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Exclusive: Morgan Stanley to award 20% bonuses to top performers

Global Business Magazine January 12, 2022

Morgan Stanley (MS.N) will raise its annual bonus for top-performing staff on Thursday by more than 20%, people with direct knowledge of Read More

Business Economy News World

DHL opens Middle East’s largest robotic sorting centre in Israel

Global Business Magazine January 12, 2022

Courier services company DHL Express has opened the Middle East's largest robotic sorting centre in central Israel, the company said on Wednesday.Read More

Banking Economy News World

Citi to exit Mexican consumer business as part of strategy revamp

Global Business Magazine January 12, 2022

Citigroup Inc (C.N) will exit its Citibanamex consumer banking business in Mexico, the bank said on Tuesday ending its 20-year retail Read More

Business Economy News World

WWE rival sues over alleged illegal wrestling monopoly

Global Business Magazine January 12, 2022

World Wrestling Entertainment Inc (WWE.N) was sued on Tuesday by a smaller rival that accused it of violating federal antitrust law Read More

Banking News World

Wells Fargo to scrap bounced check, overdraft protection fees by March 30

Global Business Magazine January 12, 2022

Wells Fargo & Co said on Tuesday that it will stop charging customers fees for bouncing checks and will waive fees for customers Read More

Business Economy News Omicron World

Factbox: Corporate America revamps back-to-office plans on Omicron threat

Global Business Magazine January 12, 2022

Companies across the United States are revising their back-to-office plans, driven by rising uncertainty around the Omicron COVID-19 variant that has pushed Read More

Banking News World

Israel’s Bank Leumi raises 3.2 billion shekels in bonds

Global Business Magazine January 12, 2022

Israel's Bank Leumi (LUMI.TA) said on Wednesday it raised 3.2 billion shekels ($1 billion) from institutions in a tender to expand two series Read More

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Qatar’s economy grows by 2.6% in Q3 2021, lifted by non-hydrocarbon sector

Global Business Magazine January 12, 2022

Qatar's economy grew 2.6% year-on-year in the third quarter of 2021, according to official estimates, driven mainly by the non-hydrocarbon sector.Read More

Business Economy News Omicron World

Oil prices shrug off Omicron slump, soar to 2-month highs

Global Business Magazine January 12, 2022

Oil prices hit two-month highs on Wednesday on tight supply and easing concerns about the potential hit to demand from the Omicron Read More

Business Finance News World

Futures rise ahead of Fed Chair Powell’s testimony

Global Business Magazine January 11, 2022

U.S. stock index futures rose on Tuesday as investors picked up beaten-down stocks ahead of Federal Reserve Chair Jerome Powell's testimony Read More