World Economic Magazine - World Economic Magazine

Oil and gas stocks carry $126 bln cost for Norway’s sovereign fund – research

Norway's sovereign wealth fund missed out on $125.8 billion in potential returns over a three year period by investing in…

5 years ago

Dogecoin jumps on news of launch on Coinbase Pro

Dogecoin, a meme-based cryptocurrency popular among retail investors, surged on Wednesday, benefiting from news that digital asset exchange Coinbase (COIN.O)…

5 years ago

Global equities edge higher on hopes of U.S. jobs data

Global equities markets firmed on Wednesday ahead of key U.S. economic data due later in the week as investors weighed…

5 years ago

EXCLUSIVE SoftBank tech fund in talks to invest in Dubai cloud kitchen Kitopi-sources

SoftBank Group Corp (9984.T) is in talks to invest in Dubai "cloud kitchen" Kitopi's latest funding round through its second…

5 years ago

Etsy eyes Gen-Z shoppers with $1.63 bln deal for fashion reseller Depop

Etsy Inc (ETSY.O) said on Wednesday it would buy Generation-Z focused fashion resale company Depop for $1.63 billion, seeking to…

5 years ago

Analysis: Planned global tax raid catches ethical investor zeitgeist

A global tax crackdown on multinationals has the backing of some of the world's biggest investors who say that using…

5 years ago

Climate change risks will affect U.S. bank capital in long-run – official

U.S. regulators will "eventually" have to factor climate change risks into bank capital rules, but it is still too soon…

5 years ago

Germany may take part in Lufthansa capital increase – report

Germany is leaning towards participating in a planned 3 billion euro capital increase at Lufthansa (LHAG.DE) to limit a dilution…

5 years ago

Wall St set to open higher ahead of key economic data this week

The latest leg of a surge in so-called "meme stocks" stood out in early moves on Wall Street on Wednesday,…

5 years ago

StanChart unit to launch cryptocurrency trading platform

A Standard Chartered PLC (STAN.L) unit intends to establish a cryptocurrency brokerage and exchange platform in Britain and Europe, targeting…

5 years ago