Maersk to cut 10,000 jobs as shipping demand drops

Danish company has axed 6,500 of those roles already, with global economic slowdown taking toll

Russia has tightened capital controls to help prop up rouble, report says

Western companies that sell their Russian assets restricted from taking proceeds in dollars and euros

World Bank warns oil price could soar to record $150 a barrel

Escalation of Israel-Hamas war into Middle East-wide conflict would disrupt oil supplies and stoke food prices, says Bank

Young Europeans more likely to quit driving and have fewer children to save planet

Exclusive: Poll shows young people willing to make big lifestyle changes but baulk at smaller gestures

China launches tax investigations into Apple iPhone maker Foxconn

Tax audits and land use inquiries follow company founder announcing run for Taiwan presidency

EU-funded report calls for wealth of super-rich to be taxed, not income

Wealthiest 3,000 working on ‘edge of legality’ using shell companies to funnel dividends and own property to avoid income tax, says study

As a global energy crisis returns, the UK push for a green economy makes even more sense

Rishi Sunak’s decision to dilute net zero policies has become even more shortsighted

Escalating Middle East conflict could send global inflation soaring, says S&P

Global credit rating agency says further deterioration in Israel-Hamas war could raise oil prices with knock-on effect for inflation

How will the Israel-Hamas war affect oil prices and the global economy?

Economists are examining how the conflict could escalate as they plan for the next big global shock

UK inflation expected to fall to 6.5% in September

Fall from 6.7% in August signals prices are still rising as higher cost of oil feeds through

UK needs to rebuild global development reputation, admits Andrew Mitchell

Development minister’s comments at World Bank summit in Marrakech acknowledge effect of aid budget cuts

Rich nations, the IMF and World Bank are worried about the Israel-Hamas war, but not nearly enough

Just like the Yom Kippur war 50 years before, the current conflict represents a grave threat to an already fragile global economy

Africa’s ‘optimist-in-chief’ on the continent’s renaissance: ‘Don’t just believe me, believe the data’

In an exclusive interview, Akinwumi Adesina, head of the African Development Bank, says the outlook is good for a continent with the workers of the future and the best investment opportunities

IMF should give poor countries $300bn a year to fight climate crisis, says Joseph Stiglitz

Developing nations need equivalent of US Inflation Reduction Act, says Nobel prize-winning economist

Shocks are new normal for weakened global economy, says IMF head

Kristalina Georgieva says fund had been conducting ‘thinking the unthinkable’ scenario-planning before Israel-Hamas war began