Showing 1 - 10 of 590
Global debt dominates G20 finance talks
AFP, Published on 17/07/2023
» GANDHINAGAR, India: G20 finance ministers and central bank chiefs opened talks Monday on debt restructuring deals, multilateral bank reform and finance to tackle climate change, as they aim to bolster a sagging global economy.
Maritime industry agrees on carbon-reduction target
AFP, Published on 07/07/2023
» LONDON: The International Maritime Organization, overseer of the highly-polluting shipping industry, sealed a landmark deal Friday to improve its target to cut carbon emissions but green campaigners said it fell far short.
Carbon 'capture' tech is booming, and confusing
AFP, Published on 04/07/2023
» PARIs: Humanity's failure to draw down planet-heating carbon dioxide emissions — 41 billion tonnes in 2022 — has thrust once-marginal options for capping or reducing CO2 in the atmosphere to centre stage in climate policy and investment.
China censors top financial pundit over economy comments
AFP, Published on 27/06/2023
» BEIJING: A prominent Chinese financial journalist who has compared the country's economic problems to the Great Depression has been banned from social media.
Chinese imports of Russian oil at post-invasion high
AFP, Published on 20/06/2023
» BEIJING: Chinese imports of Russian oil last month hit their highest level since Moscow's February 2022 invasion of Ukraine, customs data showed Tuesday, as Beijing offers an economic lifeline to an increasingly isolated Kremlin.
Paris Air Show back with climate, defence in focus
AFP, Published on 19/06/2023
» PARIS - The Paris Air Show opens Monday after a four-year break with the aerospace industry bouncing back from the Covid-19 pandemic but under pressure to slash its carbon footprint.
Asian markets fail to build on rally with eye on China policy
AFP, Published on 19/06/2023
» HONG KONG: Markets saw a limp start Monday as traders turned more cautious after last week's rally, with eyes on China as speculation grows that officials will unveil a raft of economic stimulus measures.
OECD lifts world GDP growth forecast to 2.7%
AFP, Published on 07/06/2023
» PARIS: The OECD slightly raised its growth outlook for the world economy on Wednesday as inflation eases and China has dropped Covid restrictions, but it warned the recovery faces a "long road".
Air travel to soar near record in 2023: industry group
AFP, Published on 05/06/2023
» ISTANBUL: Airlines will return to profit and fly a near-record 4.35 billion passengers this year, but the sector's post-pandemic recovery remains fragile, an industry group said on Monday.
Saudi Arabia slashes output further to boost oil price
AFP, Published on 05/06/2023
» VIENNA - Riyadh on Sunday announced a fresh oil output cut following a meeting of major producers aiming to prop up prices despite fears of a recession.