world economy

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

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

Rising Global Risks Threaten UK Financial Stability

The Financial Policy Committee (FPC) emphasizes the need for proactive measures to mitigate risks and safeguard the nation's financial well-being.

2 years ago

Germany’s half-a-trillion dollar energy bazooka may not be enough

Germany is bleeding cash to keep the lights on. Almost half a trillion dollars, and counting, since the Ukraine war…

3 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