World Economic Magazine

KKR makes $12 billion approach to take Telecom Italia private

Telecom Italia (TIM) (TLIT.MI) has received a 10.8 billion euro ($12 billion) approach from U.S. fund KKR (KKR.N) aimed at taking Italy's biggest phone…

5 years ago

Oil and euro slip, markets on edge over COVID-19 curbs in Europe

Asian stocks made a soft start to the week on Monday while oil and the euro were under pressure, as…

5 years ago

In 2022, global crude oil prices are expected to fall!

Since the third quarter of 2020, global demand for crude oil and petroleum products has outpaced supply, resulting in lower…

5 years ago

Analysis: How Banks all over the world are facing challenges!

The world has changed dramatically since the pandemic or Covid-19 outbreak. The entire process of living has changed, as has…

5 years ago

Water, sanitation and hygiene key to Pacific’s ongoing COVID-19 strategy

COVID-19 has forced Pacific island nations to close borders to prevent the disease’s entry.

5 years ago

MediaTek eyes premium Android phone market with new 5G chip

Chip designer MediaTek Inc (2454.TW) on Thursday released a new 5G smartphone chip that it hopes will be used in premium-priced Android…

5 years ago

Alibaba slashes sales outlook as competition bites, demand slows

Chinese e-commerce giant Alibaba Group Holding Ltd (9988.HK), slashed its forecast for annual revenue growth on increased competition and a regulatory…

5 years ago

Blackstone makes sweetened $6.2 bln play for Australia’s Crown

Investment giant Blackstone Group Inc (BX.N) made a $6.2 billion approach for troubled Australian casino firm Crown Resorts Ltd (CWN.AX), sweetening an earlier…

5 years ago

Asia sits out equities rally as Alibaba slides

Asian shares sat out a global rally on Friday as disappointing earnings from Chinese e-commerce giant Alibaba reinforced worry about…

5 years ago

Nvidia forecasts upbeat revenue on metaverse hopes

Nvidia Corp (NVDA.O) forecast fourth-quarter revenue above analysts' expectations on Wednesday, betting on growth in its data center business as more internet…

5 years ago