Oxfam’s new report estimates that 54 percent of billionaire wealth is either inherited or stems from monopoly power.

A Russian court ordered Strabag and its Austrian core shareholders to pay 2.044 billion euros ($2.12 billion) to Russian ...

Nu Holdings Ltd , the fintech that created Latin America's most valuable lender in Nubank, is considering moving its legal ...

Marlene Engelhorn, heiress to a German fortune, joined protesters in Davos. She told BI the wealthy already hold too much ...

Discover the story of the Vickers 559, a British supersonic interceptor designed to outpace Soviet bombers. With advanced ...

The World Economic Forum has officially begun. What's at stake for the global development world? We bring you the chalet play ...

At current trends the charity Oxfam predicts up to five trillionaires are expected to emerge within the next decade.

OxFam International’s research adds weight to a warning by outgoing President Joe Biden last week of a “dangerous ...

As the World Economic Forum begins in Davos, business leaders are talking about what AI and Donald Trump will mean in 2025.

Billionaires' wealth soared in 2024, a top anti-poverty group said ahead of an annual gathering in Davos, Switzerland of some ...

Billionaires' wealth soared in 2024, a top anti-poverty group said ahead of an annual gathering in Davos, Switzerland of some ...

Billionaires' wealth grew three times faster in 2024 than the year before, while the number of the world’s poor has barely ...