globalbizmag.com - Global Business Magazine

Meta’s shock share price drop shakes world tech

Global Business Magazine February 3, 2022

Shares in Facebook owner Meta (FB.O) fell 20% in U.S. premarket trade on Thursday after the social media giant issued a Read More

Business COVID-19 News World

Euro zone business growth lost more momentum in Jan as Omicron hit demand

Global Business Magazine February 3, 2022

Euro zone economic growth lost more momentum in January as the bloc's dominant services industry suffered from subdued demand amid tighter restrictions Read More

Banking News World

ING shares dip 4% after earnings; provisions rise on inflation worries

Global Business Magazine February 3, 2022

ING Groep NV (INGA.AS) reported higher-than-expected provisions in its fourth quarter earnings report on Thursday, as the largest Dutch bank braced Read More

Business Economy News Oil & Gas

Oil prices take a breather, OPEC+ sticks to output plans

Global Business Magazine February 3, 2022

Oil prices eased on Thursday following weak U.S. payrolls data and some profit-taking, but remained underpinned by tight supply as OPEC+ Read More

Business Economy News Oil & Gas Regional

Saudi non-oil private sector January growth slows amid Omicron surge – PMI

Global Business Magazine February 3, 2022

Growth in Saudi Arabia's non-oil private economy slipped again in January, falling to its slowest expansion rate since September amid a sharp Read More

Banking News World

Banks open fixed income front in Europe’s data price battle

Global Business Magazine February 3, 2022

The price of bond market data has risen by half over the past five years, which could prompt some users to quit Read More

Banking News World

ECB on hold but may acknowledge inflation risks

Global Business Magazine February 3, 2022

The European Central Bank is all but certain to keep policy unchanged on Thursday but could acknowledge that inflation could stay high Read More

Business News Oil & Gas Regional

UAE non-oil private sector growth slows in January as COVID restricts demand – PMI

Global Business Magazine February 3, 2022

The United Arab Emirates' non-oil private sector growth fell in January to its slowest in six months despite notching a 14th straight Read More

Insurance COVID-19 Finance News World

Insurer MetLife’s quarterly profit beats on higher investment gains

Global Business Magazine February 3, 2022

MetLife Inc's (MET.N) fourth-quarter profit rose nearly 7% to surpass Wall Street estimates on Wednesday, as strong investment gains cushioned the hit Read More

Banking News World

Bank of Canada head says it is unclear how quickly inflation will drop

Global Business Magazine February 3, 2022

Bank of Canada Governor Tiff Macklem said on Wednesday there was uncertainty about how quickly inflation would come back down into the Read More

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