World Economic Magazine

CBI cuts UK economic growth forecasts on supply chain hit

Britain's economy looks set to grow more slowly than previously thought this year and in 2023 due to global supply…

5 years ago

Oil rebounds above $71 on Omicron hopes, Iran talks

Oil rose by more than $1 a barrel to above $71 on Monday as hopes that the Omicron coronavirus variant…

5 years ago

Toshiba walked away from potential buyout talks and Brookfield offer -sources

Japan's Toshiba Corp (6502.T) walked away from potential private equity buyout offers at a substantial premium, as well as advanced talks for…

5 years ago

Alibaba overhauls e-commerce businesses, names new CFO

Alibaba Group Holding Ltd (9988.HK) said it will reorganise its international and domestic e-commerce businesses and replace its CFO - changes that…

5 years ago

China Evergrande braces for debt deadline after doubting ability to pay

After lurching from deadline to deadline, China Evergrande Group (3333.HK) is again on the brink of default, with pessimistic comments from the…

5 years ago

Bitcoin below $50,000, at early October levels, after weekend’s battering

Bitcoin hovered around $49,000 on Monday, down 1.5% on the day, as traders nursed losses after a brutal weekend in…

5 years ago

U.S. & European stock futures rise, oil bounces

U.S. and European stocks futures moved higher on Monday as Asian markets lagged, while bonds surrendered some of their recent…

5 years ago

Exclusive: Toyota turns to Chinese tech to reach its electric holy grail

Toyota Motor Corp (7203.T) will launch an all-electric small sedan in China late next year, having turned to local partner BYD (002594.SZ) for key…

5 years ago

Welcome to the Tinderverse: Tinder’s CEO talks metaverse, virtual currency

Dating app Tinder is exploring how to blur the boundaries between offline and online worlds, CEO Renate Nyborg said in…

5 years ago

Google delays mandatory return to office beyond Jan. 10

Alphabet Inc's (GOOGL.O) Google said on Thursday it is indefinitely pushing back its January return-to-office plan globally amid growing concerns over the…

5 years ago