Tags :Economy

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IBM, Amazon partner to extend reach of data tools for oil companies

Global Business Magazine November 15, 2021

International Business Machines Corp(IBM.N) and Amazon.com Inc's Amazon Web Services (AMZN.O)said on Monday they would work together Read More

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Israel’s Bank Hapoalim returns to pre-COVID-19 levels in Q3

Global Business Magazine November 15, 2021

Bank Hapoalim (POLI.TA) reported a higher-than-expected gain in quarterly profit on Monday and said business activity had largely returned to pre-COVID-19 Read More

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UAE says Q1 to see oil supply surplus, current shortage not unexpected

Global Business Magazine November 15, 2021

UAE Energy Minister Suhail al-Mazrouei said on Monday that all indications point to an oil supply surplus in the first quarter of 2022 Read More

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Dubai outperforms most Gulf bourses; Saudi falls

Global Business Magazine November 15, 2021

Dubai stocks rose sharply in early trade on Monday to their highest since March 2018, supported by upbeat corporate earnings, while the Saudi Read More

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European shares hit new highs, firm dollar dents oil

Global Business Magazine November 12, 2021

European shares chalked up new highs on Friday as shock from unexpectedly strong U.S. inflation data earlier in the week eased, Read More

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AstraZeneca vaccine turns profitable, drugmaker banking on new orders

Global Business Magazine November 12, 2021

AstraZeneca (AZN.L) is counting on new orders to move its COVID-19 vaccine to "modest profitability" after the shot made a small Read More

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Paytm’s $2.5 bln IPO mints new millionaires in India

Global Business Magazine November 12, 2021

Indian electronics engineer Siddharth Pandey will become a millionaire after the country's biggest ever public issue, but he says he had to Read More

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COP26 draft deal treads fine line to spur climate action

Global Business Magazine November 12, 2021

A new draft agreement for the U.N. climate conference in Glasgow on Friday presses countries to be more ambitious in their Read More

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Dollar climbs for a 3rd day as short-end U.S. yields rise

Global Business Magazine November 12, 2021

The dollar tiptoed higher for a 3rd consecutive day on Friday since a surprisingly strong U.S. inflation print shocked markets and Read More

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Green investors say transportation pledges hinge on tech advances

Global Business Magazine November 11, 2021

Environmentally minded investors praised carbon-cutting pledges by major transportation companies and governments announced at the U.N. climate summit on Wednesday but Read More

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