World Economic Magazine

Papua New Guinea-focused Oil Search rebuffs $6.5 bln Santos bid

Oil Search (OSH.AX) rejected an unsolicited takeover proposal from Santos Ltd (STO.AX) valuing the Papua New Guinea-focused oil and gas…

5 years ago

Japan goes nuclear in bid to stay cool during Summer Olympics

Japan has rebooted extra power plants, including a long-dormant nuclear reactor, and taken other steps to avoid a power crisis…

5 years ago

Wall Street ends sharply lower as Delta variant sparks new lockdown fears

A surge in Delta variant infections sparked a broad sell-off on Wall Street on Monday as investors feared renewed COVID-19…

5 years ago

Oil piles on losses following OPEC+ deal to boost supply, rising COVID cases

Oil slumped $5 a barrel on Monday, closing out its worst day since March, after an OPEC+ agreement to boost…

5 years ago

Australia’s Afterpay to launch banking app in October

Afterpay Ltd (APT.AX) will launch its banking app in October to widen its offerings beyond buy now, pay later (BNPL)…

5 years ago

Bill Ackman rejigs Universal deal after regulators probe SPAC plan

Billionaire investor Bill Ackman will buy up to 10% of Vivendi's (VIV.PA) Universal Music Group through his main hedge fund,…

5 years ago

Factbox: Jeff Bezos’ journey from suburban garage to edge of space

U.S. business mogul Jeff Bezos, founder of Amazon.com Inc (AMZN.O), is set to launch into space aboard his company Blue…

5 years ago

Analysis: Beyond security crackdown, Beijing charts state-controlled data market

China's sweeping regulatory action against internet giants such as ride-hailing firm Didi Global Inc, which has sent chills through the…

5 years ago

Austrian activist Schrems’ Facebook complaint referred to EU court

BERLIN, July 20 (Reuters) - Austria's Supreme Court has questioned the legal basis on which Facebook (FB.O) collects user data and referred…

5 years ago

China dismisses U.S. accusation of global hacking campaign

BEIJING, July 20 (Reuters) - China said on Tuesday that accusations made by the United States and its allies that…

5 years ago