World Economic Magazine

Alibaba misses revenue estimates as e-commerce growth slows, regulatory crackdown persists

Aug 3 (Reuters) - China's Alibaba Group Holding Ltd (9988.HK), missed analyst estimates for first-quarter revenue on Tuesday, as its e-commerce…

5 years ago

When the chips are down: global shortage to keep crimping carmakers

LONDON, Aug 3 (Reuters) - BMW (BMWG.DE) and Stellantis (STLA.MI) became the latest major carmakers to warn on Tuesday that the global semiconductor chip…

5 years ago

Analysis: Riding the oil price rebound: Gulf states to accelerate asset sales

Saudi Aramco and other Gulf oil producers are following in the footsteps of Abu Dhabi with plans to raise tens…

5 years ago

BMW says chip shortage, raw material prices to hit second half

BMW (BMWG.DE) raised its 2021 profit forecast on Tuesday after strong quarterly results, but said the global semiconductor chip shortage…

5 years ago

France’s SocGen raises 2021 forecasts on lower bad loan provisions

PARIS, Aug 3 (Reuters) - French bank Societe Generale (SOGN.PA) on Tuesday raised its forecasts for 2021 as the lender swung back…

5 years ago

Sanofi confirms $3.2 bln offer to buy U.S. biotech firm Translate Bio

PARIS, Aug 3 (Reuters) - French drugmaker Sanofi (SASY.PA) said it had made a $3.2 billion offer to buy U.S. biotech company…

5 years ago

Lyondell says restarting polymers, olefins units at La Porte plant

Aug 3 (Reuters) - LyondellBasell (LYB.N) on Monday said it was restarting the polymers and olefins units at its La Porte, Texas,…

5 years ago

S.Korea July inflation accelerates; staying at nine-year peak

SEOUL, Aug 3 (Reuters) - South Korea's consumer inflation accelerated in July, staying at a nine-year peak marked in May,…

5 years ago

Facebook’s Kustomer deal may hurt competition, EU regulators say

Facebook's acquisition of U.S. customer service startup Kustomer may hurt competition and boost its market power in online advertising, European…

5 years ago

Specialist Online Learning Developed for NHS Phototherapy Professionals

When NHS National Services Scotland (NSS) and Photonet, the National Managed Clinical Network for Phototherapy in Scotland, wanted to re-design…

5 years ago