World Economic Magazine Inc.

Heating bills in the United States are expected to rise as energy prices rise!

According to the U.S. Energy Information Administration's 2021 data, households can expect their heating bills to increase by up to…

4 years ago

Australia’s Westpac flags $950 mln profit hit, led by institutional banking

SYDNEY, Oct 12 (Reuters) - Australia's Westpac Banking Corp (WBC.AX) said on Tuesday it will take a one-off charge of $956 million…

4 years ago

The real estate market appears to be shaky as a result of China’s Evergrande crisis!

The Evergrande Real Estate Group is regarded as one of China's largest property developers. On the Fortune Global 500, it…

4 years ago

Samsung’s best quarterly revenue in three years is fueled by rising chip prices!

On Friday, Samsung Electronics Co Ltd reported a 28% increase in revenue, owing to rising memory chip prices as well…

4 years ago

EXCLUSIVE US electronics firm struck deal to transport and hire Uyghur workers

QINZHOU, China, Oct 7 (Reuters) - U.S. remote-control maker Universal Electronics Inc (UEIC.O) told Reuters it struck a deal with authorities in…

4 years ago

Big banks target South Africa’s informal saving clubs’ cash

JOHANNESBURG, Oct 7 (Reuters) - Thandi Mkhabela's money used to slip through her fingers. Now the 34-year-old mother of four…

4 years ago

European business growth hurt by supply issues, pricing in Sept -PMIs

LONDON, Oct 5 (Reuters) - Business growth across Europe remained strong last month but elevated inflationary pressures put a dent…

4 years ago

Evergrande crisis inspires shrewd bottom-feeding

HONG KONG, Oct 7 (Reuters Breakingviews) - What to say to a friend whose troubles give you an opportunity? Evergrande’s (3333.HK) shares…

4 years ago

The UK is coping with rising inflation!

Public borrowing in the UK was almost a fifth lower last month than a year earlier when the economy was…

4 years ago

The Facebook outage is dry run for worse web crashes

NEW YORK, Oct 4 (Reuters Breakingviews) - Mark Zuckerberg can’t catch a break lately. The Facebook (FB.O) boss wants to turn the…

4 years ago