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 ...

It’s tragic that America had to come to this point. A few years of another Trump regime, even worse than the first, will be ...

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

In 2024, the number of billionaires rose to 2,769 while their combined wealth surged from $13 trillion to $15 trillion ...

The wealth of the world’s billionaires including Nigeria’s Aliko Dangote, Tesla and SpaceX chief executive, Elon Musk and ...

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.