World Economic Magazine

Ida’s insurance impact likely to be boosted by pandemic pricing

Insurers are bracing for $15 billion to $30 billion in claims from Hurricane Ida, but the figure could jump higher,…

5 years ago

Fed’s Mester not ready to accept recent inflation surge as meeting central bank’s goal

Cleveland Federal Reserve Bank President Loretta Mester said on Monday that the U.S. economy is recovering strongly but she is…

5 years ago

Uber proposes industry-wide gig worker benefits model in Canada

Uber Technologies Inc (UBER.N) on Monday proposed a plan for a flexible benefits fund for app-based ride-hail and food delivery…

5 years ago

BHP considers making COVID vaccinations mandatory at Australian sites

Global miner BHP Group (BHP.AX) is mulling whether to make vaccinations for COVID-19 mandatory at its workplaces in Australia as the country's…

5 years ago

India’s economy likely rebounded in April-June amid pandemic risks

India's economy likely rebounded in the April-June quarter from a deep slump last year helped by improved manufacturing and in…

5 years ago

After Ida, US energy pipelines off line, damage being assessed

Oil and gas pipeline operators on Monday checked for damage after Hurricane Ida hit major energy hubs as a Category…

5 years ago

Housing affordability to worsen near-term, even as prices cool off

The sizzling pace of house price rises in most major world housing markets since the pandemic began has likely peaked,…

5 years ago

Spain’s Sabadell kicks off new round of layoffs in Spain – union and memo

Spain's Sabadell (SABE.MC) on Monday told its employees it will engage in a new round of layoffs in Spain, according to an…

5 years ago

Australia considering new laws for Apple, Google, WeChat digital wallets

The Australian government is considering new laws that would tighten the regulation of digital payment services by tech giants such…

5 years ago

Euro zone Aug economic sentiment eases but selling price expectations at record high

Euro zone economic sentiment has eased more than expected in August from a record high in July, hit by a…

5 years ago