World Economic Magazine

American Airlines forecasts first positive cash flow since pandemic began

American Airlines (AAL.O) said on Tuesday it expects positive cash flow in the second quarter for the first time since…

5 years ago

Singapore economy to get back on track after Q2 stumble

Singapore's economy contracted in the second quarter after battling new outbreaks of COVID-19 but economists expect it to get back…

5 years ago

BOJ aimed to work with govt in regional bank scheme, minutes show

The Bank of Japan's scheme to incentivise consolidation among regional banks was meant to show it was working alongside the…

5 years ago

Analysis: Investors pivot to Powell after more hot U.S. inflation data

The biggest rise in U.S. consumer prices in 13 years has intensified investor focus on messaging from the Federal Reserve,…

5 years ago

Smithfield Foods stops slaughtering pigs at U.S. hometown plant

Smithfield Foods, the world's largest pork processor, has stopped slaughtering pigs in the United States' so-called ham capital, where the…

5 years ago

JPMorgan profit soars on recovery but questions linger over lending outlook, competition

JPMorgan Chase & Co (JPM.N) second-quarter profits jumped 155% as the U.S. economy continued to rebound, but executives warned on…

5 years ago

Innovate UK funds Glasgow University and eCom Scotland joint project

The digital learning and assessment specialist, eCom Scotland is collaborating with the University of Glasgow in a six-month project, funded…

5 years ago

WTO seeks to land big prize after 20 years of fish talks

Negotiators are hoping the World Trade Organization will on Thursday not only deal a major blow to overfishing after 20…

5 years ago

S&P 500 and Nasdaq end lower after hitting record highs

The S&P 500 and Nasdaq ended lower on Tuesday after hitting record highs earlier in the session, with investors digesting…

5 years ago

White House still sees inflation abating, can’t say exactly when

The White House expects supply chain pressures that are fueling higher inflation to abate in the "not-too-distant future," but cannot…

5 years ago