World Economic Magazine - World Economic Magazine

NatWest earnings soar but rising prices bite

British bank NatWest (NWG.L) swung to a hefty profit on the back of the country's economic recovery but said rising prices will…

5 years ago

Morning Bid: A break in the storm clouds

Markets breathed a sigh of relief after the U.S. Secretary of State Antony Blinken agreed to a meeting with Russia's…

5 years ago

Australian state sets minimum pay for Amazon contractors in landmark step

Australia's New South Wales state ordered employers of freelance delivery drivers such as Amazon.com Inc to pay a minimum rate,…

5 years ago

Orange sees return to core profit growth in 2022

Orange (ORAN.PA), France's biggest telecoms operator, expects a return to core profit growth in 2022 after lower returns from co-financing deals…

5 years ago

StanChart bets on rate hikes to hit lofty goals as profit disappoints

Standard Chartered (STAN.L) has raised its core profitability goals and promised shareholders extra payouts, despite full year profit undershooting expectations, as it…

5 years ago

Air France-KLM to seek up to 4 bln euros to repay state aid, shares sink

Air France-KLM (AIRF.PA) plans to raise up to 4 billion euros ($4.6 billion) as it seeks to repay state pandemic handouts, the…

5 years ago

IBM spinoff Kyndryl signs ‘beachhead’ networking deal with Nokia

Kyndryl (KD.N), the former infrastructure services business of IBM (IBM.N), signed a deal with Nokia (NOKIA.HE) to help automate factories by bringing in cloud…

5 years ago

Analysis: UAE corporate tax may dilute competitive edge, as Saudi Arabia steps up

The United Arab Emirates' plans for a corporate tax risk eroding one of its main attractions as the Gulf's premier…

5 years ago

LIC’s looming IPO weighs on India insurer shares, investors say

Next month's mammoth stock market debut for India's Life Insurance Corporation (LIC) has battered shares in other insurers as investors…

5 years ago

Software firm Palantir boosts revenue view on commercial strength

Palantir Technologies (PLTR.N) forecast current-quarter sales above estimates on Thursday, after a steady flow of government contracts and a growing commercial portfolio…

5 years ago