Category :Business

Business Economy News Oil & Gas Omicron World

Oil market headed for surplus as Omicron impact muted -IEA

Global Business Magazine January 19, 2022

Oil supply will soon overtake demand as some producers are set to pump at or above all-time highs, the International Energy Agency (Read More

Technology Business Economy News

Dubai’s Emirates suspends flights to several U.S. destinations on 5G

Global Business Magazine January 19, 2022

Dubai's Emirates (EMIRA.UL) airline announced on Tuesday that it will suspend flights to several destinations in the United States as of Read More

Finance Business Economy News World

Higher U.S. yields support dollar; yen slips after BoJ meeting

Global Business Magazine January 18, 2022

A jump in U.S. Treasury yields pushed the dollar index to a six-day high on Tuesday, while Japan's yen fell after Read More

Business Economy News Omicron World

Analysis: With Omicron, global economy spots chance to push past

Global Business Magazine January 18, 2022

Governments worldwide are easing quarantine rules, reviewing coronavirus curbs and dialling back pandemic-era emergency support as they bid to launch their economies Read More

Finance Business News Regional

Most Gulf markets gain as UAE shrugs off Abu Dhabi

Global Business Magazine January 18, 2022

Most major stock markets in the Gulf rose in early trade on Tuesday, with the United Arab Emirates market changing its course Read More

Business Economy Finance World

Morning Bid: Tech trouble

Global Business Magazine January 18, 2022

Nasdaq futures are down almost 1% on Tuesday, making it likely the tech-heavy index will add to its year-to-date losses of around 4.5%. Having Read More

Business Economy News Omicron World

UK sees record job creation but inflation squeezes wages

Global Business Magazine January 18, 2022

British employers hired a record number of staff last month and labour shortages deepened, increasing the chance that the Bank of England Read More

Business Economy News World

Chocolate-maker Lindt sees slower growth after bottlenecks bite

Global Business Magazine January 18, 2022

Swiss chocolate maker Lindt & Spruengli (LISN.S), expects sales of its upmarket chocolates to grow less in 2022 than last year, it said Read More

Business Economy News Oil & Gas World

Analysis: Saudi-Polish deal dents Russian oil dominance in Baltic

Global Business Magazine January 18, 2022

Saudi Arabia’s planned purchase of Polish refining assets is set to put OPEC's top producer in charge of two thirds of Read More

Business Economy News World

Antonio Horta-Osorio chairman of Credit Suisse resigns on Monday

Global Business Magazine January 17, 2022

The chairman of Credit Suisse has been sacked after just nine months of work for breaching Covid-19 quarantine rules. Antonio Horta-Osorio joined Read More