HSBC HSBA.L has agreed to sell its Singapore insurance business to Allianz ALVG.DE for $2.1 billion as the bank continues its global restructuring under chief executive Georges Elhedery.
Nigerian billionaire Aliko Dangote secured $2.5 billion in investment to fund the expansion of his Lagos mega-refinery, in what would be Africa's largest ever publicly disclosed private equity placement, according to a statement released on Thursday.
The European Commission has fined Google GOOGL.O a total of €890 million ($1.01 billion) for breaching the bloc's digital rule book, while threatening to impose daily fines if the search engine company does not abide by its rules.
A panel of advisers to the U.S. Food and Drug Administration on Thursday voted in favor of ending prohibitions on unapproved peptides BPC-157, KPV and TB-500.
Top stories from the Financial Times
HSBC sells Singapore insurance business to Allianz for $2.1 billion
Dangote secures record $2.5 billion investment to expand Lagos refinery
EU fines Google €890 million in test of Donald Trump’s threats to protect Big Tech
FDA panel supports access to peptides over objections by scientists at US regulator
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