IMF flashes financial risk warnings but urges continued inflation fight

WASHINGTON – The International Monetary Fund warned on Tuesday that lurking financial system vulnerabilities could erupt into a new crisis and slam

Credit Suisse rescue receives initial snub from Swiss parliament

BERN – Switzerland’s parliament on Tuesday failed to approve the 109 billion Swiss francs ($120.5 billion) of financial guarantees used to rescue

World Bank chief says Western European countries need to help fund Ukraine reconstruction

WASHINGTON – The World Bank is ready to do its part in rebuilding Ukraine after the devastation of Russia’s invasion, but international

Wind and solar hit record 12% of global power generation last year

LONDON – Wind and solar energy represented a record 12% of global electricity generation last year, up from 10% in 2021, a

South Korea fines Google $32M for blocking games on competing platform

SEOUL — South Korea’s antitrust regulator has fined Alphabet, Inc.’s Google 42.1 billion won ($31.88 million) for blocking the release of mobile