World Economic Magazine

Supermarket groups Carrefour and Tesco to end purchasing alliance

French supermarket group Carrefour (CARR.PA) and its British peer Tesco (TSCO.L) said on Monday they would not extend a purchasing…

5 years ago

Asia shares turn cautious ahead of U.S. inflation

Asian shares turned lower on Monday as relief over the benign U.S. jobs report was chilled by caution ahead of…

5 years ago

Oil eases on Iran concern after hitting two-year high above $72

Oil eased after hitting a two-year high above $72 a barrel on Monday, pressured by the prospect of higher Iranian…

5 years ago

S&P upgrades outlook on Australia’s AAA rating to stable from negative

S&P Global Ratings upgraded its outlook on Australia's coveted "AAA" sovereign rating to 'stable' from 'negative' on Monday citing the…

5 years ago

Air Canada executives to return bonuses after government aid outcry

Top executives at Air Canada (AC.TO) will return their bonuses and share awards, the carrier said on Sunday, in response…

5 years ago

Asia breathes sigh of relief as U.S. jobs fail to shock

Asian shares firmed on Monday while the dollar wavered after the anxiously awaited May U.S. payrolls report showed the recovery…

5 years ago

China blocks several cryptocurrency-related social media accounts amid crackdown

A slew of crypto-related accounts in China’s Twitter-like Weibo platform were blocked over the weekend, as Beijing stepped up a…

5 years ago

UK’s lowest-paid workers face highest jobless risk: research

Britain's lowest-paid workers, already hardest hit by the COVID-19 pandemic, will be most at risk from expected rises in unemployment…

5 years ago

Australia’s NAB reveals anti-money laundering probe, shares fall

National Australia Bank (NAB.AX) said on Monday it is under investigation for suspected serious and ongoing breaches of anti-money laundering…

5 years ago

Tech giants and tax havens targeted by historic G7 deal

The United States, Britain and other large, rich nations reached a landmark deal on Saturday to squeeze more money out…

5 years ago