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Facebook owner Meta to lift veil off its metaverse business

Global Business Magazine January 31, 2022

Since October, Facebook has renamed the company, articulated a vision of the internet where people can digitally connect through virtual-reality avatars or Read More

Finance Economy News World

U.S. public pension funds seen turning to more ‘aggressive’ investment – report

Global Business Magazine January 31, 2022

U.S. public pension funds will likely have to switch to more aggressive investment strategies in the coming years to fill funding Read More

Business Economy News World

Euro zone growth slowed in Q4 as Omicron COVID wave hit

Global Business Magazine January 31, 2022

The Omicron wave of COVID-19 infections slowed euro zone economic growth in the final quarter of 2021 compared to the previous three months Read More

Banking Economy News World

Inflation stations: Five questions for the ECB

Global Business Magazine January 31, 2022

Record euro area inflation rates mean price pressures will top the agenda for European Central Bank policymakers meeting on Thursday.Read More

Technology Economy News World

EXCLUSIVE Pearson buys certification group Credly in deal valued at $200m

Global Business Magazine January 31, 2022

Education group Pearson has agreed to buy the certification company Credly to expand its offering to businesses looking to train and retain Read More

Business Economy News World

UK businesses scale back pay plans despite higher inflation – Lloyds

Global Business Magazine January 31, 2022

British businesses are scaling back plans for pay rises and hiring, but almost half intend to increase the prices they charge customers Read More

Technology News World

Dutch telco KPN hikes dividend as earnings rise

Global Business Magazine January 31, 2022

Dutch telecom company KPN (KPN.AS) announced on Monday a new share buyback program and a higher dividend over 2022, as its core Read More

Business Economy News Oil & Gas World

Oil forward curves signal tight market, supporting price rally

Global Business Magazine January 31, 2022

The risk of geopolitical disruption to oil supply at a time of already tight inventories due to the strong post-pandemic recovery has Read More

Economy Banking News

The Federal Reserve said increasing rate “will soon be appropriate”

Global Business Magazine January 31, 2022

On Wednesday, Federal Reserve Chairman Jerome Powell reportedly said that the committee is of a mind to raise interest rates in March Read More

Banking News World

Italy’s Treasury pushing for CEO change at Monte dei Paschi – sources

Global Business Magazine January 31, 2022

Italy's Treasury is pushing for a change at the helm of Monte dei Paschi (MPS) (BMPS.MI) of which it owns 64%, as Read More