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World Bank chief Ajay Banga eyes corporate philanthropy to raise funds

A panel appointed by Indian presidency of G-20 has estimated that $3 trillion is needed every year through 2030 for issues including debt relief to low-income countries and to fight climate change

Threads shows Meta founder Mark Zuckerberg is just another faddist

There's a good chance both Threads and ChatGPT will become irrelevant over time, thanks to the erratic approach of its CEOs

Rishi Sunak's popularity sinks to lowest since UK premier took power

Some 65% of Britons now have an unfavorable view of the prime minister compared with 25% who see him in a positive light, according to a YouGov poll of 2,151 British adults published Wednesday

Johnson&Johnson ordered to pay $18.8 mn in California talc-cancer trial

Jurors in state court in state court in Oakland concluded Tuesday that J&J's baby powder helped cause Anthony Hernandez Valadez's mesothelioma, a specific type of cancer linked to asbestos exposure

Jorge Mas: The billionaire who convinced Messi to pick MLS over Saudi

With Lionel Messi and Apple Inc. on his side, the 60-year-old construction executive is seeking to upend the business of US soccer and make it a lot more profitable

Billions in corporate debt: Wave of bankruptcies threatens global economy

Rising tide of distress is, of course, to certain degree by design. Caught by surprise as inflation surged, monetary policymakers have been aggressively draining cash from the world's financial system

A Japanese company bans late-night work. A baby boom soon follows

We set out to boost productivity but had no idea it would have an impact on the birthrate, says Fumihiko Kobayashi, Executive vice-president, Itochu

Tiff with Xi? The curious case of China's missing foreign minister Qin Gang

In that role, he's kept a busy schedule. The 57-year-old's longest previous absence was just eight days over the Lunar New Year Holiday, according to government records

UK set to win battle for electric Jaguar Land Rover battery plant

Tata has chosen a site in Somerset, west England, owned by Salamanca Group, an investment and advisory business with roots in real estate, people familiar with the plans said

Amazon.com Inc says its carbon emissions fell for first time in 2022

Amazon in recent years has been the biggest corporate buyer of renewable electricity

VC firm CoinFund raises $158 mn to back early-stage crypto startups

The New York-based firm had initially aimed for $125 million, but received more interest than expected, said Chief Executive Officer Jake Brukhman

Vistara prepares to merge staff into Air India as two carriers merge

Vistara, now co-owned by Tata Group and Singapore Airlines Ltd., will be folded into Air India under a deal announced in November, giving the Tatas more heft to go up against dominant IndiGo

Britain's food industry thinks worst inflation is over as costs stabilise

Britain's overall rate of inflation has remained stubbornly high this year. Economists expect it to dip to 8.2% on Wednesday

Food inflation still high worldwide; Venezuela, Lebanon worst hit

In real terms, food price inflation exceeded overall inflation in 79.8% from 163 countries where data are available, the World Bank said in its latest food security update

Singapore passport world's most powerful, replacing Japan: Henley Index

The US, which once topped the ranking nearly a decade ago, slid two places to eighth place

Janet Yellen sees disinflation pressures at work as hiring surge fades

The improvement in US inflation trends has contrasted with suggestions of outright deflationary risks in China

Foxconn buys worth $33 mn equipment from Apple for expansion in India

Apple Inc. tripled iPhone production and assembled more than $7 billion of iPhones in India last fiscal year, making almost 7% of its handsets in the country

BlackRock appoints Saudi Aramco's CEO Amin Nasser to its board: Report

Bader Al-Saad, director general and chairman of the Arab Fund for Economic and Social Development, won't stand for re-election to BlackRock's board next year, according to the statement

Evergrande Group pushes restructuring plan after $81 bn loss over 2 years

To implement one of China's largest debt restructurings ever, the company needs approval from at least 75% of each group of creditors

A 700% jump in tomato prices creates windfall for some Indian farmers

Retail prices of tomatoes were at 178 rupees ($2.20) a kilogram in Delhi on Sunday, a jump of more than 700% from Jan. 1, according to data compiled by the food ministry