The new leader of the World Bank said the lender needs to speed up project-approval times that now stretch for two to three years as it works to address trillion-dollar global challenges such as climate change and inequality.
Company is set to announce its first major new product in nearly a decade.
A $5.6 billion rally in K-pop stocks looks set to power on, as a growing global fan base fuels one of the hottest trades in South Korean equities.
Lululemon Athletica Inc. jumped the most in three years after posting a strong start to 2023 and projecting a better-than-expected full-year outlook — a sign of robust demand for the company’s pricey activewear despite emerging consumer weakness.
Novartis AG’s drug Kisqali reduced the risk of tumors recurring by 25% in a study that will help determine how patients with the most common form of breast cancer are treated.
All around the world, a backlash is brewing against the hegemony of the US dollar.
Poland’s leader proposed measures to soften parts of a controversial law that drew swift criticism from the US and the European Union this week, rowing back on legislation that critics called an abuse of power.
President Luiz Inacio Lula da Silva’s nominees for Brazil’s central bank board are unlikely to take office in time for the next interest rate decision, when policymakers could give the first hints of an expected monetary easing cycle.
Defense officials from around the world arrived in Singapore Friday, with US-China tensions over Taiwan, chip curbs and the South China Sea at the top of the agenda.
China is working on a new basket of measures to support the property market after existing policies failed to sustain a rebound in the ailing sector, according to people familiar with the matter.
