World Economic Magazine

Europe’s Wizz Air expects to fully recover from pandemic next year

European budget carrier Wizz Air (WIZZ.L) expects to fully recover from the coronavirus crisis as travel demand rebounds from the…

5 years ago

Boral sells U.S. products business after rejecting Seven bid

Australia's Boral Ltd (BLD.AX) said it would sell its North American building products business to a unit of NYSE-listed Westlake…

5 years ago

Dollar loses some steam after Fed boost; bitcoin tumbles

The dollar dipped on Monday against major currencies, but broadly held most of the previous week's gains after the Fed's…

5 years ago

EU measures to ‘tighten thumbscrews’ on Belarus

The European Union will impose travel bans and asset freezes on 86 Belarusian individuals and companies on Monday and is…

5 years ago

Volvo Car partners with Northvolt to develop and produce batteries

Volvo Car Group, owned by China's Geely Holding (GEELY.UL), announced plans on Monday for a joint venture with Swedish battery…

5 years ago

Ackman’s SPAC signs deal to buy 10% of Vivendi’s Universal

Billionaire investor William Ackman’s Pershing Square Tontine Holdings (PSTH.N) signed a deal to buy 10% of Universal Music Group (UMG),…

5 years ago

Dubai Airshow to take place under capacity restrictions, organiser says

The Dubai Airshow, this year’s biggest aerospace trade show and a spectacle for business deals worth billions of dollars, will…

5 years ago

Wall St Week Ahead Fed shift causes rally in value stocks to wobble

The Federal Reserve’s hawkish shift is forcing investors to reevaluate the rally in so-called value stocks, which have taken a…

5 years ago

Oil prices firm on summer demand as Iran talks drag

Oil prices edged higher on Monday, underpinned by strong demand during the northern hemisphere summer driving season and a pause…

5 years ago

In Indonesian banking, rise in religious conservatism ripples across sector

A rise in religious conservatism in Indonesia is drawing talent away from what some view as un-Islamic jobs in banking,…

5 years ago