Pandemic threatens Asia-Pacific’s progress  on global development goals

MANILA — The coronavirus pandemic may have pushed as many as 80 million people in developing Asia into extreme poverty last year, threatening to derail progress on global goals to tackle poverty and hunger by 2030, the Asian Development Bank (ADB) said on Tuesday.

Social entrepreneurs fight to make gig work fairer, greener

DURBAN - When Londoner Rich Mason signed up as a bicycle food delivery rider in 2017, he found the long hours, poor pay and lack of communication from management "jaw-dropping" - so he started his own delivery app instead.

Evergrande wooed retail investors with Gucci bags, Dyson appliances

SHANGHAI - Lured by the promise of yields approaching 12%, gifts such as Dyson air purifiers and Gucci bags, and the guarantee of China's...

McDonald’s Happy Meal toys to go green globally by 2025

McDonald's Corp said on Tuesday it will drastically cut the use of plastic in the more than 1 billion children's toys it sells globally...

US to donate an additional 500 million COVID-19 vaccines

WASHINGTON - The United States plans to donate an additional 500 million COVID-19 vaccines made by Pfizer Inc and BioNTech SE to nations around...

Trudeau wins another minority in election, claims ‘clear mandate’

MONTREAL/OTTAWA — Canadian Prime Minister Justin Trudeau hung onto power on Monday as his main rival conceded defeat, saying he had won a clear mandate to govern although he fell short of his goal for a majority win.

COVID-19 toll in US surpasses 1918 pandemic deaths

THE US’s COVID-19 (coronavirus disease 2019) deaths have surpassed the toll of the 1918 influenza pandemic, a milestone many experts say was avoidable after the arrival of vaccines.

Malaysia, India top Asian forecasts for faster growth in 2022

Economic activity next year in Malaysia and India, two of the countries most affected by COVID-19 outbreaks in recent months, is expected to recover...

Evergrande tumbles further after S&P says default is likely

China Evergrande Group slid deeper in equity and credit markets Tuesday, fueling concerns about broader contagion after S&P Global Ratings said the developer is...

External review finds deeper rot in World Bank ‘Doing Business’ rankings

WASHINGTON - Weeks before the World Bank scrapped its flagship Doing Business rankings following a damning independent probe, a group of external advisers recommended...