World Economic Magazine

Britain clears $44 bln Virgin-O2 merger to take on BT

Britain's competition regulator cleared a $44 billion merger between broadband company Virgin Media and Telefonica's (TEF.MC) UK mobile network O2…

5 years ago

Shell exits Philippine gas field in $460 mln deal

Royal Dutch Shell (RDSa.L) has agreed to sell its stake in a offshore gas field in the Philippines for $460…

5 years ago

New global carbon exchange to launch in Singapore by year-end

Singapore bank DBS (DBSM.SI), Standard Chartered (STAN.L), Singapore Exchange (SGXL.SI), and state investor Temasek Holdings said on Thursday they are…

5 years ago

Private equity’s falling out of love with plastic packaging

A decade ago, private equity couldn't get enough of plastic packaging. They snapped up companies making bags, films and trays…

5 years ago

Bitcoin’s star backers, dip buyers help cryptos recover

Bitcoin regained some lost ground to trade near $40,000 on Thursday, a day aftera brutal selloff on concerns over tighter…

5 years ago

ByteDance founder to step down as CEO, hand over to college roommate

Zhang Yiming will step down as chief executive of TikTok-owner ByteDance, leaving the task of navigating a rising number of…

5 years ago

Stocks struggle as taper talk, crypto crash put markets on edge

Stock markets struggled for traction on Thursday after a jittery session on Wall Street where cryptocurrencies crashed and a hint…

5 years ago

U.S. lawmakers to propose tax credit for sustainable aviation fuel

U.S. lawmakers plan to introduce a bill on Thursday that would create a tax credit for lower-carbon sustainable aviation fuel,…

5 years ago

Slide in cryptocurrencies, other high-fliers, comes amid looming U.S. inflation worries

A selloff in cryptocurrencies, high-growth stocks and other high-flying assets may be signalling a more cautious outlook among market participants…

5 years ago

Declining Global Liquidity: Good or Bad?

According to the MSCI All-Country World Equity Index, Global stock prices have risen by 85 percent. After the pandemic-induced devastation…

5 years ago