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Category :News

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

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

Banking News Omicron World

Banks in Britain ask staff to return to offices

Global Business Magazine January 20, 2022

Banks including Standard Chartered (STAN.L) and Citigroup (C.N) have told staff in Britain to return to the office, taking advantage Read More

Technology News World

Russian c.bank proposes banning cryptocurrencies, crypto mining

Global Business Magazine January 20, 2022

Russia's central bank on Thursday proposed banning the use and mining of cryptocurrencies on Russian territory, citing threats to financial stability, citizens' Read More

Technology News World

Telenor partners with Amazon to modernise systems, offer services

Global Business Magazine January 20, 2022

Norway's Telenor (TEL.OL) said on Thursday it had partnered with Amazon Web Services (AWS) to speed up the modernisation of its 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