade-high $292 million from ECM activity 0
- Bankers
- January 6, 2021
For investment bankers operating in the equity capital market (ECM) segment, 2020 turned out to be among the best years in a decade. According to Refiniv, ECM underwriting fee in India generated $291.7 million, 70 per cent more than that in 2019 and the highest in over a decade. ECM activities comprise several kinds of
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U.S. factory activity approaches 2-1/2-year high; COVID-19 hitting supply chains 0
- JOBS
- January 6, 2021
WASHINGTON (Reuters) -U.S. factory activity accelerated to its highest level in nearly 2-1/2 years in December as the coronavirus pandemic continues to pull demand away from services towards goods, though spiraling new infections are causing bottlenecks in supply chains. The strength in manufacturing reported by the Institute for Supply Management (ISM) on Tuesday likely helped
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Factory activity picks up, employment rate declines 0
- JOBS
- January 5, 2021
The manufacturing sector continued to strengthen in December, the results of a private survey showed, as companies raised production and bought inputs to rebuild inventories after the pandemic-driven business closures earlier in the year. Data released by analytics firm IHS Markit on Monday showed Purchasing Managers’ Index (PMI) for the manufacturing sector picked up marginally
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