Ukraine crisis - Global Business Magazine

Oil firms on tight supply as U.S. driving season looms

Global Business Magazine May 23, 2022

Oil prices gained on Monday with U.S. fuel demand, tight supply and a slightly weaker U.S. dollar supporting the market, Read More

Banking Featured News Regional

Egypt’s efforts to attract FDI suffers setback due to Russia-Ukraine conflict

Global Business Magazine April 25, 2022

When the UAE-based First Abu Dhabi Bank (FAB) withdrew its offer to buy the Egyptian investment bank EFG Hermes, it only indicated Read More

Business News World

Morning Bid: More of the same

Global Business Magazine April 20, 2022

Many recent trends seem to be accelerating across financial markets this morning with notably the dollar climbing to a fresh two-decade peak Read More

Energy Featured News World

South Korea releases 7.23 million barrels of SPRs to control oil prices

Global Business Magazine April 12, 2022

South Korea has decided to release record 7.23 million barrels of Strategic Petroleum Reserves (SPRs) in addition to its recent commitment of 4.42 million Read More

Energy News Regional

UAE, Saudi say OPEC+ should not play politics

Global Business Magazine March 29, 2022

The energy ministers of Saudia Arabia and the United Arab Emirates, key members of OPEC+, said on Tuesday the producers' group should Read More

Energy News Oil & Gas World

Oil prices fall, continuing downward trend from last week

Global Business Magazine March 14, 2022

Oil prices fell on Sunday at the start of the session, extending last week's decline, as a U.S. official said Russia Read More

Finance News World

Gold, palladium retreat from highs as risky assets stabilize

Global Business Magazine March 9, 2022

Gold and palladium on Wednesday hit the brakes on a blistering rally as riskier assets attempted a comeback, with analysts predicting another Read More

Business News World

Asia braces for growth hit from Ukraine-driven inflation shock

Global Business Magazine March 9, 2022

An oil-driven inflation shock triggered by the war in Ukraine is forcing Asia's policymakers to rethink their assumptions for 2022, with the risks Read More