Monthly Archives: August 2025

Kering Names Ex-Renault CEO Luca de Meo as New Chief

[ad_1] The French luxury giant Kering, parent company of Saint Laurent and Gucci, is getting a new CEO, Luca de Meo. And surprisingly he is not a longtime ready-to-wear afficionado but a car industry veteran. De Meo, 58, had been leading the French Renault Group since 2020. He left the …

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Ripple Applies for US National Bank Charter

[ad_1] Crypto company Ripple has applied to US regulators for a national bank charter, as the distinction between digital asset firms and traditional financial institutions becomes increasingly blurred. Ripple’s decision—announced in July on social media by the company’s chief executive, Brad Garlinghouse—mirrors similar moves by Circle and BitGo. Analysts opine …

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London IPOs Hit 30-Year Low Amid Global Competition

[ad_1] The state of the United Kingdom’s capital markets is perilous. IPO activity has fallen to its lowest levels in 30-years. In the first half of this year, five listings reportedly raised just £160 million (around $215 million) below amounts as far back as 1995, according to data provider Dealogic.London …

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Singapore’s Yinson Issues Record $1.2B FPSO Project Bond

[ad_1] Singapore-headquartered Yinson Production recently issued a record-breaking $1.168 billion bond for a floating production, storage, and offloading (FPSO) unit in Brazil. This marks the largest and longest-dated FPSO project bond to date, the longest-dated structured finance bond in Brazil, and the highest order book ever for an FPSO project …

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Malnutrition: Kano Warns Against Supplement Theft as CSO Decries Worsening Growth of Child Mortality

[ad_1] Kano state warned against diversion of ₦1bn nutrition supplements for women and children, vows arrest of offenders UNICEF and Governor Yusuf jointly fund Ready-to-Use Therapeutic Food to tackle malnutrition and anaemia Civil society decried worsening child mortality, urges stronger partnerships to sustain nutrition interventions The Kano state government has …

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