World Economic Magazine

Exclusive: New York pension fund to divest half its shale companies

New York's state pension fund will sell $238 million worth of stock and debt it holds across 21 shale oil…

5 years ago

Analysis: Investors eye uncharted waters as quantitative tightening looms in Canada

As the Bank of Canada prepares to shrink its bloated balance sheet, investors say the move could enable expected interest…

5 years ago

Explainer: Europe’s banks fear payment system could be casualty of Russia-Ukraine crisis

Amid fears of a Russian invasion of Ukraine, Italy's UniCredit has backed out of a potential acquisition in Russia and…

5 years ago

ECB could raise rates in 2022, new Bundesbank chief says

The European Central Bank could raise interest rates this year as high inflation is proving more persistent than once thought,…

5 years ago

Bunge quarterly profit rises 17% on agribusiness boost

Global farm commodities trader Bunge Ltd (BG.N) reported a 17.1% rise in fourth-quarter adjusted profit on Wednesday as large oilseed crops in…

5 years ago

Exclusive: Treasury wants to stir up U.S. alcohol market to help smaller players

The U.S. Treasury Department on Wednesday flagged concerns about consolidation in the $250 billion annual U.S. alcohol market and outlined…

5 years ago

GSK sees sales growth in 2022 after quarterly beat, prepares for spin-off

Britain's GSK (GSK.L) forecast growth in 2022 after racking up 1.4 billion pounds ($1.9 billion) in COVID-related sales in 2021, beating quarterly…

5 years ago

Greece’s fledgling tech scene starts to take off

After years in which Greece was almost as well known for its financial woes as it was for its beaches,…

5 years ago

ICU – Ukrainian Financial Group Launches the First Ever Mobile Trading Application in the Country

ICU (Investment Capital Ukraine) has become the first Financial Group in Ukraine to introduce a mobile application for trading government…

5 years ago

EXCLUSIVE U.S. weighs Chevron request to take Venezuela oil for debt payments -sources

The Biden administration is considering a Chevron Corp (CVX.N) proposal to allow the U.S. oil major to accept and trade…

5 years ago