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Asian Development Bank gets $665 million for climate projects

ASEAN countries have a unique opportunity to build a green and inclusive future after the COVID-19 pandemic, ADB President Masatsugu Asakawa said

Yahoo pulls out of China amid increasingly 'challenging' environment

Yahoo is the second large US technology firm in recent weeks to reduce its operations in China

World's biggest shipper Maersk reports 68% increase in revenue

Maersk said its key ocean business is now expected to grow below the global container demand" amid uncertainty around the supply chain logjams

Covid-19's global death toll crosses 5 million in under 2 years

The death toll, as tallied by Johns Hopkins University, is about equal to the populations of Los Angeles and San Francisco combined

Govt asks ONGC to give 60% stake in mainstay oil fields to foreign firms

Production at Mumbai High and Bassein & Satellite offshore assets under state-owned firm is low, says letter by petroleum ministry.

Fossil fuel divestment campaign gathers momentum in philanthropy

The worldwide divestment campaign has sought commitments from universities, corporations and other entities

UK's Boris Johnson warns world leaders as climate summit begins

Johnson likened the Earth's position to that of fictional secret agent James Bond strapped to a bomb that will destroy the planet and trying to work out how to defuse it

Israel opens to solo tourists for first time since Covid pandemic

Travelers must show proof of vaccination, a booster shot, or recovery from coronavirus within the last six months

PM Modi arrives in Glasgow for COP26 summit, bilateral talks with Johnson

India's focus at the COP26 Summit will be on the country's "ambitious" NDC goals for the post-2020 period under the Paris Agreement

Saudi Aramco sees third-quarter income rise to $30.4 bn on oil price surge

CEO Amin Nasser describes the company's third-quarter results as "exceptional.

G-20 endorses global corporate minimum tax: What it means for business

It aims to deter multinationals from stashing profits in countries where they pay little or no taxes--commonly known as tax havens.

SpaceX delays astronaut flight due to rough weather conditions

Calmer conditions are expected Wednesday

UK to donate 20 mn shots of Astra Covid vaccine to developing countries

Johnson made the announcement as he arrived in Rome for a summit of Group of 20 leaders

Climate, Covid and corporate tax on the G-20 agenda at Rome summit

Italy is hoping the G-20 will secure key commitments from countries representing 80% of the global economy and responsible for around the same amount of global carbon emissions

Climate change reshaped Earth with extreme weather this year

There have been deadly floods in Belgium, Germany, China and Tennessee. Fire blazed in parts of the U.S. West, Greece and even the Arctic.

WHO director-general Ghebreyesus runs unopposed for 2nd five-year term

Tedros, an Ethiopian national who is the first African to head WHO, has overseen the agency's complex response to the Covid-19 pandemic

World faces shortage of syringes as coronavirus vaccine doses rise

The UN children's agency said the shortfall would affect up to 2.2 billion auto-disposable syringes that lock automatically to prevent them from being used again

Facebook, Google, Twitter set to face grilling by UK lawmakers

Representatives from Facebook, Google, Twitter and TikTok will be questioned by members of a parliamentary committee scrutinizing the British government's draft online safety legislation

Nokia third quarter profit beats expectations despite chip shortage

Sales were up 2% at 5.4 billion euros

Govt appoints veteran banker K V Kamath as chairperson of NaBFID

The institution has been set up to support the development of long-term non-recourse infrastructure financing.