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Oil prices shrug off Omicron slump, soar to 2-month highs

Global Business Magazine January 12, 2022

Oil prices hit two-month highs on Wednesday on tight supply and easing concerns about the potential hit to demand from the Omicron Read More

Business Finance News World

Futures rise ahead of Fed Chair Powell’s testimony

Global Business Magazine January 11, 2022

U.S. stock index futures rose on Tuesday as investors picked up beaten-down stocks ahead of Federal Reserve Chair Jerome Powell's testimony Read More

Business Economy News World

Gloomy outlook for global recovery, World Economic Forum survey finds

Global Business Magazine January 11, 2022

Only one in 10 World Economic Forum members surveyed expects the global recovery to accelerate over the next three years, a poll of Read More

Finance News Technology World

Costa Rica hydro plant gets new lease on life from crypto mining

Global Business Magazine January 11, 2022

A small river in the middle of coffee plantations, sugar cane fields and a forest provides energy to a hydroelectric power plant Read More

Business Finance News World

Stocks rebound as traders buy back in before Fed testimony

Global Business Magazine January 11, 2022

Global stocks recovered some of their recent losses on Tuesday and government bond yields retreated as investors bought back into riskier assets Read More

News Technology World

Cryptocurrencies post record outflows in first week of 2022 -CoinShares

Global Business Magazine January 11, 2022

Cryptocurrency investment products and funds had net outflows last week totaling a record $207 million, a report from digital asset manager CoinShares showed Read More

Banking News World

Cerberus cuts Deutsche Bank，Commerzbank stakes in $500 mln share sale

Global Business Magazine January 11, 2022

U.S. financial investor Cerberus (CBS.UL), which has favoured a merger of Deutsche Bank (DBKGn.DE) and Commerzbank (CBKG.DE) in Read More

Business Economy News World

Oil rises to $82 as demand recovery seen on track

Global Business Magazine January 11, 2022

Oil rose to around $82 a barrel on Tuesday, supported by tight supply and hopes that rising coronavirus cases and the spread of Read More

News Omicron Technology World

Meta delays office reopening, mandates booster shots for returning workers

Global Business Magazine January 11, 2022

Facebook parent Meta Platforms (FB.O) has delayed its U.S. office reopening date and mandated COVID-19 booster shots for employees returning Read More

Banking News World

GM launches new credit card with Goldman Sachs

Global Business Magazine January 11, 2022

General Motors Co (GM.N) on Monday launched a credit card with Goldman Sachs Group Inc (GS.N) and revamped its rewards Read More

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