World Economic Magazine - World Economic Magazine

Exclusive: BlackRock backs 3 director nominees challenging Exxon board -sources

BlackRock, Exxon Mobil Corp's (XOM.N) second largest shareholder, is backing several of upstart hedge fund Engine No. 1's candidates to…

5 years ago

Featured

Why have bankruptcies fallen during the pandemic?

By Paul Vandenberg Government assistance programs, and relaxed insolvency procedures, have helped keep businesses afloat during the pandemic. The number of bankruptcies…

5 years ago

Asian shares up, dollar wallows as Fed soothes inflation fears

Asian shares rose on Wednesday while the U.S. dollar stood near its lowest levels this year after U.S. Federal Reserve…

5 years ago

Wall Street pauses as investors eye inflation clues

U.S. stocks closed slightly lower on Tuesday, and each of Wall Street's main indexes failed to stray far from the…

5 years ago

EXCLUSIVE BMW, VW to face lowered EU fines over emissions collusion -source

BMW (BMWG.DE) and Volkswagen (VOWG_p.DE) are set to face reduced EU antitrust fines over clean air technology after regulators narrowed…

5 years ago

Oil near one-week high as prospect of Iran glut wanes

Oil prices slipped on Tuesday, but were near one-week highs after jumping more than 3% the previous session as investors…

5 years ago

Shell weighs shut Louisiana refinery’s future as Baton Rouge firm promotes bid

Royal Dutch Shell (RDSa.L) was still evaluating plans for an idled Louisiana oil refinery, the company said on Monday, after…

5 years ago

Cryptocurrencies bounce back from Sunday sell-off, bitcoin still down 30% in May

Bitcoin jumped more than 10% during a surge in cryptocurrencies Monday, regaining some ground lost during a weekend sell-off that…

5 years ago

Wall Street bank CEOs to tout COVID relief push, diversity efforts before Congress

Wall Street bank chiefs will tout the role their institutions have played in getting the pandemic-hit U.S. economy back on…

5 years ago

LME plans to replace LMEselect with HKEX Orion trading platform

London Metal Exchange plans to replace its LMEselect trading system with its owner Hong Kong Exchanges and Clearing's Orion platform,…

5 years ago