Category :Economy

Business Economy News World

EXCLUSIVE EnCap merges two Permian oil producers in about $4 bln deal -sources

Global Business Magazine December 14, 2021

EnCap Investments LP has combined two of its portfolio companies in the Permian basin, creating an oil producer worth more than $4 billion Read More

Banking Business Economy Finance News Technology World

Inflation in the United States is on the rise!

Global Business Magazine December 14, 2021

Consumer prices in the United States surged to a new high last month, the highest in nearly 40 years. According to Labor Department Read More

Business Economy News World

OPEC upbeat on 2022 oil demand, says Omicron impact to be mild

Global Business Magazine December 13, 2021

OPEC on Monday raised its world oil demand forecast for the first quarter of 2022 but left its full-year growth prediction steady, saying Read More

News Business Economy World

As the UK’s recovery stutters, the possibility of an interest rate hike before Christmas fades

Global Business Magazine December 13, 2021

The Omicron coronavirus variant has already led to panic everywhere.Read More

Business Economy Featured Finance News World

Starbuck’s employees have decided to vote to construct the company’s first union

Global Business Magazine December 13, 2021

Workers at one Starbucks location in New York voted to unionize, marking the first time the coffee chain's stores have done so Read More

Business Economy Featured Finance News World

The Prime Minister of Finland apologizes to citizens for not being isolated

Global Business Magazine December 10, 2021

On December 10, 2019, Sanna Marin was sworn in as Finland's Prime Minister. She is the youngest prime minister in Finland's history.Read More

Business Economy Finance News

Most Gulf bourses gain as Omicron concerns wane

Global Business Magazine December 9, 2021

Most stock markets in the Gulf climbed on Thursday, in line with rising oil prices following positive comments from vaccine makers about Read More

Business Economy News World

Look on the bright side

Global Business Magazine December 9, 2021

England is going under tougher COVID-19 curbs, Christmas parties are being cancelled across Europe and the United States, and Jefferies became the Read More

Business Economy News World

Oil slips after restrictions to counter Omicron variant

Global Business Magazine December 9, 2021

Oil prices eased after early gains on Thursday after measures by some governments to slow the spread of the Omicron coronavirus variant, Read More

Banking Business Economy Finance News Technology World

Amazon Web Services outage causes issues for its U.S users

Global Business Magazine December 9, 2021

Outages afflicted Amazon Web Services, including prime video. Thousands of users in the United States were unable to access Amazon Web Services (Read More