World Archives | Page 21 of 102 | World Economic Magazine

Explainer: Washington holds key to Russia’s sovereign default

The prospect of a Russia sovereign default is moving centre stage again with a deadline for a U.S. license allowing…

4 years ago

Exclusive: U.S. Treasury’s Yellen and trade czar Tai at odds over China tariffs

President Joe Biden will have to resolve a heated internal debate among his aides over whether to cut taxes on…

4 years ago

EXCLUSIVE Ontario Teachers to invest up to $1 bln in Macquarie offshore wind unit

Major Canadian pension fund Ontario Teachers' Pension Plan has agreed to invest up to $1 billion in a new offshore…

4 years ago

Explainer: China’s Xiaomi battles probes in key India market

Chinese smartphone giant Xiaomi Corp (1810.HK) faces legal headaches in India as a federal financial crime-fighting agency and tax authorities investigate its…

4 years ago

Dollar hits two-decade high, rattled investors plump for safe haven

The dollar rose to fresh two-decade highs on Thursday as concerns that tighter monetary policies to tame surging inflation will…

4 years ago

Siemens to leave Russia due to Ukraine war, take hefty charge

Siemens (SIEGn.DE) will quit the Russian market due to the war in Ukraine, it said on Thursday, taking a 600 million euro…

4 years ago

China Resources in talks to take Sihuan Pharma private at $3 bln valuation -sources

State conglomerate China Resources is in early-stage talks with Sihuan Pharmaceutical's (0460.HK) chairman about jointly taking the Hong Kong-listed company private in…

4 years ago

EXCLUSIVE Biden sidelined global energy partners with record emergency oil release

The United States announced a record-sized release of emergency crude oil reserves in March without consulting partners in the International…

4 years ago

SocGen boosts first-quarter income but costs of Ukraine war rise

French lender Societe Generale (SOGN.PA) beat first-quarter earnings expectations on Thursday but booked higher provisions for loans turning bad as the economic…

4 years ago

Explainer: Disconnecting Russia’s banks: Sberbank faces SWIFT removal

The European Union aims to cut off Sberbank (SBER.MM), Russia's largest lender, from the SWIFT international payment system as Western allies…

4 years ago