World Economic Magazine - World Economic Magazine

EXCLUSIVE Foxconn India iPhone plant extends closure, workers’ hostels inspected

A Foxconn (2317.TW) iPhone factory in India at the centre of a mass food-poisoning incident will extend a week-long closure by an…

5 years ago

Credit Suisse may take legal action against SoftBank over Greensill debt -court document

Credit Suisse is seeking information through the U.S. courts which could lead to it taking legal action in Britain against…

5 years ago

World economy to top $100 trillion in 2022 for first time: report

The world's economic output will exceed $100 trillion for the first time next year and it will take China a…

5 years ago

U.S. Supreme Court to take up Biden vaccine mandate cases

The U.S. Supreme Court agreed on Wednesday to take up disputes over the Biden administration's nationwide vaccine-or-testing COVID-19 mandate for…

5 years ago

UK businesses report weakest growth since last lockdown – CBI

British businesses have reported their weakest growth since the country was under lockdown earlier this year and they expect a…

5 years ago

Japan raises FY2022 GDP growth estimate amid risks to outlook

Japan upgraded on Thursday its growth projections for the next fiscal year starting in April, saying it expected gross domestic…

5 years ago

Japan to unveil record $943 bln budget draft to ensure post-COVID recovery

Japan's government is set to unveil its largest annual budget on Friday with $943 billion in spending for the fiscal…

5 years ago

Tencent hands shareholders $16.4 bln windfall in the form of JD.com stake

Chinese gaming and social media company Tencent (0700.HK) will pay out a $16.4 billion dividend by distributing most of its JD.com (9618.HK) stake, weakening…

5 years ago

Analysis: After another stunning U.S. stock market year, investors wonder how much gas is left

The U.S. stock market is set to deliver a three-peat of stellar annual returns, but chances of a similar performance…

5 years ago

Analysis: ‘Hands off’: Why some U.S. investors are pulling meme stocks from brokerages

Jose Castillo pulled his $60,000 worth of GameStop Corp (GME.N) shares from his brokerage last summer, even though he had no intention…

5 years ago