Category :Economy

Finance Economy News Regional

Major Gulf markets gain in early trade; Saudi at over 15-yr high

Global Business Magazine January 20, 2022

Most major Gulf stock markets rose in early trade on Monday, in line with Asian peers, with the Saudi index holding steady Read More

Finance Economy World

Morning Bid: “Moving in” (on stock market bargains)

Global Business Magazine January 20, 2022

Prospects for war just do not bother markets the way they used to. U.S. President Joe Biden reckons Russia intends to "Read More

Business Economy News Oil & Gas World

Exclusive: Chesapeake Energy nears $2.4 bln deal to buy Chief Oil & Gas -sources

Global Business Magazine January 20, 2022

Chesapeake Energy Corp (CHK.O) is in advanced talks to acquire privately owned natural gas producer Chief Oil & Gas for around $2.4 billion, Read More

Business Economy News Oil & Gas World

Analysis: As inflation breaks records, $100 oil is also looming

Global Business Magazine January 20, 2022

Already less transitory than forecast, central bankers' inflation headache may be about to become more acute as they face the prospect of $100Read More

Business Economy News World

5G flight disruption eases as Emirates blasts U.S. rollout

Global Business Magazine January 20, 2022

Disruption to U.S.-bound air travel caused by the rollout of 5G services in the United States eased on Wednesday as Read More

Business Economy News World

Stocks slide on inflation concerns as oil prices rise further

Global Business Magazine January 20, 2022

Strong U.S. and European corporate results could not stop a slide on Wall Street, where the Nasdaq entered a correction, as Read More

Economy News Technology World

Xi Jinping urges West not to ‘slam the brakes’ by increasing interest rates too quickly

Global Business Magazine January 20, 2022

At the virtual Davos summit on 17th January, Chinese President Xi Jinping urges the world’s major economies to coordinate their Read More

Business Economy News World

Analysis: Governments no match for markets in European energy crunch

Global Business Magazine January 19, 2022

European governments have spent tens of billions of euros trying to shield consumers from record high energy prices, and themselves from voters' Read More

Finance Economy News Regional

Most major Gulf bourses track oil prices higher

Global Business Magazine January 19, 2022

Most major Gulf stock markets rose in early trade on Wednesday, amid strong oil prices, with the Saudi index holding steady at Read More

Finance Economy News World

Euro zone inflation to burn hotter, but ECB rates to stay on ice: Reuters poll

Global Business Magazine January 19, 2022

Euro zone inflation is set to burn hotter throughout 2022 than expected a month ago, according to economists polled by Reuters, which could Read More