IBT Staff Reporter

World leaders, financiers and chief executives said they were leaving this week's World Economic Forum with an urgent sense of the need to reboot and redefine 'globalization'.

Leading Colombian presidential candidate Gustavo Petro is roundly critical of the U.S.-led war on drugs and has questioned the extradition of a drug kingpin, views that may herald a shakeup of how the Andean nation battles the narcotics industry.

Louvre ex-director charged in art trafficking case

Alibaba profit slumps nearly 60% as tech crackdown, Covid bite

Southeast Asia and Latin America are strong growth regions for Mastercard after its withdrawal from Russia in March and India's 2021 ban on it from issuing new cards, the company's co-president for international markets said.

Southeast Asia and Latin America are strong growth regions for Mastercard after its withdrawal from Russia in March and India's 2021 ban on it from issuing new cards, the company's co-president for international markets said.

The Bank of Canada will hike its overnight rate by 50 basis points on June 1, according to all 30 economists polled by Reuters, who see interest rates at least a half-point higher by year-end than predicted just one month ago.

Financial inclusion levels in Mexico have worsened since 2018, official statistics show, despite a burst of financial startups hoping to 'bank the unbanked'.

Just two weeks in office, South Korean President Yoon Suk-yeol faces clouds over his political honeymoon after a second cabinet nominee withdrew from consideration due to allegations about favouritism in university admissions.

Party or not? Couples in Ukraine face wedding quandary

Heavy fighting raged in eastern Democratic Republic of Congo on Thursday between the army and M23 rebels, who are waging their most sustained offensive since a 2012-2013 insurrection that briefly overran the major city of Goma.

Hundreds of health ministers and diplomats from around the world meet in Geneva this week for the World Health Organization's first in-person assembly in three years as the U.N.

Since ascending the throne 70 years ago, Britain's Queen Elizabeth has become one of the world's most famous figures.

Lithuania's parliament on Thursday voted to accept a draft bill legalizing same-sex civil partnerships for further debate, after voting down a similar bill in May 2021.

Alibaba Group on Thursday said it would not provide a forecast for the current fiscal year because COVID-19 risks clouded its outlook, after reporting its slowest quarterly revenue growth since going public in 2014.

Broadcom Inc said on Thursday it will acquire cloud computing company VMware Inc in a $61 billion cash-and stock deal, the chipmaker's biggest and boldest bid to diversify its business into enterprise software.

Is Ukraine the attack helicopter's grave?

U.S. stock indexes climbed on Thursday after upbeat annual forecasts from several retailers, while data confirmed the U.S.

U.S. stock indexes climbed in a broad-based rally on Thursday after upbeat annual forecasts from several retailers, while data confirmed the U.S.

Macy's Inc raised its annual profit forecast on Thursday, helped by strong demand for high-margin apparel from consumers returning to weddings and other social events, even as red-hot inflation saps consumer spending power.

Southwest Airlines Co and JetBlue Airways Corp on Thursday gave upbeat revenue forecasts for the current quarter on strong travel demand, despite concerns that rising inflation may weigh on consumer spending.

Hungary's blue-chip stocks slumped on Thursday, with oil and gas group MOL and OTP leading losses after Budapest said it would impose windfall taxes on banks' and companies' "extra profits" to plug a budget gap.

The World Economic Forum will revert to January for its 2023 annual meeting in the Swiss ski resort of Davos after moving to the spring for the first time due to the coronavirus pandemic.

Eulalio Diaz Jr. walked into the classroom where 19 children and two teachers were shot to death just a few hours before, looked down on the floor and saw one of his high school classmates.

Eulalio Diaz Jr. walked into the classroom where 19 children and two teachers were shot to death just a few hours before, looked down on the floor and saw one of his high school classmates.

The United States does not seek to sever China from the global economy, but wants Beijing to adhere to international rules, U.S.

The United States will not block China from growing its economy, but wants it to adhere to international rules, Secretary of State Antony Blinken said on Thursday in a long-awaited speech on U.S.

After long trek to Davos, Ukrainians await more Western aid

Vanguard, the world's second-biggest asset manager, said it expects nine funds managing $290 billion to reach the world's climate goal by 2050 and be at least half way there by 2030, drawing criticism from campaigners for a lack of ambition.