Luca Ventura

The idea that more wealth for some will translate into more wealth for everyone has deep roots. Today, data shows that the gap between the richest and the poorest has never been wider.

Gita Gopinath's surprise appointment comes just two months after she was to depart from the IMF for academia.

A veteran of Unilever moves to take the reigns at Chanel.

Will this new season of global higher inflation last for long, get worse or come soon to an end? As it turns out, predicting the future when it depends on the whims of a virus is not easy.

The world's poorest countries suffered from civil wars, ethnic and sectarian strife and then COVID-19 came along making bad situations worse.

Those looking for good news focused on narrow progress and incremental advancement of targeted policies. 

Yet, achieving quick results in battling graft and bringing prosperity to the European bloc’s poorest nation is unlikely.

What does it mean for a nation to be rich or poor at a time of global pandemic? GDP per capita adjusted for relative purchasing power gives us an idea, albeit an imperfect one.

Many of the world's richest countries are also the world's smallest.

Facebook rebrands itself and reshuffles its executive suite.

Despite Fumoi Kishida’s public calls for a massive stimulus package and an even more consequential redistribution of wealth, some of his initial moves appear to confirm the dissonance between rhetoric and reality.

Questions abound about Najla Bouden’s ability to manage Tunisia's ongoing political crisis or the risk of bankruptcy raised by the country's central bank.

The world's ballooning debt was already threat to the global economic growth and financial stability before Covid-19. Things have since only gotten worse.

China moves to curb the tech sector's explosive growth.

Islamists lose power to liberals but the king continues to dominate political decision-making.

Millionaire Labor Party leader becomes Norway's prime minister.

Most nations have followed a risky trajectory of indebtedness after the 2008 financial crisis. When the COVID-19 pandemic struck, their borrowing shattered records.

Dated extraction technologies and poor maintenance are only partially to blame for Royal Dutch Shell's decision.

US Securities and Exchange Commission Chairman Gary Gensler calls for greater regulation of cryptocurrencies to rid the sector of fraud, scams and abuse.

During the pandemic some of the largest companies in the world grew while others shrank. Global Finance compares two of the best-known rankings of company size with its own list of the world's Top 10 by market capitalization to provide a comprehensive picture of global corporate goliaths.

Ferrari hopes a scientist will be able to drive innovation at the storied car company.

JPMorgan is on a shopping spree.

The Institute for Economics and Peace reveals the most peaceful countries in the world. In the past 15 years, global peacefulness has fallen by about 2% while the number of refugees displaced by conflicts has skyrocketed.

The public face of Singapore’s largely successful Covid-19 response is now in charge of the finance ministry.

Banks that led and lagged in deploying digital offerings witnessed significant differences in defection rates.

Europe's dominance of the World Happiness ranking was unshaken by the global pandemic.

People in Latin America are surprisingly happy given the region's high levels of inequality, poor governance, and often high crime rates. What is their secret?

Data indicates that people living in Middle Eastern countries tend to be either very happy or very unhappy.

Some of these nations handled the pandemic well and some did not. It almost made no difference in how people evaluated their satisfaction with life.

Despite all the problems plaguing the continent, Africa's youth sees a brighter future ahead.

Toshiba shareholders voted for an independent probe into allegations that investors were pressured against pursuing a management shake-up at last summer’s annual general meeting.

As leader of a nation marred by deep political divisions and devastated by the coronavirus epidemic, Guillermo Lasso faces monumental challenges.

What does being a happy country mean during a pandemic? Trust in your neighbors and your institutions makes all the difference.

ESG metrics are growing in popularity but are still far away from being standardized.

London’s loss of the crown as Europe’s top trading hub is only the latest in a year-long string of bad news for the UK.

China surges past the U.S. as the top destination for foreign direct investment.

Hundreds of millions of people globally have no checking or savings bank account. Financial exclusion undermines their quality of life and hold their nations’ economies back.

Strongly advocated by Germany, the agreement drew criticism from other European Union member states concerned with issues ranging from Beijing’s human rights record to cybersecurity and technology transfer.

Angela Merkel’s center-right Christian Democratic Union chose Armin Laschet to lead the party.

Household saving is defined as the difference between a household’s disposable income and its expenditures on goods and services. During the pandemic it rose to historical highs everywhere.

Reverberations from the US-China trade war may have contributed.

IPO roadshows go virtual in bid to circumvent Covid.

Shell has elevated two other women to senior trading roles as well.

The global pandemic pushed many shaky companies over the edge into bankruptcy, but some of them will emerge stronger and more profitable in the long run as a result.

Sagasti’s first order of business will be restoring trust in government. 

The passing of the man who transformed Samsung from small trading business into tech giant inaugurates a new era.

U.S. Department of Justice alleges Google violated anti-trust laws.

Unemployment is simple enough to understand: it is an economic condition in which individuals seeking jobs remain un-hired. Yet measuring how many people are unemployed at any given moment in any given country is rather complex.

Nvidia CEO Jensen Huang is about to complete the company's transformation from niche maker into the valuable chip manufacturer in the world.

The shake-up at the top of the company’s ranks comes at a pivotal time for the e-commerce business.