ADNOC’s Deal With Covestro Faces Scrutiny From EU, Seeks Remedies
ADNOC is likely to turn the Covestro capital infusion into a shareholder loan at established market rates. Abu Dhabi National...
Read moreDetails
Bank of America Expects Double-Digit Growth in Investment Banking Fees
According to Bank of America CFO Borthwick, the net interest income, which is the difference between earnings from loans and...
Read moreDetails
UAE’s Emaar Properties Invests $18.5 Billion in Egypt, Promising a Boost Beyond Tourism
Jamal Bin Theniyah, chairman of the UAE's Emaar Properties, stated that they are planning to invest over 900 billion Egyptian...
Read moreDetails
TikTok Rival “RedNote” Races Toward $3 Billion Profit Ahead of IPO
As the US government has given ByteDance Ltd. a deadline to divest TikTok's US operations, people are rushing to other...
Read moreDetails
Kraft Heinz To Split into Two Companies As It Is Unable to Meet Its Growth Expectations
Shares have dropped by 7.2% on Tuesday afternoon's trading, despite Wall Street largely expecting the split after Kraft Heinz. Kraft...
Read moreDetails
US LNG Hit a Record High In August With 9.33 Million Tons
Europe remains the main destination for US LNG, accounting for 6.16 million tons, or 66% of the total, up from...
Read moreDetails
European Union Considers 10-Year Pause on Tax on Aviation and Shipping Fuels
The European Union has already set a minimum tax for other fuels, such as electricity and petrol used in cars....
Read moreDetails
Mizuho Aims to Become Asia’s Top Investment Bank With More M&A
Mizuho ranks 14th in the US for fee income from debt and equity capital markets, as well as M&A advisory...
Read moreDetails
Chinese Company SenseTime is on a Fast Track With AI Growth with the Backing of Beijing
SenseTime reported an income of 2.36 billion yuan for the six months ended June 30, which is a 35.6% increase...
Read moreDetails
XtalPi saw a 615% Increase in its Drug Revenue After a Blockbuster Deal with DoveTree
XtalPi’s net profit for the first half of the year, which was listed in Hong Kong in June 2024, reached...
Read moreDetails
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.
