Luca Ventura

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.

The largest company in the world can fluctuate day to day, even minute by minute, depending what measurement is used. Tesla began 2022 as the world's fifth largest company by market cap and ended the year in 11th place after their CEO Elon Musk's acquisition of Twitter.

China aims to challenge the Airbus-Boeing duopoly, an objective that was unthinkable a few years ago.

Malaysia's tenth Prime Minister Anwar Ibrahim has gone from politics to jail and back to politics again.

Carmakers are opting to skip the middleman and invest directly in mining companies and projects.

Disney CEO Bob Iger replaces the man who replaced him as Disney CEO, Bob Chapek.

While the acquisition was driven by the prestige of Tom Ford’s beauty segment, which includes signature scents, skin care and cosmetics, the deal also brings eyewear and apparel to Estee Lauder.

The US-brokered accord could be hugely consequential, and not solely for economic benefits: Israel and Lebanon have no official diplomatic relations and remain technically at war since 1948.

America's largest grocery chain—Kroger—intends to buy America's second largest grocery chain—Albertsons.

Scores of semiconductor companies are going out of business in China despite the government's drive to boost the sector.

Poised to become Italy’s first female premier, Meloni succeeds Mario Draghi, who resigned in July after his governing coalition collapsed. 

Porsche boss Oliver Blume will now lead the Volkswagen Group.

Alibaba is one of more than a hundred Chinese companies currently on the provisional list of firms facing delisting from the New York Stock Exchange over transparency and national security concerns.

In the past 15 years, global peacefulness has fallen by more than 3%. Old and new conflicts, the pandemic and our political and cultural polarization are the main culprits.

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

Many of the world's richest countries are also the world's smallest: the pandemic barely made a dent on their huge wealth.

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.

Former guerrilla rebel Gustavo Petro pledged ambitious reforms in pensions, taxes, labor and health care on the campaign trail.

The last time Germany had a trade deficit was in 1991.

After recessions economies often bounce back more vigorously than ever—unless they stumble across new obstacles along their way.

Economic growth is a marathon, not a sprint and while some nations have made plans for long-term progress, others have squandered their good fortune and resources.

World economic growth is slowing down and could result in a synchronized recession.

Newly re-elected French President Emmanuel Macron anoints the first female prime minister in decades.

Florida governor Ron DeSantis retaliates against one of his state's major employers.

Energy businesses are among those with the most to lose. 

Imran Khan, ousted by a parliamentary no-confidence vote, is replaced as Pakistan's Prime Minister by Shehbaz Sharif.

Last year 10% of all global power was generated by wind and solar.

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

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

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

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.

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?

Totally withdrawing from Russia may be difficult or impossible for the European banks with tens of billions of dollars worth of exposure there.

Some expected more generous terms to ensure economic stability takes hold in the struggling economy. They are disappointed. 

A proposal to label some natural gas and nuclear power plants green investments has prompted backlash from environmentalists and heightened tensions among the 27 member countries.

Chinese officials say the race for global economic dominance will be decided not just by the sheer size of the country’s total output but also by the elements included in that output.

COVID-19 spread around the world and made existing inequalities worse.

According to data from the Chinese National Bureau of Statistics, micro and small enterprises account for nearly 99% of the total companies in the country and contribute to one-half of its tax revenue, 60% of its output and 80% of urban employment.

The raw number of IPOs broke records last year but many of them underperformed.

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.

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.

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.