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World Bank head says he's not a climate denier, won't quit

10 days ago   |   By Stl Today

World Bank President David Malpass says he won't resign after coming under criticism for his remarks earlier this week regarding climate change. At an event sponsored by The New York Times, Malpass wouldn't answer directly when asked whether the burning...
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Climate activists want Biden to fire the head of the World Bank. Here's why

Climate activists want Biden to fire the head of the World Bank. Here's why

10 days ago   |   By NPR

Climate activists have never liked Trump-appointed World Bank President David Malpass. But this week, his comments on climate change fueled calls for President Biden to make a change. (Image credit: Olivier Douliery/AFP via Getty Images)
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World Bank president says won't resign over climate remark

World Bank president says won't resign over climate remark

10 days ago   |   By Chron

WASHINGTON - World Bank President David Malpass said Friday he won't resign after coming under criticism for his remarks earlier this week regarding climate change.
At an event sponsored by The New York Times on Tuesday, Malpass wouldn't answer directly when asked whether the burning of fossil fuels has contributed to global warming. Instead, he said, “I am not a scientist.”
In an interview with Politico Friday, Malpass said he wouldn't resign, and that he hasn't been asked to do so by any of the bank's member governments. He acknowledged he should have done a better job responding to...
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Biden is considering ousting Trump's climate-skeptical head of the World Bank

10 days ago   |   By Fortune

David Malpass deflected a question on climate change's causes, saying, “I'm not a scientist.” Now the Trump nominee is apologizing.
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Phantom Auto Buys Voysys To Boost Remote Operation Capabilities

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Does Refinancing Hurt Your Credit?

Does Refinancing Hurt Your Credit?

Before you make any big financial decision, it's crucial to learn how it may affect your credit score. If you're looking to refinance, it's natural to wonder if it might hurt... Read more ...

8 Types Of Mortgages For All Home Buyers

8 Types Of Mortgages For All Home Buyers

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South Korean Internet Giant Buys Poshmark in $1.2 Billion Deal

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Egyptian venture capital firm Algebra Ventures hits first close of second...

Last April, Egyptian and MENA-focused venture capital firm Algebra Ventures announced the launch of its $90 million second fund. It was the sequel to its first: a $54 million... Read more ...

UK on brink of gas supply emergency - regulator

UK on brink of gas supply emergency - regulator

Ofgem expects gas shortages in the country this winter The UK may enter a gas supply emergency due to shortages this winter, according to energy regulator Ofgem. “ Due to the... Read more ...

Strikes halt French refineries

Strikes halt French refineries

Protests triggered by spiraling inflation and pension reform could lead to fuel shortages in the country Strikes at French energy company TotalEnergies have dragged on for the... Read more ...

GIC backs Indian EV startup Euler Motors in $60 million funding

Euler Motors, an Indian startup that designs and builds commercial electric vehicles, has raised $60 million in a new funding round as it works to ramp up its production... Read more ...

Investors Should Lean on Quality Assets and Diversification to Weather

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Mastercard pushes deeper into crypto with new tool for combating fraud

Mastercard will on Tuesday launch a new product called Crypto Secure that helps banks assess the risk of crime associated with crypto merchants on its network. Read more ...