INSEAD Day 4 - 728x90

Google to invest $6.4bn

The investment is its biggest-ever in Germany.

Pfizer poised to buy Metsera

The pharma giant improved its offer to $10bn.

Ozempic maker lowers outlook

The company posted tepid Q3 results.

Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

BYD Q3 profit down 33%

This was a 33% year-on-year decrease.

WB suspends financial operation in Mali after coup

    • Malian strongman Colonel Assimi Goita last week deposed the leaders of a transitional government

    • Mali has already been suspended by the African Union and the Economic Community of West African States

    The World Bank has suspended its financial operations in Mali following the second coup in under a year in the West African nation, a spokesman in Bamako said Friday.

    The Washington-based bank  has “temporarily paused disbursements on its operations in Mali, as it closely monitors and assesses the situation,” the spokesman for the bank’s Bamako operation told AFP.

    Mali had already been suspended by the African Union and the Economic Community of West African States (ECOWAS).

    Malian strongman Colonel Assimi Goita last week deposed the leaders of a transitional government, themselves installed after a coup in August which toppled Mali’s elected president, Ibrahim Boubacar Keita.

    The World Bank’s decision on Friday was in line with the body’s policy applicable in similar situations, the spokesman said.