HSBC Signals a Peak In Windfall Profits Amid Interest Rates Hike
HSBC, Europe's largest bank, posted a record rise of 92 per cent in its quarterly profits ...
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Gas Shortage Exposes Fragile South Asian Economies To More Pain
Gas shortages and increases in gas prices are creating substantial gaps in the balance of payments ...
TSMC Shares Take a Dive After Buffett’s Berkshire Hathaway Sells $3.7 Billion Stake: A Surprising Stock Market Move
Berkshire lowered its holding of TSMC ADRs by 86.2% in the last quarter. TSMC stock slides ...
FIS plans a $17 billion spin-off in merchant unit
FIS also announced in a statement that the company is planning to spin off Worldpay in ...
BlackRock-led investors in Aramco pipelines start bond sale
The Saudi-backed Hassana Investment Co., led by BlackRock, had signed a lease-and-leaseback agreement amounting to $15.5 ...
Lebanon to Devalue Its Currency By 90%
Lebanon to Devalue Its Currency By 90% Riad Salameh, the governor of the Lebanese Central Bank, ...
Oil Cools Off on a Weak Dollar
From the supply factor for oil prices, Russia has flooded the markets with massive amounts of ...
Astra Zeneca to acquire the US Pharma CinCor in a $1.8 billion deal
Upon the completion of the tender offer, Astra Zeneca’s acquisition subsidiary will be joined with CinCor, ...
IMF warns of looming recession hitting a third of the world in 2023
IMF also predicted that Eurozone growth will fall to 0.5 percent in 2023 as high energy prices ...
Amgen’s acquisition of Horizon Therapeutics for $27.8 billion marks the largest healthcare deal of 2022
Amgen secured a bridge fund to facilitate the purchase joining AT&T and Broadcom and will fund ...
The Global Economics Limited is a UK based financial publication and a Bi-Monthly business magazine giving thoughtful insights into the financial sectors on various industries across the world. Our highlight is the prestigious country specific Annual Global Economics awards program where the best performers in various financial sectors are identified worldwide and honoured.
