Bank CEO salaries saw their pay rise on average during the pandemic. The salary of the CEO of Capital One Financial Corp. alone soared 161%
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The super-rich choose Singapore as the safest place in the world
When car dealer Keith Oh from Singapore first read the message on Facebook, he was not sure if it was real
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"Debt relief implies downgrade because governments lose control," Considers Moody's
Moody's rating agency argues that a downgrade for countries seeking debt relief is inevitable because it is the creditors' committee that decides on restructuring
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Africa in "urgent" need of 20 million second doses of vaccine, warns WHO
Africa needs at least 20 million doses of the AstraZeneca/Oxford vaccine in the next six weeks to be able to give second doses to everyone who received the first
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African Union "disappointed" with IMF's value for Africa
The president of the African Union said Thursday he is "disappointed" with the IMF's $33 billion in Special Drawing Rights (SDR)
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Afreximbank raises funds on the financial markets
The African Export-Import Bank (Afreximbank) raised $1.3 billion this week
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Global market made 46.63 billion euros from carbon taxes
The global market managed, over the year 2020, to bill 46.63 billion euros in revenue raised through corporate carbon emission taxes
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European Union wants to bring vaccine production to Africa
"We are working on an initiative to invest €1 billion from 'Team Europe' to develop vaccine manufacturing in Africa, the capacity itself in Africa
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IMF proposes 41 billion plan to end pandemic
The IMF proposes a plan to end the pandemic with estimated funding of $50 billion and a goal of vaccinating 40% of the world's population this year
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"Flawless" pink diamond raised at auction for $29.3 million
The 15.81-carat Sakura gem sold for $29.3 million in Hong Kong, making it the most expensive purple-pink diamond sold at auction