World Economic Magazine

Micron sales beat expectations as chip supplies remain tight, prices high

Micron Technology Inc (MU.O) on Wednesday beat Wall Street estimates for quarterly profit and forecast fourth-quarter revenue above expectations, as…

5 years ago

Boom! U.S. consumers hit by rising prices for Fourth of July fireworks

U.S. consumers already grappling with surging prices for air fares, rental cars and some hotels this Independence Day holiday weekend…

5 years ago

S&P 500 flirts with record high as month, quarter draw to a close

Wall Street was muted on Wednesday and the S&P teased its fifth straight record closing high as investors ended the…

5 years ago

Smithfield Foods to pay $83 mln to settle pork price-fixing claims

Smithfield Foods Inc (SFII.UL) said on Wednesday it will pay $83 million to settle litigation that accused several companies of…

5 years ago

UK wins financial services carve-out from new global tax rules – FT

Britain is set to secure an exemption for financial services from a new global tax system which was agreed by…

5 years ago

U.S. dollar share of global reserves rises in Q1; euro share slips

The U.S. dollar's share of currency reserves reported to the International Monetary Fund edged up to 59.5% in the first…

5 years ago

Boom, bust and bewildered: Bitcoin’s year so far

If you're a bitcoin investor, your nerves may have taken quite a pounding in 2021

5 years ago

Rolls-Royce partners with Shell in sustainable aviation fuel push

British engineering company Rolls-Royce (RR.L) said it would partner with oil company Shell (RDSa.L) to work on the development of…

5 years ago

U.S. pending home sales unexpectedly rise in May

Contracts to purchase previously owned U.S. homes rose by the most in 11 months in May driven by a decline…

5 years ago

Fast and furious first half of 2021 keeps financial markets at full throttle

After the unprecedented pandemic-driven swings in global financial markets last year 2021 was never going to be dull, and so…

5 years ago