World Economic Magazine

Germany’s LEG Immobilien considers foreign expansion, merger cast-offs

German property group LEG Immobilien (LEGn.DE) is looking at expanding abroad and would also consider buying flats from Vonovia (VNAn.DE)…

5 years ago

French Q2 growth revised up to 1.1%

The French economy rebounded slightly more strongly than first thought in the second quarter as consumer spending recovered after a…

5 years ago

McDonald’s, others consider closing indoor seating amid Delta surge in U.S.

Some U.S. fast-food restaurants are closing indoor seating areas or limiting hours of operation because of the spread of the…

5 years ago

Japan’s July factory output slips as COVID-19 hits car production

Japan's industrial output shrank in July as car production took a hit from a coronavirus resurgence in Asia that has…

5 years ago

China’s economy under pressure as factory activity slows in Aug, services contract

China's businesses and the broader economy came under increasing pressure in August as factory activity expanded at a slower pace…

5 years ago

Marketmind: Who’s rocking the boat now?

From Fed boss Jerome Powell on Friday to the Cleveland Fed's Loretta Mester on Monday, the doves have been out…

5 years ago

Norwegian Air sees travel rebound ending need to seek more cash

Norwegian Air (NORR.OL) said on Tuesday it would not need to raise more cash as easing COVID-19 travel restrictions lifted bookings, although…

5 years ago

S.Korea drafts aggressive spending plan for 2022, taking debt to 50% of GDP

South Korea's government on Tuesday unveiled an aggressive spending increase in the final annual budget of President Moon Jae-in's five-year…

5 years ago

Zoom’s tepid growth forecast takes shine off billion-dollar quarter

Zoom Video Communications Inc (ZM.O) posted its first billion-dollar revenue quarter but signaled a faster-than-expected easing in demand for its video-conferencing service…

5 years ago

Oil edges lower as U.S. pushes OPEC to pump more

Oil slipped on Tuesday as OPEC and allies geared up for a meeting on Wednesday amid calls from the United…

5 years ago