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Euro zone recovery stumbled in Jan as Omicron hit services -PMI

Global Business Magazine January 24, 2022

The euro zone economic recovery weakened this month, despite an upturn in Germany where factories benefited from an easing in supply chain Read More

Technology News World

EXCLUSIVE Renault, Nissan, Mitsubishi to unveil 2030 EV plan this week

Global Business Magazine January 24, 2022

Renault SA (RENA.PA), Nissan Motor Co and Mitsubishi Motors Corp (7211.T) plan to triple their investment to jointly develop electric vehicles (Read More

Banking Economy News World

Deutsche Bank expected to break profit run in fourth quarter

Global Business Magazine January 24, 2022

Deutsche Bank (DBKGn.DE) is expected to swing to a net loss when it reports fourth-quarter earnings on Thursday amid a slowdown Read More

Banking News World

Goldman appoints Sarsfield to co-run asset management unit – Bloomberg News

Global Business Magazine January 24, 2022

Goldman Sachs Group Inc (GS.N) has appointed Luke Sarsfield to co-head its $1.7 trillion asset-management business, Bloomberg News reported on Sunday.Read More

Technology News World

Temasek to acquire Bridgepoint’s UK-based testing firm for $7 bln -sources

Global Business Magazine January 24, 2022

Singapore's Temasek Holdings has agreed to buy Element Materials Technology (BPTB.L) for about $7 billion, as it sees an opportunity to boost Read More

Finance Economy News World

Morning Bid: Bears at the gate

Global Business Magazine January 24, 2022

With a 14% fall from its November peak, not only is the Nasdaq deep in correction territory, it is also now within striking Read More

Business Economy News Regional

UAE regulator approves Gulf’s first SPAC framework

Global Business Magazine January 24, 2022

The United Arab Emirates' Securities and Commodities Authority (SCA) has approved a regulatory framework for special purpose acquisition companies (SPACs), the first Read More

Business Economy News World

Hong Kong’s financial sector faces talent crunch as expats head for the exit

Global Business Magazine January 24, 2022

Late last year, Tania Sibree quit her well-paid job as a financial services lawyer in Hong Kong and returned to Australia rather Read More

Business News Oil & Gas Regional

Oil rises on elevated geopolitical risks in Europe and Middle East

Global Business Magazine January 24, 2022

Oil prices rose on Monday on worries about supply disruption amid concerns about Russia-Ukraine discord and rising tensions in the Middle East, Read More

Finance Economy News World

Ukraine tensions lift dollar, yuan holds firm

Global Business Magazine January 24, 2022

The dollar inched higher on Monday, moving further off its recent two-month lows, lifted by the tension between Russia and the West Read More