Category :Economy

Economy Featured

DP World and Congo lay first stone to start of construction of $1 Billion Banana Port

Global Business Magazine February 2, 2022

DP World, the world's leading provider of smart logistics, and the Government of the Democratic Republic of the Congo (DRC), on 1 February 2022 Read More

Banking Economy News World

UBS books best annual profit since 2006, sets loftier goals

Global Business Magazine February 1, 2022

UBS (UBSG.S) on Tuesday reported its best annual profit since the global financial crisis, emboldening it to hike share buybacks and Read More

Business Economy News

Germany, Denmark seek more ambition from EU on green aviation fuel

Global Business Magazine February 1, 2022

European Union plans to require the aviation sector to use more sustainable fuels are not ambitious enough and the EU should let Read More

Economy News Regional

UAE to launch first federal corporate tax on business profits from June 2023

Global Business Magazine January 31, 2022

The United Arab Emirates (UAE) on Monday said it would introduce a federal corporate tax on business profits for the first time Read More

Finance Economy News World

Morning Bid: Walk on the wild side

Global Business Magazine January 31, 2022

The days of wild swings aren't over. And with bears and bulls still fiercely wrestling for control, investors could see their nerves 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