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Global Business Magazine (the "Corporation"), a Dubai-based publication, brings readers global economic news, insightful analysis, and facts aimed at improving the global economy.

09/08/2025

According to a paper released by the government's antitrust authority COFECE, 21 Mexican banks and financial organizations are probably in charge of setting costs associated with deferred credit card payments.

The Mexican subsidiaries of HSBC, Santander, and Scotiabank are among the organizations and people allegedly implicated in the discoveries, which are detailed in a 649-page dossier. According to the paper, there is enough evidence to assume that the parties may have participated in anti-competitive behavior based on preliminary findings.

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06/08/2025

The government of New Zealand announced Monday that it could save about NZ$150 million ($90.2 million) for Kiwi customers by outlawing surcharges on the majority of in-store purchases made with debit and credit cards starting in May of next year.

The move comes after the Commerce Commission of New Zealand decided last year to reduce the costs local firms must pay to accept Visa and Mastercard payments.

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02/08/2025

To address long-standing economic disagreements at the core of the two nations' trade battle, senior U.S. and Chinese negotiators will meet in Stockholm on Monday with the goal of extending a truce that would prevent the imposition of drastically higher tariffs.

After Beijing and Washington reached a tentative agreement in June to cease weeks of rising tit-for-tat tariffs, China faces an August 12 deadline to secure a sustainable tariff accord with President Donald Trump's administration.

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30/07/2025

According to analysts, Norway's DNB is facing increased competition at home as a wave of savings bank consolidation starts to change the nation's banking environment at a time when declining interest rates are putting additional strain on profits.

Formation of mergers With gross loans of about 400 billion Norwegian crowns ($39.75 billion) apiece, Sparebanken Norge and SpareBank 1 Sør-Norge have established two lenders that are substantial enough to compete with DNB in catering to major enterprises.

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26/07/2025

With a number of industry partners developing projects using actual money and assets for the first time, Australia's central bank announced on Thursday that it was taking a significant step closer to a wholesale central bank digital currency (CBDC).

Five proof-of-concept use cases employing simulated transactions and 19 pilot cases involving money and assets will be tested as part of the Reserve Bank of Australia's "Project Acacia" project.

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23/07/2025

Following a media report stating that Brussels will order the Italian government to remove the constraints it has placed on the deal, shares of UniCredit, the country's second-largest bank, and Banco BPM, its takeover target, increased on Tuesday.

With a ruling anticipated this week, UniCredit has taken the government to court in an attempt to overturn the restrictions, arguing that the agreement cannot proceed until they are altered.

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19/07/2025

Concerns over tariff-driven inflation and indications of economic strength and labor market weakness caused division among Federal Reserve members during their June meeting regarding how aggressively they would be willing to lower interest rates.

Policymakers mostly adopted a wait-and-see stance toward future rate changes, according to minutes from the June 17–18 meeting that were made public on Wednesday.

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16/07/2025

The Central Bank of South Korea maintained its policy rate at 2.5% on Thursday while evaluating the effects of previous actions meant to calm the property market in Seoul.

According to Goldman Sachs, Seoul's housing prices increased by more than 19% annually in June, forcing financial regulators to take action to manage the fast growing number of household loans.

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12/07/2025

As tensions in the Middle East rise, Wall Street behemoth JPMorgan has limited employee travel in the region, and some large Japanese banks are thinking of withdrawing employees from the region.

Over the weekend, the US joined Israel in its military assault to destroy Tehran's nuclear capabilities by striking three strategic nuclear sites. Iran has promised to strike back.

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11/07/2025

Gain deeper insights into financial structure with these expert tips on Gross Leverage:
🔹 Define It Right: Gross leverage = total debt / EBITDA. It shows how much debt a company holds against its earnings.
🔹 Assess Risk Exposure: Higher leverage means higher risk, especially in uncertain markets.
🔹 Watch Debt Trends: Rising gross leverage may indicate aggressive expansion or liquidity issues.
🔹 Use Alongside Interest Coverage: Don’t view in isolation—pair with coverage ratios for a fuller risk picture.
🔹 Monitor Sector Norms: Some industries naturally carry more debt—context matters.

Track leverage closely—it’s a key signal for financial stability and investor confidence.

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09/07/2025

The Italian government sold a 15% share in Monte dei Paschi di Siena last year, and the European Commission is looking into the transaction because of allegations that big investors were excluded from the bidding process.

Without specifying which aspect of the procedure was being investigated, Milanese prosecutors were also investigating the sale of a portion of the bank to a select group of investors.

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07/07/2025

Want to know how well a company uses its assets? Here are key tips to analyze the Asset Turnover Ratio:
🔹 Know the Metric: It shows how efficiently a company generates revenue from its assets—higher is better.
🔹 Use Industry Benchmarks: Compare ratios within similar industries for accurate insights.
🔹 Track Over Time: A declining ratio may signal underutilized assets or operational issues.
🔹 Break Down by Segment: Analyze asset turnover per business segment to spot inefficiencies.
🔹 Correlate with Profit Margins: High turnover with low margins could still indicate a strong operational model.

Get smarter about business performance—asset efficiency matters more than you think.

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