Oxfam urges radical economic rejig for post-COVID world

LONDON (AP) — Anti-poverty campaigner Oxfam warned Monday that the fallout of the coronavirus pandemic will lead to the biggest increase in global inequality on record unless governments radically rejig their economies.
In a report geared to inform discussions at the World Economic Forum’s online panels of political and business leaders this week, Oxfam said the richest 1,000 people have already managed to recoup the losses they recorded in the early days of the pandemic because of […]
Oxfam urges radical economic rejig for post-COVID world

Mukesh Ambani Is World's 11th Richest Billionaire, Tesla CEO Elon Musk Tops List

New Delhi: With a total net worth of $79.2 billion (nearly Rs 5.78 lakh crore), Reliance Industries Ltd chairman Mukesh Ambani is now the world’s 11th richest person.
According to Bloomberg Billionaires Index, Ambani has moved up two spots to achieve the position.
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The Reliance Industries Ltd chairman, who surpassed Oracle Corporation Co-founder Larry Ellison and world’s richest woman Francoise […]
Mukesh Ambani Is World's 11th Richest Billionaire, Tesla CEO Elon Musk Tops List

Elon Musk is donating $100M to find the best carbon capture technology

Elon Musk said Thursday via a tweet that he will donate $100 million toward a prize for the best carbon capture technology.
Musk, who recently surpassed Amazon's Jeff Bezos to become the world's richest person, didn't provide any more details except to add in an accompanying tweet the "details will come next week." Updated: A person familiar with the plan has told TechCrunch that this will be connected to Xprize Foundation, the non-profit organization that host […]
Elon Musk is donating $100M to find the best carbon capture technology