World Economic Magazine

Exclusive: Nord Stream 2 owner considers insolvency after sanctions

The Swiss-based company which built the Nord Stream 2 gas pipeline from Russia to Germany is considering filing for insolvency,…

5 years ago

Scotland’s digital technologies body focuses on eLearning

Commissioned from, and written by, Wendy Edie, Managing Director of Scotland’s leading digital learning and assessment developer, eCom Scotland, the…

5 years ago

Predictions of a disruption in Russia’s energy sector, have pushed up oil prices

Analysts believe that sanctions and the migration of Western oil corporations will have an immediate impact on Russian oil production.

5 years ago

Bank of Ireland posts highest profit in more than a decade

Bank of Ireland (BIRG.I) on Monday posted its biggest annual profit since the global financial crisis more than a decade ago and…

5 years ago

Russia’s Sberbank in Europe faces closure after savers demand money

The European arm of Sberbank (SBER.MM) , Russia's biggest lender, faces failure, the European Central Bank (ECB) warned on Monday, after a…

5 years ago

Panasonic to begin mass producing new Tesla battery by end-March 2024

Panasonic Corp (6752.T) said on Monday it will begin mass production of a new lithium-ion battery for Tesla Inc (TSLA.O) before the end of…

5 years ago

Alibaba reports slowest revenue growth since going public as competition bites

Chinese e-commerce giant Alibaba Group Holding Ltd (9988.HK), reported on Thursday its slowest quarterly revenue growth since going public in 2014,…

5 years ago

Central banks seen enhancing liquidity after SWIFT ban – Credit Suisse strategist

The banning of certain Russian banks from the SWIFT international payment system could push central banks to enhance liquidity to…

5 years ago

Russia hikes rate to 20% in emergency move, tells companies to sell FX

The Russian central bank raised its key interest rate to 20% from 9.5% on Monday in an emergency move, and…

5 years ago

Russia hikes rates, introduces capital controls to defend against sanctions

Russia's central bank more than doubled its key policy rate on Monday and introduced some capital controls as it scrambled…

5 years ago