World Economic Magazine

Euro zone inflation hits yet another record high after big jump

Euro zone inflation rose to another record high in July and its peak could still be months away, keeping pressure…

4 years ago

China’s ‘common prosperity’ drive slashes pay and perks for investment bankers

China's well-heeled financial dealmakers are getting a crash course in austerity with pay cuts and perks reined in, as their…

4 years ago

‘Recession is in the air’: German economy stagnates in 2nd quarter

The German economy stagnated in the second quarter, data showed on Friday, with the war in Ukraine, the pandemic and…

4 years ago

Oil prices pushed up by low chances of OPEC+ supply boost

Oil prices rose in European trading on Friday as attention turned to next week's OPEC+ meeting and expectations that it…

4 years ago

Leading Trends Affecting the Energy & Utilities Sector

The Energy and Utilities (E&U) industry has done a good job of aligning itself at an elevated level of technological…

4 years ago

Japan gives Kioxia and Western Digital $680 million to boost memory chip production

Japan's government on Tuesday said it will provide as much as 92.9 billion yen ($680 million) to Kioxia Holdings and…

4 years ago

Cryptoverse: What crisis? Venture capitalists bet big on crypto

Even as the crypto sector shivers in the bleak winter, venture capitalists are pouring money into digital currency and blockchain…

4 years ago

Alibaba aims to add primary listing in Hong Kong, woo China investors after crackdown

Alibaba (9988.HK) plans to add a primary listing in Hong Kong to its New York presence, targeting investors in mainland China as…

4 years ago

Analysis: U.S. LNG exports to Europe on track to surpass Biden promise

When U.S. President Joe Biden promised European leaders in March that he would help secure new supplies of liquefied natural…

4 years ago

Russian gas cut to Europe hits economic hopes, Ukraine reports attacks on coastal regions

Russia said it will cut gas supplies to Europe from Wednesday in a blow to countries that have backed Ukraine,…

4 years ago