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I have always worked twice as hard as men to be equal, IMF chief says

Georgieva says she had to work “twice as hard” to be equal to her male colleagues. Drew Angerer / Staff / Getty Images International Monetary Fund Managing Director Kristalina Georgieva told CNBC she has always worked “twice as hard” to be equal to her male colleagues. “I don’t want my …

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Adidas warns of first annual loss in three decades and cuts dividend after Ye split

“The numbers speak for themselves. We are currently not performing the way we should”, Adidas CEO Bjørn Gulden said in a press release. Jeremy Moeller / Contributor / Getty Images Adidas on Wednesday reported a big fourth-quarter loss and slashed its dividend after the costly termination of its partnership with …

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China’s renewables progress comes alongside a coal power boom

China is recognized as the undisputable global leader in renewable energy expansion. Future Publishing | Future Publishing | Getty Images China is making rapid progress in scaling up clean energy, tentatively boosting hopes that the world’s largest carbon emitter could soon start to curb greenhouse gas pollution. A massive wave …

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VinFast still optimistic despite challenging entry to U.S. auto market

A VinFast VF8 electric car on display in a showroom. Yu Ruidong | China News Service | Getty Images It has been a challenge for Vietnamese electric vehicle maker VinFast to crack the U.S. market amid tough competition and softening demand. VinFast cut monthly lease prices for its first U.S. …

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Singapore’s Sea Group turns profitable for the first time

Sea Limited’s e-commerce arm, Shopee, turned positive adjusted EBITDA for the first time in the fourth quarter of 2022. The group also posted its first-ever positive net income in the quarter. Rafael Henrique | Sopa Images | Lightrocket | Getty Images Singapore-based Sea Limited closed more than 20% higher on …

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Adani fallout could have political implications for India: Economist

Indian billionaire Gautam Adani’s rapid downfall has sparked renewed scrutiny on the tycoon’s close ties with India’s Prime Minister Narendra Modi. Punit Paranjpe | Afp | Getty Images The fallout from the Adani Group turmoil could have political implications for India, said a chief Asia Pacific economist at Natixis, a …

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Mast, formerly DroneSeed, acquires Cal Forest Nurseries

Seattle startup Mast (formerly DroneSeed) takes a high-tech approach to reforestation. Mast Reforestation Last year, the U.S. endured more than 68,000 wildfires, consuming around 7.6 million acres nationally, according to the National Interagency Fire Center. Both numbers are up from 2021, continuing an unfortunate trend taking place over the past …

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Rupert Murdoch criticized Fox host Sean Hannity: Court filing

A billboard truck seen outside Fox News HQ. Members of the activist groups Truth Tuesdays and Rise and Resist gathered at the weekly FOX LIES DEMOCRACY DIES event outside the NewsCorp Building in Manhattan, this time with a billboard truck. Erik Mcgregor | Lightrocket | Getty Images More revelations from …

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Why homebuyers shouldn’t wait until 2024 for cheaper home costs

With U.S. home prices dropping and mortgage rates projected to dip sometime in 2024, homebuyers might be wondering if they should wait until next year to land a more affordable deal.  But with the economic outlook particularly murky right now, buyers shouldn’t be overly concerned with timing their purchase, real …

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37-year-old became a vegan dietitian to save her life

In her early 20s, Catherine Perez was faced with developing health issues and decided to take the reins in her own life by shifting her lifestyle. “I already knew that my own health was suffering. I had high cholesterol, I was on the verge to get high blood pressure, and …

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