World Economic Magazine

China’s financial sector will remain open

According to state media, China's financial industry would open up, with better circumstances for foreign banks and insurance corporations entering…

5 years ago

The covid outbreak has harmed Nike’s production!

Manufacturing at several of Nike's main operations in Vietnam has been impacted as Covid has expanded across locations. The company…

5 years ago

NDB Bank: Pioneers in providing innovative financial solutions for Sri Lanka’s national development

NDB’s vision is “to be the driving force for a financially empowered Sri Lanka”, supported by the mission “to be…

5 years ago

‘Road to space’: billionaire Bezos has successful suborbital jaunt

Jeff Bezos, the world's richest person, soared some 66.5 miles (107 km) above the Texas desert aboard his company Blue…

5 years ago

BOJ’s price outlook views muddled by commodity rise, weak spending

Bank of Japan policymakers saw the price outlook muddled by rising global commodity costs and soft consumption, minutes of their…

5 years ago

New York, drug distributors reach $1.18 bln opioid settlement as national deal looms

The three largest U.S. drug distributors agreed mid-trial to pay up to $1.18 billion to settle claims by New York…

5 years ago

Asian shares, U.S. yields rise as investors reassess rout

Asian shares and U.S. Treasury yields rose on Wednesday, clawing back some of the week's losses as investors reassessed economic…

5 years ago

June slump in Australia’s retail sales clouds Q3 growth outlook

Australian retail sales slumped in June as coronavirus lockdowns and mobility restrictions in much of the country hit demand, casting…

5 years ago

Moderna dominates Wall St trading ahead of S&P 500 debut

Moderna's (MRNA.O) stock dropped 2% in a volatile session on Tuesday, with the COVID-19 vaccine maker the most heavily traded…

5 years ago

United Airlines revenue tops estimates as travel rebounds, sees 3rd-quarter turning point

United Airlines (UAL.O) reported its sixth consecutive quarterly loss on Tuesday due to the coronavirus pandemic, though revenue quadrupled from…

5 years ago