World Economic Magazine

BP expects to pay up to 1 bln pounds in UK taxes in 2022

BP (BP.L) said on Tuesday it expected to pay up to 1 billion pounds ($1.25 billion) in taxes in Britain on its…

4 years ago

Cryptoverse: Venture capitalists catch crypto fever

Venture capital is making a big move on crypto in 2022.

4 years ago

Exclusive: Nigeria buys emergency Canadian potash to replace lost Russian supply

Nigeria had to buy emergency supplies of Canadian potash in April after the country was unable to import the key…

4 years ago

HSBC shares rise as markets warm up to break-up proposal by top shareholder

Shares in HSBC Holdings gained on Tuesday after its largest shareholder, Chinese insurance giant Ping An (601318.SS), urged a break-up of…

4 years ago

Musk says he wants to boost Twitter use from ‘niche’ to most Americans

Tesla Inc (TSLA.O) Chief Executive Elon Musk said on Monday he wants to expand the reach of Twitter (TWTR.N) beyond the current "niche" until…

4 years ago

Stocks up, U.S. yields at 3% as markets ready for Fed hike

World stocks rose on Tuesday and U.S. 10-year Treasury yields held above 3% as investors prepared for the Federal Reserve's…

4 years ago

Brief crash hits European stocks in holiday-thinned trading

European stocks suddenly fell on Monday before partly recovering in what brokers described as a "flash crash" or an erroneous…

4 years ago

Tata, India’s electric vehicle king, takes a frugal road less travelled

To make its first electric vehicle for the consumer market, India's Tata Motors Ltd (TAMO.NS) repurposed an unused shop floor at its…

4 years ago

Dollar rises towards 20-year high, euro dips after weak data

The dollar rose back towards a 20-year high on Monday as the euro struggled around the $1.05 mark, with investors…

4 years ago

Explainer: Russia swerves to avoid default: what is next?

Russia may have averted default as it announced it had made several overdue payments in dollars on its overseas bonds,…

4 years ago