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Richest oil states should pay climate tax, says Gordon Brown

Sep 25, 2023

The world's richest oil states should pay a global windfall tax to help poorer nations combat climate change, ex-PM Gordon Brown has said.

The shadowy Chinese firm that owns chunks of Cambodia

Sep 25, 2023

The highway runs through the forest like a black ribbon, down to the sea and to what must be one of the world's largest tourism projects.

Hollywood writers in deal to end US studio strike

Sep 25, 2023

Screenwriters in the US say they have reached a tentative deal with studio bosses that could see them end a strike that has lasted nearly five months.

U.S. job growth slowed sharply to 177,000 in August, below expectations, ADP says

Sep 20, 2023

Job creation in the United States slowed more than expected in August, according to ADP, a sign that the surprisingly resilient U.S. economy might be starting to ease under pressure from higher interest rates.

Black unemployment rate declines in August, even as it rose across the board

Sep 20, 2023

The unemployment rate for Black workers slipped in August, bucking the broader trend of a higher overall jobless rate.

‘Very stupid’: Italy’s bank tax remains controversial as government scrambles to update it

Sep 20, 2023

Italy’s shock tax on banks continues to prove controversial, even as the government insists it can improve it.

Fears over access to credit hit highest level in more than a decade, New York Fed survey shows

Sep 20, 2023

American consumers are worried about access to credit amid persistently higher interest rates and tighter standards at banks, according to a New York Federal Reserve survey released Monday.

August core inflation, excluding food and energy, rose 0.3%, hotter than expected

Sep 20, 2023

Inflation posted its biggest monthly increase this year in August as consumers faced higher prices on energy and a variety of other items.

Shipping giant Maersk unveils world’s first vessel using green methanol

Sep 20, 2023

Copenhagen, DENMARK — Shipping giant Maersk on Thursday presented its first container vessel moved with green methanol, a landmark moment for one of the world’s most polluting industries.

August wholesale inflation rises 0.7%, hotter than expected, but core prices in check

Sep 20, 2023

Inflation at the wholesale level rose more than expected in August, countering recent data showing that price increases have tempered lately.

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