UN to vote on new tax convention proposed by African states
Developing nations hope draft resolution will pave way for fresh talks on global tax policy Developing nations are hoping to secure greater power over global...
Category : Business
Climate-focused reform of World Bank could be done in a year, says Al Gore
Former US vice-president says bank should refocus its spending and end its role in ‘fossil fuel colonialism’ Fundamental reform of the World Bank could be...
Russian oligarchs and companies under sanctions are among lobbyists at Cop27
The heavy presence of lobbyists from Moscow suggests Russia is using the climate talks to drum up business Cop27 live – latest news updates Russian...
Manslaughter trial over 2009 Air France crash begins with cries of ‘shame’
Anger as airline and Airbus plead not guilty to charge 13 years after flight AF447 crashed, killing 228 people A manslaughter trial over the 2009...
Rare ‘fancy vivid pink’ diamond sells for £52m in Hong Kong auction
Williamson Pink Star sets world record highest price per carat for a diamond sold at auction An extremely rare “fancy vivid pink” diamond has sold...
UN body reaches long-term aviation climate goal of net zero by 2050
Decision described as a compromise by several European countries who wanted a more ambitious target A United Nations body has agreed to a long-term aspirational...
World’s central banks financing destruction of the rainforest
Corporate bonds intended to inject liquidity into markets profited companies engaged in deforestation Some of the world’s biggest central banks are unwittingly helping to finance...
Apple shifts some iPhone 14 production from China to India
Move taken against background of China’s Covid lockdowns and geopolitical tensions between Beijing and Washington Apple has begun making iPhone 14s in India, as it...
Indigenous leaders urge businesses and banks to stop supporting deforestation
Amazon ecosystem is on verge of collapse, leaders tell brands such as Apple and Tesla as UN gathers in New York Indigenous leaders from the...
Lenders urged to cancel Zambia debt as country faces economic collapse
Economists accuse bondholders of standing to make huge profits at the expense of the crisis-hit country More than 100 economists and academics have urged international...