BENGALURU, Nov 21 (Reuters) – India’s federal financial crime-fighting agency has issued a show-cause notice to ed-tech company Byju’s for alleged violations of foreign exchange rules, CNBC-TV18 reported on Tuesday, citing sources.The agency has alleged violations by the company worth 90 billion rupees ($1.1 billion) under the Foreign Exchange Management Act (FEMA), the television channel…

SIBANYE-Stillwater is to issue $500m in convertible bonds which it will use to finance the recently announced $155m acquisition of recycling operations in the US. Commenting on the issue, which will be on November 28, the group said the bonds would also free up its balance sheet to finance existing operations. The precious metals miner…

  <!– –><!—-><!—->How AI Is Shaping the Future of Data Center Financing – Spiceworks<!– –> Discover how AI impacts the industry, driving growth, sustainability, and innovative funding approaches. Julie Brewer Julie Brewer, SVP of Finance , EdgeCore Digital Infrastructure November 21, 2023 While data centers have been operating for over 20 years now, they’ve only…

Between 2011 and 2021, sustainable fund investments grew more than 14-fold, from $186 billion to $2.7 trillion. Similar growth rates were seen in green, social, and sustainability bond volumes, demonstrating an increasing demand for sustainable solutions. As trusted advisors to corporations, governments, and investors, and facilitators of capital allocation between investors and issuers, investment banks…

Finance Ministers from the 21 APEC member economies announced a joint statement at the conclusion of their meeting, outlining their commitment to policy efforts that help APEC members and the global economy achieve strong, balanced, secure, sustainable and inclusive growth.The statement reflects the outcomes of the 2023 APEC Finance Ministers’ Meeting chaired by United States…

BEIJING, Nov 21 (Reuters) – China’s Central Financial Commission (CFC), a new regulator with Premier Li Qiang as its head, held a meeting on Monday and urged stronger supervision of risks in the financial sector as Beijing accelerates efforts to become a “major financial power”.The setting up of the CFC underscores how the ruling Chinese…

NEW DELHI/BRUSSELS/WASHINGTON, Nov 21 (Reuters) – France, backed by the United States, plans to seek a halt to private financing for coal-based power plants during the U.N. climate conference later this month, three sources familiar with the deliberations told Reuters in India and Europe.The plan, which was communicated to India earlier this month, will deepen…

Data’s pivotal role in today’s business decisions elevates financial forecasting and modelling to critical skills for the modern accountant, transforming their contributions far beyond traditional boundaries. The surge in data analytics and technological advancements has reshaped the business world, necessitating a shift in the accounting profession. Accountants are now stepping beyond their conventional roles of…

Page 1 of 2Switzerland licks its wounds after the Credit Suisse fiasco and puts all hopes in a sole savior at a time when many other competing financial centers have become very innovative. That is risky, believes finews.com publisher Claude Baumann.   You can look at the situation however you want to. But the collapse of Credit…