The World Bank has announced that it has raised close to $24bn to provide loans and grants for some of the world’s poorest nations, which it can leverage to generate…
Category: Business News
India: Marketing ethics get the spotlight
The rapper Snoop DoggSnoop Dogg made headlines last year for announcing that he would be “giving up smoke”, only to reveal that he was actually talking about using a smokeless fire…
Brazil: Bad weather pushes coffee prices to record high
Coffee drinkers may soon see their morning treat get more expensive, as the price of coffee on international commodity markets has hit its highest level on record. On Tuesday, the…
China: Authorities investigate Nvidia over anti-monopoly laws violations
China has launched an investigation into US computer chipmaker Nvidia, targeting one of America’s leading tech companies over alleged violations of anti-monopoly laws. The probe marks the latest salvo in…
UK: Ex-BBC journalist Duncan Bartlett jailed for child sex offences
A former BBC journalist has been jailed for eight years for a string of child sexual abuse offences. Duncan Bartlett, 52, was jailed at Wood Green Crown Court in north…
USA: Amazon and eBay to pay ‘fair share’ for electrical waste recycling
Online marketplaces such as Amazon and eBay will have to pay their “fair share” of the costs of recycling electrical waste under new government proposals. Circular economy minister Mary Creagh…
Japan: Bank boss takes pay cut after employee ‘tried to kill clients’
The boss of Japanese bank Nomura has taken a short-term pay cut after a former employee was charged with robbery of bank clients, attempted murder and arson. The worker allegedly…
UK: Average house price hits record high of £298,083
UK house prices rose at their fastest monthly rate of the year in November with further increases expected next year, the Halifax has said. The UK’s largest mortgage lender, part…
Uruguay: EU signs trade deals with South America’s biggest economies
The European Union has signed a trade deal with four of South America’s biggest economies. European Commission president Ursula von der Leyen called the agreement a “truly historic milestone” in…
USA: Jury awards $300m payout to family of teen who died on Orlando ride
A Florida jury has ordered an amusement ride manufacturer pay $310m (£243m) to the family of a teenage boy who fell to his death on their drop ride at an…