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A world that's more expensive is starting to destroy demand

Global food prices set a record last month, according to UN, as Russia-Ukraine invasion disrupted shipments from countries that, together, supply 1-quarter of world's grain and much of its cooking oil

Mandela's arrest-warrant NFT raises $130,000 to help fund heritage site

Mandela, the anti-apartheid activist who emerged from 27 years in prison to become South Africa's first Black president, was arrested in 1962 for conspiring to overthrow the White-minority government

20% tax on billionaires and unrealised gains in Biden's budget proposal

The plan - called the "Billionaire Minimum Income Tax" by the White House - represents the most aggressive proposal by the administration yet in efforts to tax the wealthy.

China says no trace of explosives found in jet crash samples

Some 24,000 pieces of wreckage have been retrieved, officials said, and remains of 120 people have been identified

Biden calls Putin 'butcher' in visit with Ukrainian refugees in Warsaw

While Biden was visiting the Polish capital, reports on social media and television images showed large plumes of smoke rising over Lviv on Saturday

Sri Lanka facing 'solvency' issues due to unsustainable debt levels: IMF

A summary of the IMF report released earlier in the month said Sri Lanka faced unsustainable debt levels and needed a 'credible and coherent' strategy to restore stability

China economy faces worst slowdown since Covid pandemic, says Nomura

China's economy faces its worst downward pressure since the spring of 2020 when it was hit by the first wave of Covid-19, according to Nomura Holdings Inc

Commodity prices set for 'best year since 1915': Report

A flurry of factors, such as the pandemic, lockdowns, civil unrest, war, excess monetary and fiscal stimulus and broken supply chains have resulted in epic inflation, BofA analysts said

Air India may buy large jets worth $10 bn, says enginemaker

'I think they (Tata Group) are looking at something up to 30 aircraft, could be as big as that, which is a big order,' says an executive of Rolls-Royce Holdings Plc

New EU rules regulating US tech giants likely to set global standard

The Digital Markets Act (DMA) sets out a list of dos and don'ts targeting each tech giant's core business practices

US dollar's dominance is being stealthily eroded, says IMF report

Reserve managers have moved out of dollars in two directions, with one quarter headed into the renminbi and three quarters into currencies of smaller countries

Imran's fall from grace is his own fault and tragic for Pakistani democracy

Even if he survives, he will find his political capital severely dented - and be even more in debt to the military

Russian tycoons now $8.3-billion richer as stock trading resumes

Scores of Russian billionaires got sanctioned by the EU and the UK after the Kremlin started its war against Ukraine

Here's everything we know about the China plane crash so far

Shocking footage captured by a mining company's surveillance camera appeared to show the flight's final chilling seconds

Ukraine President's virtual world tour proves a new weapon in Russia war

Badly out-gunned by Russia on land, in the air and at sea, the information war is the one arena in which Ukraine is clearly winning

China's Xi Jinping leaves Zelensky out of Ukraine diplomatic push

Zelenskiy aide Andriy Yermak on Tuesday called for an exchange with Xi sometime "very soon"

First wildlife bond issued by World Bank to save Africa's black rhino

The World Bank said it has priced the world's first wildlife bond, raising $150 million that will be partly used for the conservation of black rhinos in South Africa

Rajesh Jain, pioneer of India's dotcom era, preps IPO for second startup

Rajesh Jain, 54, a pioneer of India's internet industry, is readying his second startup Netcore Cloud Pvt. for an initial public offer within the next year

Tencent Holdings's revenue grows at slowest pace in 2 decades

Tencent Holdings's revenue grew at the slowest pace since its 2004 listing, showing the financial toll of China's crackdown on its most lucrative businesses from gaming to advertising.

Billions at stake: Wall Street scrambling for the exit

The past few weeks have been a frantic dash to understand and implement sanctions that are being continually updated by jurisdictions including the US, UK and the European Union