World Economic Magazine

Ryanair posts quarterly loss but says fares could rise this summer

Ryanair (RYA.I) reported a loss of 96 million euros ($107 million) for the final three months of 2021 but said it was…

5 years ago

Stocks rebound but head for worst January since 2016

Stocks staged a modest rebound on Monday as traders put aside concerns about inflation and the crisis in Ukraine to…

5 years ago

Caixabank Q4 profit hit by lending income slide

Lower lending income contributed to a 52% drop in net recurring profit at Spain's Caixabank (CABK.MC) in the fourth quarter, along with…

5 years ago

Italy’s UniCredit beats profit forecasts and drops Russian deal

Italian bank UniCredit (CRDI.MI) posted better than expected 2021 results on Friday as the push by new Chief Executive Andrea Orcel to…

5 years ago

Shell’s renewables boss steps down after less than two years

Shell's (RDSa.L) head of renewable energies Elisabeth Brinton has stepped down less than two years after taking the reins of the business…

5 years ago

India’s Ather targets 1 million electric scooters a year as demand soars

Ather Energy, India's top electric scooter maker by revenue, is raising funds to ramp up annual production to one million…

5 years ago

Chevron kicks off oil industry’s fourth quarter results with a miss

Chevron Corp (CVX.N) on Friday reported a fourth quarter profit that missed Wall Street estimates despite sharply higher oil and gas prices.

5 years ago

Meme stock hangover: a year after GameStop, traders face gloomier markets

The mood has shifted dramatically a year since a spectacular rally in shares of GameStop (GME.N) captivated Wall Street, launching a mania…

5 years ago

AirAsia changes name to Capital A as it grows beyond an airline

Malaysia's AirAsia Group Bhd (AIRA.KL) said on Friday it had changed its name to Capital A Bhd to reflect its growing portfolio…

5 years ago

EXCLUSIVE China securities regulator met foreign banks to soothe economic concerns

The China Securities and Regulatory Commission (CSRC) met this week with executives at top western banks and asset managers to…

5 years ago