South Korean President Yoon Suk Yeol says his nation’s efforts to be carbon neutral by 2050 would rely in part on returning to nuclear power, even though his predecessor had tried to move away from atomic power.

The world’s political and business elites gather for the annual Davos summit from Monday to promote “cooperation in a fragmented world”, with war in Ukraine, the climate crisis and global trade tensions high on the agenda.

People worldwide are more gloomy about their economic prospects than ever before and trust business far more than governments, nonprofits and the media in an increasingly divided world.

People worldwide are more gloomy about their economic prospects than ever before and trust business far more than governments, nonprofits and the media in an increasingly divided world.

Anti-poverty group Oxfam says companies making big profits as inflation surges should face windfall taxes to help cut global inequality.

Puerto Rico’s government says it plans to privatize electricity generation, a first for a U.S. territory facing chronic power outages as it struggles to rebuild a crumbling electric grid.