World Economic Magazine

Nasdaq profits top Wall Street views as software services rise

Nasdaq Inc (NDAQ.O) on Wednesday reported quarterly profits that beat Wall Street expectations, as traders turned to the exchange operator's investment-related products…

4 years ago

Exclusive: Citi, Raiffeisen, other foreign banks seek staff in Russia as they struggle to exit

Russian divisions of foreign banks, such as Citi and Raiffeisen Bank International (RBIV.VI), have started looking for staff this month after…

4 years ago

Explainer: How will Rogers’ C$20 bln contested bid for Shaw play out

Rogers Communications (RCIb.TO) faces a tough antitrust regulator and a July 31 deadline to close its C$20 billion ($15.5 billion) acquisition of…

4 years ago

HSBC confirms staff in China unit set up branch of Chinese Communist Party

HSBC Holdings Plc said employees had formed a branch of the Chinese Communist Party (CCP) within its securities brokerage unit…

4 years ago

Russia resumes gas flows via Nord Stream, Europe still wary

Russia resumed pumping gas via its biggest pipeline to Europe on Thursday after a 10-day outage, the operator said, allaying…

4 years ago

Baidu unveils autonomous vehicle without steering wheel

China's search engine giant Baidu Inc on Thursday unveiled its new autonomous vehicle (AV) with a detachable steering wheel, with…

4 years ago

ECB to join rate hike club with big move under discussion

The European Central Bank will raise interest rates for the first time in 11 years on Thursday with a bigger-than-flagged…

4 years ago

Google yet to sign up to Indonesia’s new licensing rules – ministry

Google was among the last remaining tech platforms yet to comply with Indonesia's new licensing rules on Wednesday, ministry data…

4 years ago

Malaysia Airlines nears deal for Airbus A330neos – sources

Malaysia Airlines is nearing a deal for Airbus SE (AIR.PA) A330neos to replace its fleet of 21 earlier-model A330s, two sources familiar…

4 years ago

Euro holds near 2-week high, awaits ECB and Nordstream clarity

The euro held near two-week highs versus the dollar on Wednesday on expectations of a bigger ECB interest rate increase…

4 years ago