World Economic Magazine

China’s Didi improves pay transparency for drivers

China's Didi Global Inc (DIDI.N) said on Monday it will provide its drivers in several Chinese cities with more details on the…

5 years ago

Hyatt to buy Apple Leisure Group from KKR, KSL Capital for $2.7 billion

U.S. hotel operator Hyatt Hotels Corp (H.N) said on Sunday it entered a  deal to buy resort company Apple Leisure Group from…

5 years ago

Dollar languishes near one-week low after consumer sentiment blow

The dollar held near a one-week low versus major peers on Monday, after slumping the most in almost seven weeks…

5 years ago

UK employers have strongest hiring plans in over 8 years, survey shows

British employers plan to increase staff numbers by the most in more than eight years over the coming months and…

5 years ago

Ford counterattacks in ‘cruise’ dispute with GM

Ford Motor Co (F.N) said late on Friday it will ask the U.S. Patent Office to rescind trademarks obtained by rival General…

5 years ago

The crypto heist hacker returns the $610 million!

According to Poly Network, the cryptocurrency network targeted earlier this week by the attack, the hackers behind one of the…

5 years ago

EXCLUSIVE Olam seeking about $3 bln for London IPO of food ingredients unit – sources

Olam International (OLAM.SI) is considering raising about 2 billion pounds ($2.8 billion) through a London listing of its food ingredients unit next…

5 years ago

Marketmind: Muddied Waters

Investors can be forgiven for being nonplussed on the data front this week. A day after U.S. consumer inflation data…

5 years ago

Malaysia c.bank slashes 2021 growth outlook on COVID-19 surge, lockdowns

Malaysia's economy expanded more quickly than expected on an annual basis in the second quarter, but the central bank slashed…

5 years ago

Decline and near fall of Italy’s Monte dei Paschi, the world’s oldest bank

Four years after spending 5.4 billion euros ($6.3 billion) to rescue it, Rome is in talks to sell Monte dei…

5 years ago