Special Reports

On Tuesday, the G20's final declaration expressed support for the ambitious outcomes of the UN Climate Change Conference in Dubai (COP28), emphasizing what was termed the "UAE Consensus." However, the document did not explicitly mention the commitment made at last year’s UN climate summit to “transition away” from fossil fuels....

Metal and mineral prices dropped by 7% in the third quarter of 2024 before seeing a slight increase in October. The decline during 2024Q3 was primarily due to indications of slowing industrial activity in major economies, particularly China, coupled with a rise in base metal production earlier in the year....

Australia’s wealthiest individual, Gina Rinehart, recently held a private meeting with Elon Musk in Florida, according to reports. Rinehart, who serves as the chair of Hancock Prospecting with an estimated net worth of $30 billion, confirmed the encounter in a statement to the Australian Financial Review this week. The two...

Two months ago, the Dangote Oil Refinery began gasoline production, supplying Nigeria’s state oil company, the Nigerian National Petroleum Company (NNPC). This marks a historic shift, as Africa’s largest oil producer is refining its own crude for the first time in decades. The state-of-the-art $20 billion facility, launched in January...

The Food and Agriculture Organization (FAO) of the United Nations has released its latest Food Outlook report, projecting that the global food import bill will surpass $2 trillion in 2024, marking a 2.2% increase from the previous year. This rise is primarily driven by higher prices for commodities like cocoa,...

According to PwC's 2024 Asset & Wealth Management Report, 80% of asset and wealth management (AWM) firms believe that disruptive technologies, particularly AI, will be key drivers of revenue growth. The analysis suggests that companies that rapidly adopt ‘tech-as-a-service’ could see a revenue boost of up to 12% by 2028....

G20 leaders are convening in Brazil for a two-day summit aimed at finalizing a global tax targeting the world’s 3,300 wealthiest individuals, with the potential to generate up to $250 billion. The proposed tax is part of Brazil’s initiative to address wealth disparities, but it has encountered last-minute resistance during...

Nvidia Corporation CEO Jensen Huang made a commitment during a conversation with Indonesian President Prabowo Subianto on Thursday to work alongside local companies in developing artificial intelligence technologies in Indonesia. Huang stressed that AI would play a crucial role in both industrial progress and societal transformation. He assured that Nvidia,...

Turkey's exports to G-20 countries have witnessed a remarkable increase of nearly 37% from 2019 to 2023, nearing a total value of $100 billion, according to recent data compiled by Anadolu University (AA). This surge underscores Turkey's growing influence in the global economy, with the G-20 countries collectively representing about...

Australia’s monetary policy does not have a greater impact than those of other advanced economies, despite the high levels of variable-rate mortgage debt held by Australian households, according to a senior Reserve Bank official. Assistant Governor Christopher Kent explained on Monday that central estimates from Reserve Bank of Australia (RBA)...