Get latest articles and stories on World at LatestLY. A court in the Russian city of St. Petersburg has ordered the seizing of assets of Germany's Deutsche Bank and Commerzbank in the country, the Russia state news agency Tass says. The…
The World Bank has announced that it will issue its first CHF digital bond on June 11. This 7-year, CHF 200 million ($219 million) bond is the largest CHF issuance by the World Bank since 2009. It utilizes distributed ledger technology and…
Boxing royalty like Mike Tyson , Anthony Joshua and Lennox Lewis have already had their say on how they think the fight will pan out, with the world tuning into Saudi Arabia tonight.
Get latest articles and stories on World at LatestLY. The Asian Development Bank (ADB)'s partners committed USD 16.4 billion in cofinancing in 2023, up by 44 per cent from the previous year.
A consortium led by the World Bank has agreed to lend Namibia $139M to harness its potential as Africa’s largest wind and solar powerhouse. Namibia ... Read more
Fred Kerley has shown a lot of consistency during his outdoor season. He has never finished outside of the top three in a race, and he is also setting fast sprint times. However, the 29-year-old is still looking for a win, like he did at…
The World Bank has predicted that Nigeria and other countries in African are still under intense and high risks over debt distress. Despite the threat, it, however, said the continent would record a decline in their public debt in 2024. In…
The financial sector is among the world's most heavily regulated industries—and for good reason. Financial rules, which force banks to hold capital in reserve when making riskier investments, are designed to prevent financial crises. Other…
Since the Paris Climate Agreement, banks together have funneled trillion into fossil fuel companies, according to the 15th Banking on Climate Chaos report. Last year, JPMorgan Chase was the No. 1 fossil fuel financier in the world. Some of…
There is no large international bank without a net-zero plan. These plans invariably include curbs in lending to the oil and gas industry. Yet despite these plans. Most of the world’s top lenders continue doing business with the oil…