Europe’s fintech sector is fiercely competitive, with privately-held start-ups worth tens of billions of dollars vying to steal market share from incumbent banks. Oscar Wong | Moment | Getty Images The fintech industry saw more pain in 2023, with overall investment falling by half as higher interest rates and worsening macroeconomic conditions caused investors to … Read more
U.S. Secretary of State Antony Blinken waves as he boards an aircraft during his departure from Washington to travel to the Middle East, amid the Israel-Hamas conflict, at Joint Base Andrews, Maryland, U.S., January 4, 2024. Evelyn Hockstein | Reuters DUBAI, United Arab Emirates — U.S. Secretary of State Antony Blinken is due to meet … Read more
Planning a vacation? Here are the countries that pose the maximum risk for travelers in 2024 — and also the ones that are the safest — according to International SOS. The risk assessment firm, in its 2024 Risk Map, has ranked these countries based on several metrics, including security, medical dangers as well as the … Read more
COP28 president Sultan Ahmed Al Jaber speaks during the Transforming Food Systems in the Face of Climate Change event on the sidelines of the COP28 climate summit at Dubai Expo on December 1, 2023. Ludovic Marin | Afp | Getty Images Government ministers representing nearly 200 countries on Wednesday agreed to a deal that calls … Read more
COP28 President Sultan al-Jaber speaks to the media at the U.N. climate conference on Dec. 10, 2023 in Dubai, United Arab Emirates. Sean Gallup | Getty Images News | Getty Images DUBAI, United Arab Emirates — The draft text for a COP28 climate deal that does not include the phasing out of fossil fuels has … Read more
Sultan Al-Jaber, chief executive officer of Abu Dhabi National Oil Co. and president of COP28, speaks in Dubai, United Arab Emirates, on Saturday, Dec. 2, 2023. Bloomberg | Bloomberg | Getty Images Dubai, UNITED ARAB EMIRATES — COP28 President Sultan Al-Jaber is facing a backlash over his claim that there is “no science” behind calls … Read more
Sultan al-Jaber, president of the UNFCCC COP28 climate conference, speaks during day two of the summit on Dec. 2, 2023 in Dubai, United Arab Emirates. Sean Gallup | Getty Images News | Getty Images Dubai, UNITED ARAB EMIRATES — A fight over the future of fossil fuels has been thrust into the global spotlight at … Read more
John Kerry, U.S. special presidential envoy for climate, speaks at a COP28 session between the U.S., China, UAE and Nigeria on the global need to reduce methane emissions in Dubai on Dec. 2, 2023. Sean Gallup | Getty Images News | Getty Images Dubai, UNITED ARAB EMIRATES — U.S. climate envoy John Kerry said countries … Read more
Kristalina Georgieva, managing director of the International Monetary Fund, speaks during the Singapore FinTech Festival in Singapore, on Wednesday, Nov. 15, 2023. Bloomberg | Bloomberg | Getty Images Dubai, UNITED ARAB EMIRATES — The head of the International Monetary Fund on Sunday underlined the case for carbon pricing at the COP28 climate summit, saying that … Read more
Dubai, UNITED ARAB EMIRATES — Exxon Mobil CEO Darren Woods on Saturday said the “problem statement” that countries need to focus on at the COP28 climate summit is reducing emissions, in contrast to calls for a collective commitment to phase out all fossil fuels. For many at the summit, which is being held in the … Read more