Category :News

Economy News Technology World

EXCLUSIVE Foxconn’s India plant to stay shut this week after protests – govt sources

Global Business Magazine December 21, 2021

Apple supplier Foxconn's (2317.TW) plant near Chennai in southern India will remain shut this week following protests sparked by a food poisoning Read More

Business Finance News World

Dollar on back foot as Treasury yields soften, Omicron keeps markets on edge

Global Business Magazine December 21, 2021

The dollar hovered below recent highs on Tuesday having lost ground overnight after a blow to Democratic spending plans in Washington, but Read More

News Technology World

REFILE UPDATE 3 Micron results beat forecasts, sees chip shortages easing in 2022

Global Business Magazine December 21, 2021

Micron Technology Inc (MU.O) on Monday delivered stronger quarterly results than Wall Street expected as data centers and electric vehicle manufacturers Read More

Banking News World

Factbox: U.S. banks tighten COVID-19 precautions as Omicron variant spreads

Global Business Magazine December 20, 2021

U.S. banks have been more proactive than other industries in encouraging employees back to the office, but those plans have come Read More

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