Economy
From USA to India, ride hailing app cabs like Uber has transformed the mobility landscape globally and opened the door for competitors such as Lyft in the U.S. and Ola Cabs in India. Rashi Shrivastava and Madison Hall in USA with  Suryodoy Mandal in India report on how it is poised to grow even more. more
World Bank downgrades global growth forecasts, poorest countries hardest hit

New York, June 7 (JEN): The World Bank has lowered its expectations of global economic growth for this year in a new report. It says that, although the picture for poorer countries is exp ...

UN ‘financial crisis,’ years in the making, Guterres tells budget body, proposes solutions

New Delhi, June 7 (JEN): The UN’s financial crisis has been years in the making and is undermining the organization’s mandates and reform efforts, Secretary-General Antó ...

China-US trade talks conclude

Beijing, Feb 25 (Sputnik/IUNI): China and the United States have reached a significant progress at the latest round of trade talks in Washington, the Chinese Commerce Ministry said on Mon ...

‘New tech’ business model threatens decent work conditions, warns UN

New York: Unemployment is down globally but workers’ conditions have not improved, the UN said on Wednesday, warning that some businesses driven by new technology “threaten to ...

Global economy to see ‘steady’ growth of three per cent in 2019 despite risks, says UN

New York: The global economy grew at a “steady” 3.1 per cent last year and similar levels of growth are expected in 2019, but these headline figures mask growth that is uneven ...

Global creative economy shows resilience, growth: Report

Washington: With export growth rates of over 7% over 13 years, global trade in creative goods is an expanding and resilient sector buoyed by China, according to a new UNCTAD report.

World Bank President steps down, Chief Executive assumes temporary role

New York: The President of the World Bank, Jim Yong Kim, announced on Monday that he is stepping down, after more than six years in the role. Kristalina Georgieva, CEO of the World Bank C ...

Human rights on film: International festival celebrates mobile phone films for a cause

New York: In honor of the 70th anniversary of the Universal Declaration of Human Rights, marked 10 December, the United Nations has allied with the Mobile Film Festival to host a special ...

China agrees to reduce tariffs on US cars: Donald Trump tweets

Beijing/Washington: US President Donald Trump on Monday said China will 'reduce and remove' 40 percent tariff it had placed on American cars imported into China.