As the US doubles down on fossil fuels under Donald Trump, some economists warn that America risks falling victim to the same ...
The Iranian strikes on Gulf data centres have exposed a new geopolitical reality: the infrastructure underpinning AI, cloud ...
The UK spent its North Sea windfall while Norway chose to save its. With oil production declining and taxes rising, can ...
For as long as we transact and exchange services, money will power the world. That said, the nature of money has evolved over time, and it’s currently experiencing its biggest ever transformation – ...
There is growing recognition among corporations that climate change poses a considerable risk to their bottom line. Change is afoot – though so too is corruption Companies understand the impact that ...
When millions, or even billions, of dollars are up for grabs, some individuals are willing to play dirty to get their hands on them. Below, World Finance examines five of the biggest financial ...
Furniture giant IKEA is a company of two faces: its public image is one of determined commitment to charity and sustainability, but behind the scenes, the firm inexplicably operates as a non-profit ...
A new report published in October by the IMF predicts that within five years, Saudi Arabia will have used all of its cash reserves, and so will become bankrupt. The annual Regional Economic Outlook ...
On June 2, Barclays announced the sale of its outpost in Zimbabwe to Malawi-listed lender First Merchant Bank, a continuation of the bank’s exit from Africa. The price of the sale was not announced, ...
On January 16, French lens producer Essilor announced it will merge with Ray-Ban designer, Luxottica, in a deal worth €50bn ($53bn) – creating a powerhouse in the global eyewear market. [The merger ...
Astute observers will have noticed that the Dubai Financial Markets General Index in the UAE is up almost 30 percent in the past 12 months, with volumes rising by nearly a quarter. For comparison, the ...
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