Finance - Global Business Magazine

Dollar on back foot as Treasury yields soften, Omicron keeps

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

Banking News World

Bank of Montreal expands U.S. presence with $16 bln purchase

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 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

Banking Business Economy News World

World indices fall ahead of US Central Bank meeting

Global Business Magazine December 15, 2021

Global shares fell on Tuesday and the U.S. dollar rose again as investors held their breath ahead of the update on Read More

Business Economy Finance News

Most Gulf bourses gain as Omicron concerns wane

Global Business Magazine December 9, 2021

Most stock markets in the Gulf climbed on Thursday, in line with rising oil prices following positive comments from vaccine makers about Read More

Banking News World

UniCredit to pay out $18 billion to investors under new

Global Business Magazine December 9, 2021

New UniCredit (CRDI.MI)Chief Executive Andrea Orcelsurprised investors by pledging to return at least 16 billion euros ($18 billion) under a new strategy Read More

Business Finance News World

EXCLUSIVE Canada’s CPP Investments seeks to sell insurance groups in

Global Business Magazine December 9, 2021

Canada Pension Plan Investment Board (CPP Investments) is seeking to sell its Wilton Re and Ascot Group insurance platforms, marking a strategic Read More

Business Finance News World

Saudi bourse has 50 IPO applications for 2022, considers SPAC

Global Business Magazine December 8, 2021

Saudi Arabia's stock exchange has 50 applications from companies for initial public offerings (IPOs) next year and is considering whether to allow blank-cheque Read More