It has taken a long time to Saudi Arabia to embark on a reform wave, but it seems that after eight decades of oil dependency, and under the current context of sustained low crude oil prices that pushed Saudi Arabia into a budget deficit of nearly $100bn last year (15% of GDP), the time has come for the kingdom to think of a post-oil era.

Infosys, a global leader in consulting, technology, outsourcing and next-generation services, today announced that it has made an investment in Trifacta, a leading provider of data wrangling software that enables non-technical users to easily transform data for analysis.

In the face of the low money market interest rates, returns offered by investments in money markets products have been declining steadily. While money market fund managers managed to turn in slightly positive performances in 2015, this could prove more daunting in 2016.

AnaCap Financial Partners (“AnaCap”), the specialist European financial services private equity firm, announces that it has entered into exclusive negotiations to acquire Barclays plc's French retail banking and wealth businesses.

CNP Assurances, a socially responsible investor involved in funding economic growth, is taking an equity stake in Lendix, France's leading platform for lending to SMEs...