While only about three percent of world population live in a country they were not born in, global migration plays a key role in the fight against poverty, a new World Bank Report finds. The report, Moving for Prosperity: Global Migration and Labor Markets shows that millions of migrants are...
By Karl Mathiesen, Climate Home News Italian-American carmaker Fiat Chrysler will stop producing diesel-fuelled passenger vehicles within three years, its CEO said on Friday. Sergio Marchionne, in his last major presentation before his retirement, told a shareholder conference that the company would make its last diesel car in 2021. The company will continue...
About $160tn -- twice the value of global GDP -- would be added to the global economy if there is equal pay if there is equal pay for for equal work among men and women, a new study by the World Bank has said. This would mean, on an average,...
While several human rights defenders who fight against a local lead-smelting plant accused of environmental pollution in Kenya's Mombasa have been having been facing harassment and intimidation, the United Nations human rights experts have called for their greater protection. The activists who fear for their lives since an initial court...
Starbucks, a leading coffee shop chain in the US, closed down its more than 8,000 shops on Tuesday to give its staff racial bias training, in the aftermath of an incident in one of its outlets in Philadelphia where two black men were arrested after staff wrongly accusing them of trespassing...
Most of the western consumers buying talcum powder are indirectly funding terrorism, as much of the talcum come from mines in Afghanistan that are controlled by the ISIS or Taliban, a new study claims. A new report by Global Witness, which has spent months on the study, says that the...
Eleven people have been killed in Tamil Nadu after police open fired at violent protesters demanding the closure of-a copper smelter run by Vedanta Resources, blaming it for extensive pollution in the area. Officials say that protesters waving black flags stormed the district government headquarters and an apartment block for...
The New York Stock Exchange will get its first woman head, as the 226-year-old institution appointed Stacey Cunningham, currently the chief operating officer, to be its 67th president. Cunningham, who started as an intern at the NYSE in 1994, will replace Thomas Farley, who joined in 2013. While she takes the charge...
About 150 million out of the 220 million credit-eligible consumers in India has not taken any loans from financial institutions and lending to this section of people could offer significant growth opportunities for retail lenders and boost the economy, says a new study. According to the TransUnion-CIBIL study, only 72 million...
The United Arab Emirates will allow full foreign ownership in companies in the country, the government has announced, as it seeks to attract more foreign capital to the economy, second biggest in the Gulf. The country will also grant long-term visas to some investors and professionals, the state-run WAM news agency...

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