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Oil market headed for surplus as Omicron impact muted -IEA

Global Business Magazine January 19, 2022

Oil supply will soon overtake demand as some producers are set to pump at or above all-time highs, the International Energy Agency (Read More

Business Economy News Omicron World

Analysis: With Omicron, global economy spots chance to push past

Global Business Magazine January 18, 2022

Governments worldwide are easing quarantine rules, reviewing coronavirus curbs and dialling back pandemic-era emergency support as they bid to launch their economies 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

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

Banking News World

Bank of England tells banks to preserve access to cash

Global Business Magazine December 15, 2021

The Bank of England has told top banks to spell out by March how they will keep enough cash in circulation as Read More

Finance News World

Aussie and kiwi slide, yen up on Moderna CEO’s Omicron

Global Business Magazine November 30, 2021

Risk-sensitive currencies slid and safe havens gained in the Asian afternoon on Tuesday, reversing direction after Moderna's CEO said COVID-19 vaccines are Read More