Category :Economy

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

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

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 Economy News World

Gloomy outlook for global recovery, World Economic Forum survey finds

Global Business Magazine January 11, 2022

Only one in 10 World Economic Forum members surveyed expects the global recovery to accelerate over the next three years, a poll of Read More

Business Economy News World

Oil rises to $82 as demand recovery seen on track

Global Business Magazine January 11, 2022

Oil rose to around $82 a barrel on Tuesday, supported by tight supply and hopes that rising coronavirus cases and the spread of Read More

Banking Economy News World

Major Canadian banks pursue U.S. buys, investments to grow

Global Business Magazine January 11, 2022

Canada's major banks plan to pursue their quest for growth south of the border, their top executives said on Monday, after Bank Read More

Business Economy News World

Several Asian refiners to receive full Saudi crude allocation in February -sources

Global Business Magazine January 11, 2022

Saudi Aramco (2222.SE) has notified at least five Asian buyers that it will supply full contractual volumes of crude oil in February, Read More

Economy News World

Sri Lanka asks China for debt restructuring amid this economic crisis

Global Business Magazine January 11, 2022

Wang Yi, the Chinese Foreign Minister, arrived in Sri Lanka for a two-day official visit to commemorate the 65th anniversary of the Read More