world economic magazine

Amid controversy, Eastman faces account closure along with financial fallout

Former Trump attorney John Eastman faces unexpected account closures by Bank of America and USAA, sparking debate on political bias…

2 years ago

Mounting Costs and Charge-offs Influences Bank of America’s Q1 Revenue Margin

Bank of America reported an 18% decline in Q1 profits due to rising expenses and the impact of higher interest…

2 years ago

Bank of America: Microsoft’s AI Innovations Inspire Robust Growth Outlook

Bank of America lifts Microsoft's earnings outlook by 1%, expecting 16.6% stock growth fueled by Azure, Microsoft 365, and AI…

2 years ago

Encore Wire’s Acquisition Signifies Prysmian’s Growth in the North American market

The move aims to bolster Prysmian's presence in the North American market. The acquisition offer stands at $290 per share…

2 years ago

Fostering Economic Progress: Morocco’s Investments in Africa Encourage Regional Integration

Institutions like OCP AFRICA and Bank of Africa exemplify Morocco's commitment to agricultural development and financial inclusion across the continent.…

2 years ago

Royal Bank of Canada’s CFO Dismissal Sparks Controversy

The dismissal of Royal Bank of Canada's Chief Financial Officer, Nadine Ahn, over an undisclosed relationship with another employee has…

2 years ago

A Comprehensive Overview of Oman’s Debt Capital Market and Islamic Finance Landscape

The Islamic finance landscape in Oman is witnessing significant growth, surpassing $28 billion by the end of 2023, reflecting the…

2 years ago

The Philippines Continues Diplomatic Conversation with China Despite Increasing Tensions in the South China Sea

President Ferdinand Marcos Jr.'s call for continued dialogue with China underscores the Philippines' commitment to resolving maritime disputes through diplomatic…

2 years ago

Shareholders of Bank Muscat Approve the EMTN Program and Cash Dividend

With the approval of critical initiatives such as the EMTN Programme and a generous cash dividend, the Bank Muscat demonstrates…

2 years ago

A New Economic Zone to Transform Dhahirah Governorate’s Landscape

The EZAD project embodies Oman's commitment to long-term prosperity and socio-economic advancement by fostering collaboration with Saudi Arabia and prioritizing…

2 years ago