World Economic Magazine

NFT enthusiasts hold firm despite crypto price plunge

This week's cryptocurrency price plunge eroded the dollar-based value of NFTs and raised the cost of buying and selling them,…

5 years ago

Britain’s Nationwide almost doubles profit as costs fall

Nationwide Building Society (POB_p.L) nearly doubled annual profit after improving interest income and margins as it shaved costs, it said…

5 years ago

U.S. Treasury floats global corporate tax of at least 15%

The U.S. Treasury Department on Thursday offered to accept a global minimum corporate tax of at least 15% during international…

5 years ago

Japan’s consumer prices extend falls as cellphone fee cuts offset input costs

Japan's core consumer prices fell for the ninth straight month in April as a record slump in cellphone fees offset…

5 years ago

Inside the race to find a COVID-19 treatment pill

In early 2020, as a new deadly coronavirus began spreading around the world, Pfizer Inc (PFE.N) assembled what it called…

5 years ago

Wall Street snaps 3-day losing streak as technology stocks rise

Wall Street's main indexes rebounded on Thursday after a three-day slide, buoyed by gains in technology stocks as the smallest…

5 years ago

WeWork reports quarterly loss of nearly $2.1 bln ahead of public listing

SoftBank-backed office-sharing startup WeWork on Thursday reported a first-quarter net loss of $2.06 billion, as it was hit by restructuring…

5 years ago

Oatly, Procore debuts calm U.S. IPO jitters

Strong stock market debuts by oat milk maker Oatly Group AB (OTLY.O) and construction software firm Procore Technologies (PCOR.N) eased…

5 years ago

Apollo co-founder Josh Harris to step down from private equity firm

Apollo Global Management Inc (APO.N) said on Thursday co-founder Joshua Harris has decided to step down from his day-to-day role,…

5 years ago

JD Logistics to raise $3.16 bln in Hong Kong IPO -sources

JD Logistics Inc is set to price its shares at HK$40.36 ($5.20), towards the lower end of its indicated range,…

5 years ago