Category :Economy

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

Banking Economy News World

Big U.S. banks expected to post uptick in core Q4 revenues on economic rebound

Global Business Magazine January 10, 2022

Analysts expect big U.S. banks to show an uptick in fourth quarter core revenues thanks to new lending and firming Treasury Read More

Business Economy News World

Natural disasters cost insurers $120 billion in 2021, Munich Re says

Global Business Magazine January 10, 2022

Marked by devastating hurricanes and cold snaps in the United States, 2021 proved the second-most costly year on record for the world's insurers, Read More

Business Economy News World

Analysis: Argentina’s strategy toward IMF deal hits a wall of doubt

Global Business Magazine January 10, 2022

Argentina's insistence on its deficit spending plan is putting it on a fresh collision course with the International Monetary Fund, though analysts Read More

Business Economy News World

Major UK companies plan 2022 investment surge – Deloitte

Global Business Magazine January 10, 2022

Major British companies plan a surge in investment in 2022 to meet strong demand and respond to climate change against a backdrop of Read More

Business Economy News World

Analysis: Shrink to fit: the year Big Oil starts to become Small Oil

Global Business Magazine January 10, 2022

Europe's Big Oil companies are planning to spend their windfall from high energy prices on becoming Small Oil.Read More