{
MUS

Country

}
Bank of Mauritius Seeks to Wind Down Pandemic Investment Fund
The Bank of Mauritius is seeking to reduce its involvement in the Mauritius Investment Corp. (MIC), an investment fund established during the Covid pandemic. Launched in June 2020 with an initial capital of 81 billion rupees ($1.74 billion), the MIC aimed to support key economic operators and preserve jobs during the crisis. Governor Rama Krishna Sithanen announced this intention during a press briefing in Port Louis.
Bloomberg.com
Mauritian Rupee United States Dollar Mauritius Investment Corp. MUS Krishna Sithanen
Finance & Economy, News Article
14:03 07.12.2024
healthcare ai market analysis and growth forecast for 2024 to 2030
Companies must comply with regulations to ensure ethical operations and maintain consumer trust. Economic indicators like GDP and inflation significantly influence the growth and profitability of the Healthcare AI sector, guiding businesses in decision-making. The Healthcare AI Market report offers comprehensive insights, including market size, regional analysis, and customization options for clients.
openPR.com
United States Dollar STP MUS USA BRN JAM Show more
Technology & Innovation, Market Report
06:28 02.12.2024
foreign direct investment in india rises 45 percent to 29.79 billion
Foreign direct investment (FDI) in India surged by 45% year-on-year to $29.79 billion during April-September 2024, driven by strong inflows in services, telecom, and pharma sectors. The April-June quarter alone saw a 47.8% increase, totaling $16.17 billion. Maharashtra led the states with $13.55 billion in FDI, followed by Karnataka and Telangana.
Moneycontrol
Singapore Dollar Indian Rupee Japanese Yen British Pound Sterling United States Dollar Apple Inc. Microsoft Corporation MUS SGP USA NLD ARE CYM CYP JPN GBR IND Show more
Finance & Economy, Market Report
13:26 01.12.2024
blackrock in talks to acquire hps investment partners for 12 billion
BlackRock is in advanced talks to acquire HPS Investment Partners for approximately $12 billion, surpassing its estimated $10 billion valuation. Meanwhile, Protective Industrial Products will purchase Honeywell's PPE business for $1.33 billion, expected to close in early 2025. LeapFrog Investments has successfully raised $1.02 billion for its fourth fund, focusing on healthcare and financial services in growth markets, while Aegis Ventures expands its Digital Consortium with two new health system partners to innovate healthcare technologies.
BeBeez
United States Dollar BlackRock, Inc. Honeywell International Inc. USA MUS
Finance & Economy, Market Report
04:00 29.11.2024
India seeks enhanced trade agreements to leverage global manufacturing shifts
India requires a range of bilateral trade agreements to enhance market access and leverage the 'China plus one' strategy in global manufacturing, as highlighted in the Reserve Bank of India's November bulletin. The urgency lies in standardizing negotiations to tackle rules of origin and non-tariff barriers. Over the past five years, imports from FTA partners surged by 37.9%, while exports only rose by 14.5%, indicating a need for a more effective trade approach.
Moneycontrol
Indian Rupee United States Dollar Euro Mauritius UAE Japan Australia SAFTA ASEAN South Korea IND JPN AUS KOR ARE SAU MUS CHN Show more
Finance & Economy, Market Report
16:22 20.11.2024
mauritian prime minister initiates audit of misleading economic data
Mauritian Prime Minister Navinchandra Ramgoolam has initiated an audit of the Finance Ministry's data, claiming it inaccurately portrays the economy's health. A review team is now assessing the economic and public finance data following his recent election victory, where his coalition won decisively on November 10.
Bloomberg.com
Apple Inc. MUS Navinchandra Ramgoolam
Finance & Economy, News Article
08:55 18.11.2024
new central bank governor aims to stabilize rupee and address currency shortage
Rama Sithanen has taken over as the new Governor of the Bank of Mauritius, succeeding Harvesh Seegolam. His immediate focus will be on addressing the depreciation of the rupee and alleviating the foreign currency shortage affecting the domestic market.
Bloomberg.com
Mauritian Rupee Bank of Mauritius MUS Rama Sithanen Harvesh Seegolam
Finance & Economy, News Article
09:32 16.11.2024
Botswana aims to attract wealthy Africans through economic diversification efforts
Botswana is actively diversifying its economy from mining to financial services, aiming to become a competitive hub for high net-worth individuals in Africa, alongside Mauritius. The country is enhancing regulations and improving the business environment to attract foreign investment and stimulate economic growth, according to a report by investment management firm Ocorian Ltd.
Bloomberg.com
Ocorian Ltd. BWA MUS
Finance & Economy, Market Report
16:22 12.11.2024
switzerland remains the most innovative country in global rankings
Switzerland has maintained its position as the most innovative country for 14 consecutive years, excelling in both innovation inputs and outputs. The nation benefits from a robust intellectual property system, significant R&D investment, and strong collaboration between academia and industry, attracting foreign companies to establish research hubs. Despite its small size, Switzerland's high-tech sectors, particularly in biotech and precision machinery, contribute significantly to its economic success and innovation ranking.
SWI swissinfo.ch
Brazilian Real Chinese Yuan Euro Swiss Franc United States Dollar Novartis AG Philip Morris International Inc. Nestlé S.A. Hoffmann-La Roche AG Google Inc. PAK MUS SAU CHN IDN QAT SGP USA CHE KOR BRA Martin Wörter Sacha Wunsch-Vincent Show more
Technology & Innovation, News Article
09:00 12.11.2024
acme solar holdings raises 1301 crore from anchor investors ahead of ipo
ACME Solar Holdings raised Rs 1,300.5 crore from anchor investors ahead of its Rs 2,900-crore IPO, set to open on November 6 and close on November 8, with a price band of Rs 275-289 per share. The offering includes a fresh issue of Rs 2,395 crore and an offer-for-sale of Rs 505 crore by ACME Cleantech Solutions. Notable investors include Abu Dhabi Investment Authority, Goldman Sachs, and Morgan Stanley, among others.
Moneycontrol
Indian Rupee The Goldman Sachs Group, Inc. Eastspring Investments Clsa B.V. Nomura Holdings, Inc. Citigroup Inc. Societe Generale Batiment SA BNP Paribas SA Morgan Stanley HSBC Holdings plc Prudential plc USA HKG JPN MUS ARE IND Morgan Stanley Abu Dhabi Investment Authority Nomura Societe Generale Goldman Sachs Show more
Finance & Economy, Market Report
18:36 05.11.2024
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