World Economic Magazine

Proposed China investment curb by U.S. sparks debate among chipmakers

Chipmakers are divided over how aggressively to oppose a legislative proposal that would give the U.S. government sweeping new powers…

4 years ago

PayPal shares rise despite cut in annual profit view

PayPal Holdings Inc (PYPL.O) shares traded higher Wednesday even after the company lowered its full-year profit outlook, signaling that payments volumes could…

4 years ago

India stands by social-media demands as Musk moves on Twitter

India has reiterated its position on social-media accountability in response to Elon Musk's pending takeover of Twitter, saying platforms must…

4 years ago

Analysis: China struggles for options as COVID threatens economic goals

China's policymakers are struggling to find ways to ward off an economic slowdown that threatens job losses in a politically…

4 years ago

Exxon declares force majeure on Russian Sakhalin-1 operations

Exxon Mobil Corp (XOM.N) said on Wednesday its Russian unit Exxon Neftegas Ltd has declared force majeure for its Sakhalin-1 operations due…

4 years ago

Temasek-backed oil rig builders agree $6.3 bln merger amid sector downturn

Singapore's Sembcorp Marine (Sembmarine) (SCMN.SI) has agreed to a S$8.7 billion ($6.29 billion) merger with Keppel Corp's (KPLM.SI) larger offshore and marine unit, a…

4 years ago

With inflation, gold notes and cards find their way into America’s wallet

With inflation running at its highest levels in four decades, Utah business owner Steve Allred is concerned about the declining…

4 years ago

PepsiCo raises revenue forecast on boost from price increases

PepsiCo Inc (PEP.O) beat estimates for quarterly revenue on Tuesday and raised its full-year forecast on steady demand for its sodas and…

4 years ago

Cryptoverse: Ether prepares for epic ‘merge’ in quest to eclipse bitcoin

Ether has promised to do better. It has promised to go to the next level, edging out crypto rivals and…

4 years ago

IMF warns of ‘stagflationary’ risks in Asia, cuts growth outlook

The Asian region faces a "stagflationary" outlook, a senior International Monetary Fund (IMF) official warned on Tuesday, citing the Ukraine…

4 years ago