pandemic

China’s largest banks signal tough times ahead

Five of China's largest banks have said the country's lenders face multiple headwinds this year that include the pandemic, global…

4 years ago

EU’s Vestager says no antitrust concerns yet about cloud computing

Cloud computing, in which Amazon (AMZN.O) and Microsoft (MSFT.O) are the biggest players followed by Alphabet's (GOOGL.O) Google, doesn't pose competition concerns yet because of Europe's…

4 years ago

World Bank approves $830 mln in loans to Colombia

Colombia will receive two loans totalling $830 million from the World Bank to fund COVID-19 pandemic recovery and education efforts,…

4 years ago

Bank of England raises rates to 0.75%, less sure about future moves

The Bank of England raised interest rates on Thursday for a third meeting running, as expected, but softened its language…

4 years ago

The current status of the job market in the United States is improving: finding workers remains a challenge

The world's economy was thrown into chaos as the Covid-19 outbreak wreaked havoc on the globe just when everything appeared…

4 years ago

Analysis: Ukraine invasion sets back Musk’s dream for cheaper EVs, for now

Surging raw materials costs, made worse by Russia's invasion of Ukraine, could set back the dream of Tesla (TSLA.O) Chief Executive Elon…

4 years ago

As world scrambles for oil, Canadian producers reluctant to spend on growth

The world is scrambling for oil after Russia's invasion of Ukraine sent prices rocketing and upended global supply but producers…

4 years ago

Scotland’s digital technologies body focuses on eLearning

Commissioned from, and written by, Wendy Edie, Managing Director of Scotland’s leading digital learning and assessment developer, eCom Scotland, the…

4 years ago

Central banks seen enhancing liquidity after SWIFT ban – Credit Suisse strategist

The banning of certain Russian banks from the SWIFT international payment system could push central banks to enhance liquidity to…

4 years ago

Analysis: Russia’s economic defences likely to crumble over time under sanctions onslaught

Russia has spent the past seven years building up formidable financial defences, yet in the long run, its economy is…

4 years ago
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