WASHINGTON, August 02, 2021--IFC today announced a partnership with McCormick & Company, a global leader in flavor, and Citi, to provide suppliers of McCormick’s herbs and spices with financial incentives linked to improvements in measures of social and environmental sustainability. The program has started with suppliers in Indonesia and Vietnam, and will soon be launched in other countries.
(Bloomberg) -- Online insurance marketplace Policybazaar has filed for an initial public offering that could raise as much as 60.18 billion rupees ($809 million), joining a growing list of startups preparing to tap capital markets as India’s digital economy booms.The owner of the SoftBank Group Corp.-backed startup has submitted initial documents with the market regulator for what would be the third-largest Indian debut of 2021. It plans to raise up to 37.5 billion rupees via a sale of new share
Citigroup said on Friday it had become the first major global custodian allowed to operate an onshore fund custody business in China, tapping into the country's $19 trillion asset management industry. Citibank (China) Co Ltd obtained the approval from the China Securities Regulatory Commission (CSRC), Citi said in a statement. China is accelerating opening up its capital markets despite rising Sino-U.S. tensions.