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World Bank must take ‘quantum leap’ to tackle climate crisis, UN expert says

Simon Stiell calls for reform at development banks to enable governments to provide more climate finance to developing world

Global economic risks ‘could eclipse anything since second world war’, says JP Morgan boss

In annual letter to investors, Jamie Dimon warns ‘wars in Ukraine and Middle East could become far worse’

Jaguar Land Rover sales jump 22%; 15 Ted Baker stores to close, with 245 job losses – as it happened

Rolling coverage of the latest economic and financial news

Food inflation in world’s rich nations falls to pre-Ukraine war levels

Rate declines for 15th consecutive month across 38 OECD countries from 6.3% in January to 5.3% in February

Dysfunction and division darken the WTO’s 30-year dream of free trade

As the organisation’s anniversary nears, borders around the world are closing again

Baltimore bridge collapse: US braces for supply chain disruption

Downing of Francis Scott Key Bridge disrupts shipping of cars and parts and risks loss of Baltimore’s cargo trade to other ports

World’s largest solar manufacturer to cut one-third of workforce

China’s Longi looks to slash costs as renewable energy sector faces tough headwinds from inflation

Talk of a soft landing for the global economy is premature – many dark scenarios are lurking

Big obstacles to rising living standards remain, from populism to protectionism, military conflict to the climate crisis, and China to Wall Street

Tackling inequality vital for next century of growth, IMF head says

Kristalina Georgieva invokes John Maynard Keynes as she says fostering fairer economy would raise living standards ninefold

Growing gulf between rich and poor countries ‘recipe for much darker future’, says UN

Human development report finds the pandemic, conflict, globalisation and populism have combined to disproportionately affect lower-income countries

The Guardian view on supply chains: not only just in time, but just in case

Editorial: Countries are placing a higher priority on resilience and security in the wake of the pandemic and as tensions grow

Kristalina Georgieva wins backing to run for second term as IMF chief

Bulgaria’s ‘eternal optimist’ in favour with European finance ministers after first five-year stint encompassing Covid and Ukraine

No equality for working women in any country in the world, study reveals

Global gender gap is far bigger than previously thought, as annual World Bank report takes childcare and safety issues into account for first time

Clare Lombardelli named deputy governor of Bank of England

Ex-Treasury official and adviser to David Cameron will replace Ben Broadbent, making MPC majority female for first time

More than half of UK exporters affected by Houthi disruption, survey shows

Costs are escalating amid delays, according to British Chambers of Commerce research that shows UK retailers have also been hit

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  • Rip out ugly clutter to help revive UK high streets, says thinktank
  • Microsoft outage shakes up companies, schools and local governments across US
  • Nvidia scandal: US treasury chief blames Lutnick’s commerce department over alleged lack of action
  • Microsoft scrambles to fix global outage affecting Teams and Outlook
  • Home sales hit 16-year low in October amid soaring mortgage rates
  • A global Microsoft 365 outage has hit millions – what happened and when will it be fixed?
  • Jaguar Land Rover reports £451m quarterly loss after cutting 4,000 jobs
  • UK-EU deal will ‘dissolve’ £60m a year of costs for plant trade, says Angela Eagle
  • UK’s biggest insurer hit by rise in subsidence claims after record hot summer
  • Global oil supply returns to surplus for first time since start of Iran war, says IEA
  • Farewell, Cybertruck: why the winding down of the ‘Maga hat on wheels’ is a sign of the times
  • Calls for crackdown on China chip exports – as it happened
  • ‘They’ve cut all entry-level jobs’: unlikely seaside town on frontline of AI threat
  • World is now in ‘age of electricity’, energy agency chief says
  • A timeline of the affair scandal that sank Nvidia’s Jensen Huang
  • Family Dollar to pay $63m to settle overcharging allegations
  • Jensen Huang resigns as Nvidia CEO after alleged affairs
  • Nvidia turmoil continues as Jensen Huang resigns over affairs scandal and company appoints interim CEO – as it happened
  • The Guardian view on venture capitalism: investor profits are no industrial strategy
  • Jensen Huang was a busted flush at Nvidia – he had to go
  • Jensen Huang built an AI kingdom. Now he’s gone, will Nvidia’s ramparts be breached?
  • UK car industry to press EU for two-year delay to Brexit EV tariffs
  • From washing dishes at Denny’s to rockstar of AI: the rise and fall of Nvidia’s Jensen Huang
  • New allegations against convicted rapist Ralph Carr revealed: ‘I was blacking out while saying no’
  • Poundland owner secures two extra weeks to ensure retail chain’s survival
  • AI helped UK defy expectations – but will economy’s resilience fizzle out?
  • Metro Bank up for sale, with billionaire investor in line for £420m windfall
  • Burberry returns to profit as sales soar, from £85 socks to £9,000 coats
  • College students rally in support of Starbucks baristas urging boycott over contract negotiations
  • UK drone maker founded by Ukrainians hits £4.5bn value after raising £500m

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