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EXCLUSIVE Brazil central bank puts brakes on tougher rules for fintechs, sources say

Global Business Magazine December 22, 2021

Brazil's central bank has put the brakes on tougher regulations for the burgeoning fintech industry, withdrawing a draft proposal that had been Read More

Business Finance News World

Most Gulf bourses rise despite Omicron concerns

Global Business Magazine December 22, 2021

Most stock markets in the Gulf rose in early trade on Wednesday, in line with oil prices and Asian shares, despite the Read More

Business Economy News World

Looking past Omicron

Global Business Magazine December 22, 2021

While politicians fret about Omicron and more countries mull expanding social distancing measures, stock markets continue to sail higher. What's more, Wall Read More

Business Economy Featured News World

Analysis: Weak winds worsened Europe’s power crunch; utilities need better storage

Global Business Magazine December 22, 2021

Wind speeds were milder than usual in Europe this year, so windmills across the bloc generated less electricity which worsened a crunch Read More

News Technology World

BlackBerry revenue beats estimates as cybersecurity demand stays strong

Global Business Magazine December 22, 2021

BlackBerry Ltd (BB.TO), beat Wall Street estimates for third-quarter revenue on Tuesday, helped by sustained demand for its cybersecurity and Internet Read More

Business News World

Oil prices steady as Omicron caution lingers

Global Business Magazine December 22, 2021

Oil prices were steady on Wednesday as fears of tight supply were offset by COVID-19 concerns after Singapore suspended quarantine-free travel and Read More

Banking News World

Wells Fargo delays plans for employee return to office amid Omicron surge

Global Business Magazine December 22, 2021

Wells Fargo & Co said on Tuesday it has delayed its plans for employees to return to the office "given the changing external Read More

Business Economy Featured News

Sempra to sell 10% stake in unit to Abu Dhabi wealth fund for about $1.8 bln

Global Business Magazine December 22, 2021

Energy infrastructure company Sempra Energy (SRE.N) said on Tuesday it would sell a 10% stake in its business platform, Sempra Infrastructure Partners, Read More

News Technology World

Moody’s gives Apple top ‘AAA’ credit rating on growth promise

Global Business Magazine December 22, 2021

Ratings agency Moody's on Tuesday upgraded Apple Inc's (AAPL.O) long-term credit rating to 'AAA' with a stable outlook, citing the iPhone Read More

Banking News World

SoftBank to borrow $4 bln from Apollo-led group

Global Business Magazine December 22, 2021

SoftBank Group Corp (9984.T) is borrowingnearly $4 billion from a group led by private equity giant Apollo Global Management Inc (APO.N), a Read More

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