covid-19 - Global Business Magazine

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

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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

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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

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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

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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

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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

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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

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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

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