It currently takes 27 months, on average, before "the first dollar goes out the door," Ajay Banga said in an interview in his brightly lit office in the Bank's headquarters close to the White House.

Top shipping companies are taking measures like route suspensions to tackle the Red Sea crisis

Traders made the demand for onion, edible oil, sugar, lentil, chickpeas, dates

IMF's managing director Kristalina Georgieva is hopeful about the US economy as inflation declines further

Exports decreased by 1.06% to $5.3 billion

China's factory activity expanded at a quicker pace in December due to stronger gains in output and new orders

Saudi Arabia's Public Investment Fund accounted for about a quarter of the almost $124 billion spent by sovereign wealth funds worldwide last year

Sri Lanka slapped a new 18 % VAT on fuel, mobile phones and computers from Monday to raise revenue ahead of a foreign debt restructuring

Russia's economy contracted by 1.2 percent last year, less than the 2.1 percent decline previously estimated

The Federal Reserve's dovish December pivot has boosted the case for the weakening dollar to keep falling into 2024

China's manufacturing activity likely contracted for the third consecutive month weighed by soft demand for manufactured goods

Maersk has scheduled several dozen container vessels to travel via the Suez Canal and the Red Sea

Artificial intelligence has the potential to revolutionize various industries, spearheading a new technological and industrial revolution

Half of Russia's oil and petroleum exports in 2023 will have gone to China while India's share has risen in two years to 40

China's November industrial profits posted double-digit gains as overall manufacturing improved, although soft demand continued to constrain business growth expectations, emboldening calls for more macro policy support.

Apple on Tuesday appealed a decision to ban imports of its watches based on a complaint from medical monitoring technology company Masimo, after US President Joe Biden's administration declined to veto a government tribunal.

Oil edged higher on Tuesday, finding support from geopolitical tensions in the Middle East and investor optimism that the US Federal Reserve would soon start cutting interest rates, boosting global economic growth and fuel demand.

Global wheat , corn and soybean prices are headed for losses in 2023 on easing Black Sea bottlenecks and fears of a global recession

Oil prices were little changed on Tuesday as investors focused on Middle East tensions and US rate cut

India is testing artificial intelligence (AI) to build climate models to improve weather forecasting as torrential rains, floods and droughts proliferate across the vast country, a top weather official said.