World Economic Magazine

S&P dips, just off record as energy shares fall

The S&P 500 dipped on Monday, as fuel demand worries during a resurgent pandemic sent energy stocks lower but rising…

5 years ago

28 U.S. House Democrats want $85 billion in EV charging infrastructure funding

A group of 28 U.S. House Democrats on Monday asked congressional leaders to back $85 billion in funding for electric…

5 years ago

Oyu Tolgoi review raises doubts over Rio Tinto stance on cost overruns

Turquoise Hill Resources (TRQ.TO) said an independent review of$1.4 billion in cost overruns at the Oyu Tolgoi mine in Mongolia suggested that…

5 years ago

BioNTech says has supplied more than 1 bln COVID-19 vaccine doses so far

BioNTech and partner Pfizer (PFE.N) have supplied more than one billion doses of their COVID-19 vaccine as per July 21, a bigger…

5 years ago

Barrick Gold reaffirms full-year targets after profit beat

Barrick Gold Corp (ABX.TO), on Monday stuck to its full-year targets after it reported a better-than-expected quarterly profit, as higher prices…

5 years ago

EXCLUSIVE India considers sharp import tax cuts on EVs after Tesla lobbying – sources

India is considering slashing import duties on electric cars to as low as 40%, two senior government officials told Reuters,…

5 years ago

Billionaire-backed mining firm to seek electric vehicle metals in Greenland

Mineral exploration company KoBold Metals, backed by billionaires including Jeff Bezos and Bill Gates, has signed an agreement with London-listed…

5 years ago

Philip Morris, Carlyle could fight it out for UK’s Vectura in auction ring

The takeover battle for drugmaker Vectura (VEC.L) will enter a rare head-to-head auction process if private equity group Carlyle (CG.O) and tobacco giant Philip…

5 years ago

How sustainable are sovereign wealth funds?

Risks don't come much longer term than climate change, so you might expect sovereign wealth funds to be all over…

5 years ago

Global stocks tread water as gold slides and oil takes a spill

Global shares treaded water on Monday as sharp falls in gold and oil prices briefly spooked sentiment, while the dollar…

5 years ago