Category :News

Banking News World

Citi joins JPMorgan, others in switching to Mon-Fri work week in UAE

Global Business Magazine December 20, 2021

Citigroup Inc (C.N) is changing to a Saturday-Sunday weekend from the New Year in the United Arab Emirates (UAE), according to Read More

Banking News World

Bank of Montreal expands U.S. presence with $16 bln purchase of Bank of the West from BNP Paribas

Global Business Magazine December 20, 2021

Bank of Montreal said on Monday it will buy BNP Paribas' (BNPP.PA) U.S. unit, Bank of the West, for $16.3 billion Read More

Banking Business Economy News World

Omicron for Christmas

Global Business Magazine December 20, 2021

With the big central bank decisions out of the way, investors can now entirely focus on COVID-19 developments. And what they're seeing Read More

Banking Economy News World

Barclays gets Australian banking licence in expansion push

Global Business Magazine December 20, 2021

UK-based Barclays Plc (BARC.L) said on Monday it had received approval from Australia's prudential regulator to operate as a foreign bank Read More

Business Economy News World

Japan parliament approves record extra budget to secure post-pandemic growth

Global Business Magazine December 20, 2021

Japan's parliament on Monday approved the first extra budget of the 2021 fiscal year, with a record spending of $317 billion, Read More

Banking Economy News World

Goldman Sachs cuts U.S. GDP forecast after Manchin retreats on Biden’s bill

Global Business Magazine December 20, 2021

Dec 20 (Reuters) - Goldman Sachs trimmed its quarterly GDP forecasts for 2022, after U.S. Senator Joe Manchin withdrew his support to U.Read More

Banking Business Economy Finance News Technology World

Interest rates go up for the first time in 3 years in Britain

Global Business Magazine December 20, 2021

In response to rising inflation and the rapid spread of the coronavirus Omicron variant, the Bank of England raised its main interest Read More

Business Economy Finance News World

The United Kingdom to withdraw all 11 countries from the coronavirus travel red list

Global Business Magazine December 17, 2021

All 11 countries on England's coronavirus travel "red list" will be removed, suggesting that ministers believe that the Omicron form of the virus Read More

Business News World

The world should taste the magic of Bulgarian cuisine

Global Business Magazine December 17, 2021

Bulgaria is a country with a long culinary culture that is well worth seeing. Bulgarian cuisine is a mash-up of what grows Read More

Business Economy News World

Major Gulf bourses track oil, Asian shares higher

Global Business Magazine December 16, 2021

Major stock markets in the Gulf rose in early trade on Thursday, in line with oil prices and Asian shares, after the Read More