Joe Biden nominates former Mastercard boss Ajay Banga to lead World Bank
US president puts forward choice to oversee new focus on climate crisis after resignation of Trump appointee David Malpass
Pakistan’s fresh £580m loan from China intensifies debt burden fears
Loan is on top of £25bn that cash-strapped Islamabad already owes Beijing and Chinese commercial banks
Rockefeller Foundation boss favourite to succeed David Malpass at World Bank
Calls for White House to lose stranglehold on choosing bank’s leadership
World Bank chief resigns after climate stance misstep
David Malpass was criticised when he dodged question about fossil fuels’ link to climate crisis
FTSE 100 hits 8,000 points for first time as recession fears ease
The index of largest companies listed on the London Stock Exchange reaches its highest level
FTSE 100 hits fresh all-time high as inflation and recession fears ease
Index rises to 7934.30, pushing it above previous record set on 3 February
Slowing economic growth and a FTSE record high can coexist – here’s how
The blue-chip Footsie has closed at an all-time high while the UK’s economy is set to shrink
What we learned at Davos: signs of hope emerge from the pessimism
Prospects for artificial intelligence and green transition fuel sense that the only way is up for the global economy
China’s future to AI and jobs: five big questions from Davos
From the threat of AI weaponising spam to a trade war sparked by green subsidies, the taxing topics at this year’s World Economic Forum
IMF chief says global economic outlook ‘less bad’ than feared
Kristalina Georgieva hints growth forecast could be upgraded thanks to retreating inflation, but warns against overoptimism
Almost two in five CEOs ‘fear their global firms will be unviable within 10 years’
Worker shortages and need to adapt to tech changes given as reasons in survey as Davos meeting begins
Global economic slowdown ‘to force more workers into poorly paid jobs’
International Labour Organization expects to see workers pushed into informal employment in 2023
Call for new taxes on super-rich after 1% pocket two-thirds of all new wealth
$26tn of new wealth created since start of pandemic went to richest, Oxfam report reveals
Soaring food and energy prices could persist ‘for next two years’
Warning comes in annual global risks report for next week’s World Economic Forum in Davos
World Bank walking tightrope as it mulls increased lending to poorest
Campaigners say bank should rush to rescue countries facing recession – but can it do so without resulting in mass debt write-offs?