World Economic Magazine

Purdue’s Sackler: family has ‘responsibility’ to help curb opioid crisis but wants liability shields

A member of the Sackler family that owns Purdue Pharma testified on Tuesday that his family bears a “moral responsibility”…

5 years ago

Wall Street slumps after weak retail sales, Home Depot results

Wall Street's main indexes slid on Tuesday, with the S&P 500 logging its biggest one-day percentage fall in about a…

5 years ago

Dollar gains for 2nd day on Afghanistan, Delta variant worries

NEW YORK, Aug 17 (Reuters) - The dollar advanced for a second straight session on Tuesday, bolstered by safe-haven demand,…

5 years ago

EXCLUSIVE India starts selling oil from strategic reserves after policy shift

India has begun selling oil from its Strategic Petroleum Reserve (SPR) to state-run refiners as it implements a new policy…

5 years ago

Ecobank is launching a contest for African startups!

Ecobank Group, a pan-African banking group, is looking for African Fintech companies to compete in its fourth Fintech Challenge. The…

5 years ago

U.S. oil refiner Citgo Petroleum posts first profit in seven quarters

Citgo Petroleum Corp on Monday reported a slim, second-quarter profit, its first in seven quarters, as higher fuel exports helped…

5 years ago

General Motors to replace battery modules for some Bolt electric vehicles after fire risks

Aug 17 (Reuters) - Automaker General Motors Co (GM.N) said it will replace all battery modules in some Chevrolet Bolt electric vehicles…

5 years ago

Oil prices weighed down by weak Asian demand

Oil prices fell on Tuesday, with both contracts heading for a fourth straight session of losses, weighed down by a…

5 years ago

Tencent Music takes copyright rules in stride, earnings beat estimates

Tencent Music Entertainment Group (TME.N) said on Monday China's copyright rules were unlikely to have a big impact on its online subscriptions,…

5 years ago

Buffett’s Berkshire pares drug holdings, sheds Axalta, Biogen

Warren Buffett's Berkshire Hathaway Inc (BRKa.N) said on Monday it trimmed or eliminated its stakes in several pharmaceutical companies, and reported a…

5 years ago