Exxon Q4 earnings poised to exceed pre-pandemic level -analysts
Exxon Mobil Corp’s (XOM.N) fourth quarter profit should top Wall Street’s consensus and surpass its pre-pandemic levels, lifted by better-than-expected earnings from oil and gas, analysts said.
Oil prices steady ahead of OPEC+ meeting
Oil prices were largely steady on Tuesday as investors expected major producers to agree to stick to their planned output increase at their meeting later in the day amid diminishing concerns over the spread of the Omicron variant of COVID-19.
Dollar hits five-year high vs yen as Fed rate bets lift U.S. yields
The U.S. dollar reached its strongest level in nearly five years against the Japanese yen on Tuesday, lifted by a jump in Treasury yields as traders bet on an early Federal Reserve interest rate hike despite surging COVID-19 cases.
Global economy: Asian factories take Omicron risks in stride, for now
Asia’s factory activity grew in December as companies took rising global cases of the new Omicron coronavirus variant in stride, though persistent supply constraints and rising input costs clouded the outlook for some economies.
China to order cybersecurity reviews for some firms seeking overseas listings
China said on Tuesday it would put in force new rules that will boost oversight over how its platform companies make plans to list abroad or use recommendation algorithms, in moves set to tighten Beijing’s grip over its sprawling technology sector.
Apple becomes first company to hit $3 trillion market value, then slips
Apple Inc (AAPL.O) on Monday became the first company to hit a $3 trillion stock market value, before ending the day a hair below that milestone, as investors bet the iPhone maker will keep launching best-selling products as it explores new markets such as automated cars and virtual reality.
Factbox: U.S. banks tighten COVID-19 precautions as Omicron variant spreads
U.S. banks have been more proactive than other industries in encouraging employees back to the office, but those plans have come under renewed scrutiny due to the rapid spread of the Omicron coronavirus variant.
Mercedes-Benz unveils 1,000 km-per-charge VISION EQXX prototype
Mercedes-Benz (DAIGn.DE) on Monday took the wraps off its battery-powered VISION EQXX prototype which it says will have a range of more than 1,000 kilometres (km) per charge, taking a big stride in its electric vehicle (EV) ambitions.
3rd Annual Operational Resilience in the Financial Sector
marcus evans, the leading provider of strategic conferences, is proud to announce that the long-awaited “3rd Annual Operational Resilience in the Financial Sector” conference will take place onthe 24th-26th of January 2022, in Berlin Germany. *Discounts Available for Worldecomag Readers and Subscribers. This exclusive conference will be a three-daylong event wherein the attendees can enjoy networkingwith one another and hear […]
BlackBerry loses bid to dismiss BlackBerry 10 lawsuit in NY, fall trial possible
A U.S. judge on Monday rejected BlackBerry Ltd’s (BB.TO) bid to dismiss a long-running lawsuit claiming it defrauded shareholders by inflating the success and profitability of its BlackBerry 10 smartphones, and said the class-action case could go to trial this fall.
