World Economic Magazine

Grab’s $40 bln Nasdaq debut to set tone for Southeast Asian tech listings

Grab, Southeast Asia's biggest ride-hailing and delivery firm, makes its market debut on Thursday after a record $40 billion merger…

5 years ago

Barclays, RBS, HSBC, Credit Suisse fined 344 mln euros for forex cartel

European Union antitrust regulators fined Barclays (BARC.L), Credit Suisse (CSGN.S), HSBC (HSBA.L) and RBS (NWG.L) a total of 344 million euros ($390 million) on Thursday for…

5 years ago

Analysis: White House delay on Fed regulation chief bodes badly for bank M&A

The White House's delay in nominating the Federal Reserve's new regulatory chief is likely to compound a logjam in approving…

5 years ago

U.S., Germany plan new restrictions as Omicron rattles investors

The United States and Germany joined countries around the globe planning stricter COVID-19 restrictions on Thursday as the new Omicron…

5 years ago

Apple tells suppliers demand for iPhone 13 lineup has weakened – Bloomberg News

Apple Inc (AAPL.O) has told its parts suppliers that demand for the iPhone 13 lineup has slowed, Bloomberg News reported on Wednesday, citing people…

5 years ago

China’s Kaisa struggles for relief from bond holders as default risk looms

Chinese developer Kaisa Group Holdings Ltd (1638.HK) is unlikely to win bondholders' approval to extend the maturity of a $400 million bond…

5 years ago

Asian shares tick up but Omicron worries leave markets on edge

Asian shares edged higher in choppy trading on Thursday, helped by advances in Chinese real estate shares, though fears about…

5 years ago

Qualcomm leans into cameras, gaming with new flagship smartphone chip

Qualcomm Inc (QCOM.O) on Tuesday released its new top-tier smartphone chip aimed at premium-priced Android phones with features like sharper photos and…

5 years ago

Analysis: KKR’s Telecom Italia approach may call time on Italy discount

A $12 billion takeover proposal for Telecom Italia by private equity giant KKR has highlighted an 'Italian discount', which a…

5 years ago

UBS appoints JP Morgan Chase executive Youngwood as group CFO

UBS (UBSG.S) has recruited former JP Morgan Chase executive Sarah Youngwood as its group chief financial officer, the Swiss bank said on…

5 years ago