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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

UK will be 15 years late in hitting £1tn annual export target, figures show

Exclusive: Forecasts predict exports will fall to £707bn next year and target will not be reached until 2035

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?

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  • Reeves defends Grangemouth intervention; Warner Bros urges investors to reject $108bn Paramount bid – business live
  • The stats don’t lie. Australia’s tax system is designed to benefit the wealthiest and the rest of us pay for it
  • Trump’s tariffs are choking small US manufacturers – even those making music magic
  • Warner Bros Discovery urges shareholders to reject Paramount’s $108.4bn takeover bid
  • ‘It’s shattered our family’: how illicit offshore bookies exploit struggling gamblers who are trying to quit
  • Amazon in talks to invest $10bn in developer of ChatGPT
  • Paddy Power and Betfair to pay £2m settlement after failing to protect users
  • Warner Bros reportedly poised to reject Paramount’s $108bn hostile takeover bid
  • UK to bring forward review of EV sales targets from 2027 to next year
  • Inflation drop makes Bank of England early Christmas present to Reeves almost a certainty
  • UK inflation falls sharply to 3.2% amid slowdown in food price rises
  • Beans, beans, the more you eat, the more your … meals are healthier and cheaper
  • Christmas dinner and festive treats up to 70% more expensive, reports Which?
  • Rate hikes, rising inflation and difficult decisions: key takeaways from Jim Chalmers’ budget update
  • Government invests £120m to save UK’s last ethylene plant
  • Jared Kushner’s firm exits takeover battle for Warner Bros Discovery
  • George Osborne joins OpenAI: ex-chancellor adds tech post to his CV
  • EU plans to water down ban on new petrol and diesel cars
  • Universal Studios UK theme park given planning permission in Bedfordshire
  • From Harry Potter to The Crying Game, Susie Figgis’s explosive enthusiasm made her an irreplaceable casting director
  • Green groups decry EU ‘betrayal’ after vote to reduce oversight of firms
  • Norway’s national oil company facing £53m penalty for oil spills and gas leaks
  • Unemployment rises in US and UK, adding to pressure to cut interest rates – as it happened
  • US lost 105,000 jobs in October and added 64,000 in November, according to delayed data
  • UK fuel retailers urged to pass on savings as oil prices fall below $60 a barrel
  • Thames Water defers controversial £2.5m in bonuses to bosses
  • Jim Chalmers won’t have good news in Myefo. Instead, he’ll be trying to sell Labor’s good intentions
  • Roasted! Morrisons loses £17m VAT battle over rotisserie chickens
  • Musicians are deeply concerned about AI. So why are the major labels embracing it?
  • UK unemployment rose to four-year high of 5.1% before budget

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