United Nations Development Programme Administrator Achim Steiner attends the 2018 St Petersburg International Economic Forum in St Petersburg, Russia on May 24, 2018. 

Fundamental assumptions about business are set to change: UN official

Companies have “a very clear vested interest” to embrace sustainable development as a functioning economy and stable political system are important for the businesses, Steiner said. In addition, “inequality as we are observing right now across the world is becoming a major destabilizer,” he added. Rapid climate changes could also disrupt existing market conditions often […]

Sania Mirza, Shoaib Malik Set Couple Goals With Their New Picture

Sania Mirza and cricketer husband Shoaib Malik got married in 2010 © Twitter Indian tennis star Sania Mirza is currently expecting her first child with her Pakistan cricketer husband Shoaib Malik. With the due getting closer, Sania Mirza took out time to share an adorable picture of herself with husband Shoaib Malik. Sania Mirza […]

European stocks set to open sharply lower amid market sell-off

European stocks set to open sharply lower amid market sell-off

Around the world, equity markets have tumbled on the back of rising fears around global economic growth and rising interest rates. The International Monetary Fund warned earlier this week that simmering trade tensions, such as those between the U.S. and China, could lead to a “sudden deterioration in risk sentiment, triggering a broad-based correction in […]

European stocks set to open lower amid political uncertainty in Italy

European stocks set to open lower amid political uncertainty in Italy

Over in Asia, stocks followed the mixed sentiment on Wall Street, struggling to find direction amid fears over global economic growth. In the U.S., investors have been anxiously watching the debt markets, concerned by surging interest rates. However, bond yields were seen paring gains overnight, with U.S. 10-year and 30-year Treasury yields coming off multi-year […]

European markets set to open lower as Asian shares fall

European markets set to open lower as Asian shares fall

European markets are expected to open lower Monday morning, following broad declines in Asia after China’s central bank cut reserve requirements for banks. Britain’s FTSE 100 was set to open 13 points lower at 7,307; Germany’s DAX was seen tracking 28 points lower at 12,073; and the French CAC was off by 20 points, at […]