World Economic Magazine

German industry expects economy to grow by 3.5% in 2022

Germany's BDI industry association said on Thursday it expected Europe's largest economy to grow 3.5% this year, giving a more…

5 years ago

U.S. FAA issues impact notices on 5G wireless aviation

The Federal Aviation Administration (FAA) began publishing notices early on Thursday that detailed the extent of potential impact of new…

5 years ago

Analysis: U.S. energy shares on fire again to start 2022, stoked by inflation

Shares of U.S. energy companies are soaring in the early days of 2022, driven by a shift to so-called value…

5 years ago

Malaysia says recovered 1MDB funds only enough to pay debt principal for 2022

Malaysia said on Thursday it has recovered enough funds linked to scandal-tainted state fund 1Malaysia Development Berhad (1MDB) to pay…

5 years ago

White House will meet execs from Apple, Amazon, IBM to discuss software security

The White House will meet executives from leading tech firms, including Alphabet-owned Google (GOOGL.O), Apple Inc (AAPL.O) and Amazon.com Inc , on Thursday…

5 years ago

Asia shares stumble on weak China data, U.S. dollar heavy

Asian shares were dragged lower by weakness in Chinese economic data on Thursday although investors seemed relieved that U.S. inflation…

5 years ago

Analysis: After U.S. bank stock surge, options traders brace for earnings-fueled volatility

Bank stocks have rallied in recent weeks, but a pick-up in hedging on a key financial sector exchange-traded fund may…

5 years ago

Exclusive: Pfizer to cut U.S. sales staff as meetings with healthcare providers move to virtual

Pfizer Inc (PFE.N) said on Tuesday it is reducing its U.S. sales staff as it expects doctors and other healthcare providers to…

5 years ago

France’s OVHcloud picks up speed in Q1, on track for 2022 targets

French cloud computing company OVHcloud (OVH.PA) reported on Wednesday a rise of 13.9% in its first-quarter revenue, and said it was on…

5 years ago

Bank of America, Wells Fargo scrap some overdraft fees as regulatory scrutiny grows

Wells Fargo & Co and Bank of America (BAC.N) will no longer charge customers for bouncing checks and are adopting new policies…

5 years ago