Business - Global Business Magazine

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

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

Banking News World

EXCLUSIVE UBS in talks with China Life for China asset management JV-sources

Global Business Magazine December 16, 2021

UBS Group AG (UBSG.S) is in talks with China Life Insurance Group to launch an asset management joint venture in China, Read More

News Technology World

SenseTime plans Hong Kong IPO relaunch Monday

Global Business Magazine December 16, 2021

Chinese artificial intelligence startup SenseTime Group (0020.HK) plans to keep its Hong Kong initial public offering (IPO) at $767 million as it considers Read More

Business Economy News World

Euro zone business growth slipped in December as Omicron rose

Global Business Magazine December 16, 2021

Euro zone business growth slowed more than expected this month as renewed restrictions imposed to curb the Omicron coronavirus variant curtailed the Read More

Banking News World

Swiss National Bank sticks to loose policy, diverging from Fed and others

Global Business Magazine December 16, 2021

The Swiss National Bank stuck to its ultra-loose monetary policy on Thursday, diverging from the tightening path being taken by a growing Read More

Business Economy News World

Company climate disclosures jump in 2021 as board pressure builds

Global Business Magazine December 15, 2021

The number of companies sharing climate data with CDP, the world's leading disclosure platform, jumped by nearly 40% over the last year as Read More

Business Economy News World

India’s Reliance eyes first oil cargo from UAE trade arm in Dec -source

Global Business Magazine December 15, 2021

India's Reliance Industries Ltd (RELI.NS), operator of the world's biggest refining complex at Jamnagar in Western India, aims to get the Read More

Banking News World

Banks and asset managers expect operating in China, Hong Kong to get harder

Global Business Magazine December 15, 2021

Financial institutions think business conditions in Hong Kong and mainland China will deteriorate in the coming years, although they plan to keep Read More

Banking News World

Bank of England tells banks to preserve access to cash

Global Business Magazine December 15, 2021

The Bank of England has told top banks to spell out by March how they will keep enough cash in circulation as Read More

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