Economy - Global Business Magazine

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EXCLUSIVE Global carmakers now target $515 billion for EVs, batteries

Global Business Magazine November 10, 2021

Global automakers are planning to spend more than half a trillion dollars on electric vehicles and batteries through 2030, according to a Reuters Read More

Business Economy Featured News Technology World

NASA, SpaceX set to launch space station’s next crew to orbit

Global Business Magazine November 10, 2021

Elon Musk's private rocket company, SpaceX, was due to launch four more astronauts to the International Space Station for NASA on Wednesday, Read More

Business Economy Featured Finance News World

Dollar rises as U.S. inflation goes beyond expectations

Global Business Magazine November 10, 2021

The dollar rose against major peers on Wednesday, ending three days of weakness, after U.S. consumer prices surged to their highest Read More

Business Economy Featured News World

Oil prices slip ahead of U.S. inventory report

Global Business Magazine November 10, 2021

Oil prices slipped after early gains on Wednesday, though a potential drop in U.S. crude stocks and tighter supplies capped losses.Read More

Business Economy Featured Finance News Technology World

Bitcoin, ether scale new peaks as flows pour in to crypto

Global Business Magazine November 9, 2021

Bitcoin and ether made record peaks in Asia trade on Tuesday, with enthusiasm for cryptocurrency adoption and worry about inflation driving momentum Read More

Business Economy Featured Finance News World

Saudi Q3 GDP growth at 6.8%, highest since 2012

Global Business Magazine November 9, 2021

Saudi Arabia's economy grew 6.8% in the third quarter from a year earlier, the fastest expansion since 2012, official data showed on Tuesday, as Read More

Business Economy Featured Finance News World

Abu Dhabi’s stock exchange submits SPAC framework proposal -statement

Global Business Magazine November 9, 2021

Abu Dhabi has proposed a regulatory framework to allow the listing of blank-cheque companies, potentially opening the door to a slew of Read More

Business Economy Featured News World

Demand for office space in Riyadh rises after HQ ultimatum

Global Business Magazine November 9, 2021

Demand for high-quality offices in Riyadh has increased after Saudi Arabia said foreign firms should move their regional headquarters there to be Read More