LONDON – Prime Minister Rishi Sunak congratulates Chancellor of the Exchequer Jeremy Hunt after he delivered his autumn statement to MPs in the House of Commons, announcing a host of tax rises and spending cuts in an effort to balance the country’s finances. House of Commons/PA Images via Getty Images …

A “mild recession” is on the cards, according to Commerzbank CEO Manfred Knof. Picture Alliance | Picture Alliance | Getty Images Commerzbank CEO Manfred Knof says the bank has prepared for an uplift in nonperforming loans, but the situation is “definitely not a disaster or default issue” as a “mild …

Doug Leone, managing partner at Sequoia Capital LLC, speaks during the Bridge Forum conference in San Francisco, California, U.S., on Wednesday, April 17, 2019. The event brings together leaders in finance and technology from Asia and Silicon Valley to connect and share insights. David Paul Morris | Bloomberg | Getty …

Vladimir Vladimirov | E+ | Getty Images With the holiday season about to be in full swing, the giving spirit is likely to follow. If you’re among those who plan to make charitable donations before the end of the year, it’s worth making sure you know exactly where your money …

Climate scientists described the shocking images of gas spewing to the surface of the Baltic Sea as a “reckless release” of greenhouse gas emissions that, if deliberate, “amounts to an environmental crime.” Anadolu Agency | Anadolu Agency | Getty Images Sweden’s prosecutor’s office said Friday that an investigation into gas …

Malaysia’s nationalist UMNO party said its rivals are driving a “campaign of fear” against the ruling Barisan Nasional coalition in the lead-up to Saturday’s elections and this could cost Malaysians.  Speaking to CNBC on Friday, UMNO’s information chief and former economic director at the prime minister’s department, Shahril Hamdan acknowledged …

Ray Dalio, founder of Bridgewater Associates, received an award from the China General Chamber of Commerce-USA in February 2022. China News Service | China News Service | Getty Images BEIJING — American billionaire Ray Dalio said while he’s far less familiar with China’s new leadership team than prior officials, he …

A GoTo logo seen displayed on a smartphone screen and in the background. Rafael Henrique | Sopa Images | Lightrocket | Getty Images Indonesian tech giant GoTo Group announced Friday that it is laying off 1,300 people, or around 12% of its total headcount. GoTo is the merged entity of …

A general view of the skyline from the Doha Corniche on March 31, 2022. Nick Potts – Pa Images | Getty Images The Dubai-based rideshare app Careem is offering inter-country taxi journeys for the 2022 World Cup in Qatar, as millions of soccer fans from around the world descend on …

A hydrogen bus photographed in Poland. Hydrogen has a diverse range of applications and can be deployed in a wide range of industries. Dominika Zarzycka | Nurphoto | Getty Images Hydrogen use by the G-7 could jump by four to seven times by the middle of this century compared to …