World Economic Magazine - World Economic Magazine

JPMorgan’s Dimon warns of possible $1 billion Russia loss

JPMorgan (JPM.N) could lose about $1 billion on its Russia exposure, Chief Executive Jamie Dimon said on Monday, detailing the extent of…

5 years ago

Oil extends rally on prospect of more Russia sanctions

Oil prices rose on Tuesday as the United States and Europe planned new sanctions to punish Russia over alleged war…

5 years ago

U.S. stops Russian bond payments, raising pressure on Moscow

The United States stopped the Russian government on Monday from paying holders of its sovereign debt more than $600 million…

5 years ago

Exxon signals record quarterly profit from oil and gas prices

Exxon Mobil Corp (XOM.N) on Monday signaled first quarter production results could top a seven-year quarterly record, with operating profits from pumping…

5 years ago

Nearly half of crypto owners first bought digital assets in 2021, survey shows

Almost half of all cryptocurrency owners in the United States, Latin America and Asia Pacific purchased the digital assets for…

5 years ago

Analysis: With capital markets jittery, private equity pounces to finance tech buyouts

When buyout firm Thoma Bravo LLC was seeking lenders to finance its acquisition of business software company Anaplan Inc (PLAN.N) last month,…

5 years ago

Russia maintains gas deliveries as Europe considers fresh sanctions

Russia maintained gas flows through key pipeline routes into Europe on Monday, despite uncertainty over payment terms and as European…

5 years ago

Oil prices fall after truce in Middle East conflict, petroleum reserve news

Oil prices fell at the start of Asian trade on Sunday, after the United Arab Emirates and the Iran-aligned Houthi…

5 years ago

Five key takeaways from Jamie Dimon’s letter to JPMorgan’s investors

Jamie Dimon, CEO of JPMorgan Chase & Co (JPM.N), published his closely watched annual letter to shareholders on Monday, covering critical…

5 years ago

Indonesia to impose VAT, income tax on crypto assets from May

Indonesia plans to charge value-added tax (VAT) on crypto asset transactions and an income tax on capital gains from such…

5 years ago