CNBC World News

World Bank needs investments from the private sector to steer greater change, says president

Sanctions imposed by the West on Russia are pushing the BRICS nations closer, said executives at the recent annual APPEC conference.

The move comes just months after announcing a June announcement that Zhang was departing as chairman and CEO of Alibaba Group to focus on the cloud intelligence unit.

Traditional automakers are looking to boost the software and driverless features of their cars in a bid to catch up to Tesla and appeal to Chinese consumers.

The window to leave Russia is shrinking. But by staying put, companies risk getting caught in a geopolitical crossfire.

"In our view, the actions of the ... Bank of England could again mark the bottom of the market," says Christopher Mahon of Columbia Threadneedle.

Earlier this year, the Singapore Tourism Board installed solar panels at the pit building, while track lights are being replaced with LED.

This Biden meeting is part of the dozen or so bilateral meetings Modi planned for this weekend, underscoring India's strategic ambitions as a key global player.

There were fears Delhi negotiators and diplomats might not be able to broker a consensus at this year's meeting due to Russian and Chinese objections on the reference to the ongoing war.

U.S. President Joe Biden and Indian Prime Minister Narendra Modi announced a plan to develop a network of railways and sea routes.

A stellar Indian economic trajectory will be an important driver for global growth, said S&P Global.

To markets already jolted by a downbeat August and desperate for more signs of the interest rate trajectory, good news was bad news and bad news was bad news.

Virtual reality technology from Meta and other companies is finding its way into hospitals and medical schools even as it struggles to find consumer traction.

Quality of life, bitcoin-friendly tax laws and a huge influx of expats have made Lisbon one of the crypto capitals of the world.

The widely-anticipated move underscores India's wide-ranging agenda to elevate the global multilateral forum's focus on the Global South in its presidency of the G20 this year.

Cryptocurrency company Ripple on Friday it will acquire Fortress Trust, a startup specializing in crypto infrastructure.

Apple is hoping that its new iPhones can bust a sales slump, fend off renewed competition from Huawei, and persuade owners of Android phones to switch.

An analysis found hotels in states Swift visited did notably better than the national average.

Soccer in Saudi Arabia has entered a new era — the era of having global superstars play on Saudi turf.

Roblox's new updates include letting premium subscribers create and sell 3D goods, enabling users to make phone calls, and giving developers subscription tools.