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Natural disasters cost insurers $120 billion in 2021, Munich Re says

Global Business Magazine January 10, 2022

Marked by devastating hurricanes and cold snaps in the United States, 2021 proved the second-most costly year on record for the world's insurers, Read More

Business Economy News World

Analysis: Argentina’s strategy toward IMF deal hits a wall of doubt

Global Business Magazine January 10, 2022

Argentina's insistence on its deficit spending plan is putting it on a fresh collision course with the International Monetary Fund, though analysts Read More

Business Economy News World

Major UK companies plan 2022 investment surge – Deloitte

Global Business Magazine January 10, 2022

Major British companies plan a surge in investment in 2022 to meet strong demand and respond to climate change against a backdrop of Read More

Business News Omicron World

Oil steady as supply disruptions offset Omicron fears

Global Business Magazine January 10, 2022

Oil prices were largely steady on Monday as supply disruptions in Kazakhstan and Libya offset worries stemming from the rapid global rise Read More

Amnesty International urges Spanish clubs to take a stand in Saudi Arabia

Global Business Magazine January 10, 2022

Soccer Football - LaLiga - FC Barcelona v Real Madrid - Camp Nou, Barcelona, Spain - October 24, 2021 FC Barcelona's Gerard Pique in Read More

Banking Finance News

UAE central bank expects economy to grow 4.2% in 2022

Global Business Magazine January 10, 2022

The Central Bank of the United Arab Emirates said it expects the UAE economy to grow 4.2% in 2022, accelerating from last year's 2.1% growth.Read More

Business Economy News World

Analysis: Shrink to fit: the year Big Oil starts to become Small Oil

Global Business Magazine January 10, 2022

Europe's Big Oil companies are planning to spend their windfall from high energy prices on becoming Small Oil.Read More

Business News Omicron World

Stocks fall further as U.S. yield climb unnerves investors

Global Business Magazine January 10, 2022

Stock markets fell again on Monday as U.S. Treasury yields reached a new two-year high and investors fretted about the prospect Read More

Economy Featured World

Statistical Impact of COVID-19 in The GCC

Global Business Magazine January 10, 2022

Saudi Arabia projects for fiscal surplus in eight years Read More

Business Economy News World

Aston Martin sales surge, Valkyrie delays hit profit

Global Business Magazine January 7, 2022

Aston Martin (AML.L) said sales to dealers in 2021 surged 82%, even as the British luxury automaker forecast lower-than-expected annual adjusted core earnings Read More