Billionaires' wealth soared in 2024, a top anti-poverty group said ahead of an annual gathering in Davos, Switzerland of some of the world's political and financial elite.

A latest inequality report revealed a major prediction that within the coming decade approximately five renowned personalities on this planet can eventually become trillionaires.

A new study from Oxfam projects that five individuals are on track to become trillionaires within the next ten years, amassing fortunes with 13 figures to their names. This projection marks a significant shift from a previous Oxfam report that indicated only one person would reach this milestone within a decade.

Billionaire wealth skyrocketed by USD 2 trillion in 2024, highlighting increasing inequality. Oxfam's report underscores the growing gap, with Asia contributing USD 299 billion. The wealth gap is fueled by inheritance,

Five people are expected to amass at least $1 trillion in wealth within the next decade, if current trends continue, according to Oxfam’s annual inequality report, released Sunday. Tesla and ...

According to the anti-poverty group Oxfam International, billionaire wealth surged by $2tn (€1.93bn) in 2024, equivalent to roughly $5.7bn (€5.5bn) a day, three times faster than the year ...

The New Zealand Government has just announced its climate target for 2035 under the Paris Agreement. New Zealand is obliged to set a Nationally Determined Contribution (NDC) that shows ‘maximum possible ambition’ to reduce climate-harming emissions. The NDC must also show progress from the 2030 target.

The findings of the inquiry in the protection of personal information will not be released on Monday 3 February as announced earlier this afternoon. The Public Service Commissions

Elon Musk’s Tesla paid a total of $0 in federal income taxes in 2024, new tax reports show, despite the company having raked in billions of dollars in income and being the most valuable car company in the world.

After my husband left me, I found solace in a virtual companion—and realized AI's true potential might be in emotional labor.

As the global political economy faces a critical test, global leaders should urgently prioritise strengthening democratic governance and social safeguards in trade rather than undermining them. ITUC General Secretary Luc Triangle took this key message to the 2025 World Economic Forum (WEF) Annual Meeting.

An opulent $300 million doomsday bunker complex, to protect ultrarich clients from disasters, has been unveiled by protective design specialists. Set to open in 2026, a Virginia-based company called Strategically Armored & Fortified Environments (SAFE) says the bunkers will house 625 people, at up to $20 million per "project Aerie" unit.