Billionaires' wealth soared in 2024, a top anti-poverty group said ahead of an annual gathering in Davos, Switzerland of some of the world's political and financial elite.

A latest inequality report revealed a major prediction that within the coming decade approximately five renowned personalities on this planet can eventually become trillionaires.

Billionaire wealth skyrocketed by USD 2 trillion in 2024, highlighting increasing inequality. Oxfam's report underscores the growing gap, with Asia contributing USD 299 billion. The wealth gap is fueled by inheritance,

Five people are expected to amass at least $1 trillion in wealth within the next decade, if current trends continue, according to Oxfam’s annual inequality report, released Sunday. Tesla and ...

According to the anti-poverty group Oxfam International, billionaire wealth surged by $2tn (€1.93bn) in 2024, equivalent to roughly $5.7bn (€5.5bn) a day, three times faster than the year ...

World leaders have gathered for the World Economic Forum annual meeting in Davos, Switzerland. One of their main goals is to align their responses to geopolitical shocks such as floods and wildfires that hamper trade,

After my husband left me, I found solace in a virtual companion—and realized AI's true potential might be in emotional labor.

Former U.S. President Donald Trump has re-designated Yemen's Houthi movement as a 'foreign terrorist organization', resulting in harsher economic penalties. The move aims to address the group's attacks in the Red Sea,

Billionaire's wealth has grown faster last year, and now the world can expect at least 5 trillionaires within a decade, even as the number of people in poverty has barely budged since 1990

Uhuru Kenyatta, Kenya's former president, told African leaders to consider Trump's freeze on foreign aid as a "wake-up call."

Unit4, a leader in enterprise cloud applications for people-centric organizations, today released findings from an IDC InfoBrief, sponsored by Unit4, entitled "The Path to AI Everywhere: Exploring the Human Challenges,

As the global political economy faces a critical test, global leaders should urgently prioritise strengthening democratic governance and social safeguards in trade rather than undermining them. ITUC General Secretary Luc Triangle took this key message to the 2025 World Economic Forum (WEF) Annual Meeting.