Pandemic - Global Business Magazine

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Due to the obvious new variant, the hospitality industry is in shambles!

Global Business Magazine December 1, 2021

The fear of the SARS-Cov-2 virus’s Omicron variant has caused chaos. According to sources, many people are considering canceling their reservations Read More

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Factories facing supply headaches as Omicron risks emerge

Global Business Magazine December 1, 2021

Global factory activity accelerated in November although crippling supply bottlenecks remained, putting a cap on output and driving up the cost of Read More

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Analysis: History says expect strong December for U.S. stocks, despite Omicron and Fed worries

Global Business Magazine December 1, 2021

A pileup of risks into year-end has some investors gauging whether December will continue its historical trend of a strong stock performance, Read More

Reforming global trade rules is tough but doable – WTO chief

Global Business Magazine December 1, 2021

The head of the World Trade Organization stressed the importance of reforming the global trade body to prevent further trade wars but Read More

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Haven currencies ebb with Omicron fears

Global Business Magazine December 1, 2021

Riskier currencies bounced from recent lows and safe-havens such as the yen eased against the dollar on Wednesday as traders in Asia Read More

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Euro zone inflation hits record high in likely peak

Global Business Magazine November 30, 2021

Euro zone inflation soared to its highest rate on record this month on surging energy costs, likely peaking before a slow decline Read More

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Most Gulf bourses slide on vaccine efficacy worries

Global Business Magazine November 30, 2021

Most stock markets in the Gulf wobbled lower in early trade on Tuesday, in line with subdued Asian shares and oil prices, Read More

Banking News World

Wall Street banks stick with return-to-work plans while monitoring Omicron situation

Global Business Magazine November 30, 2021

Wall Street banks are not immediately changing their U.S. return-to-work plans in response to the new COVID-19 variant, but they are Read More

Business Economy News World

Emirates warns Omicron could cause ‘significant traumas’ for aviation industry

Global Business Magazine November 30, 2021

A major hit to the peak December travel season because of the Omicron variant of the coronavirus would cause "significant traumas" in Read More

Banking News World

Brazil’s Nubank slashes IPO valuation to over $40 bln

Global Business Magazine November 30, 2021

Nubank on Tuesday cut the expected price range of its U.S. initial public offering, reducing the Brazilian online lender's targeted valuation Read More

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