Category :Finance

Finance News World

Rouble firms, Russian stocks extend slide in volatile trade

Global Business Magazine March 28, 2022

The rouble strengthened in Moscow trade on Monday, heading back towards a near four-week high against the dollar, while Russian stocks extended Read More

Business Finance News

Analysis: New EU rules regulating U.S. tech giants likely to set global standard

Global Business Magazine March 25, 2022

Landmark EU rules targeting Alphabet (GOOGL.O) unit Google, Amazon (AMZN.O), Apple (AAPL.O), Meta (FB.O) and Microsoft (MSFT.O) Read More

Finance Business News World

Analysis: U.S. Treasury market pain amplifies worry about liquidity

Global Business Magazine March 25, 2022

A sharp sell-off in U.S. Treasuries has increased concerns about low levels of liquidity in the $23.5 trillion market, potentially amplifying losses Read More

Energy Business Economy Finance World

Analysis: When it comes to oil, the global economy is still hooked

Global Business Magazine March 25, 2022

The world may be less dependent on oil now than it was during the energy shocks of the 1970s, but the Ukraine Read More

Economy Finance Regional

Four weeks of war scar Russia’s economy

Global Business Magazine March 25, 2022

Russia's invasion of Ukraine on Feb. 24 sparked sweeping sanctions that ripped the country out of the global financial fabric and sent its Read More

Business Finance News Regional

Generali’s rival plan targets higher growth, bigger M&A

Global Business Magazine March 25, 2022

The challengers to Generali's (GASI.MI) current management and business strategy pledged to grow earnings by double-digits while targeting "fewer but larger" Read More

Business Energy Finance News

DEWA Shares’ Subscription Begins Today

Global Business Magazine March 24, 2022

The subscription period for individual and institutional investors begins for 3.52 billion shares, equivalent to 6.5% of the shares of the Dubai Electricity and Read More

Banking Business Featured Finance

UAE Central Bank rates are increased followed by U.S Federal Reserve

Global Business Magazine March 24, 2022

The Central Bank of the UAE (CBUAE) has decided to raise interest rates by a quarter percentage point, effective from Thursday,17 March 2022. Read More

Energy Featured Finance News

UAE’s power sector burns less hydrocarbons in meeting power demand in 2021

Global Business Magazine March 24, 2022

Marching ahead to meet its goal of net zero emissions by 2050, the UAE’s power sector has burnt less hydrocarbons to meet Read More

Business Finance News

LME says it has no current plans to ban Russian metal from its system

Global Business Magazine March 23, 2022

The London Metal Exchange has no current plans to ban from its system metal from Russian producers, such as nickel and copper Read More