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WASHINGTON (AP) - Jim Yong Kim, an American who is president of Dartmouth College, has been chosen to be the next president of the World Bank. His selection Monday extends the U.S. hold on the top job at the 187-nation development agency.
BILL Gates, co-chair of the Bill & Melinda Gates Foundation, has warned that trade tensions between China and the United States are likely to affect global initiatives aimed at conquering poverty, contagious diseases and other global woes.
SEATTLE: China has made remarkable progress in improving health equity and reducing poverty, offering lessons that could help other developing countries, including in Africa, accelerate their development, Bill Gates has said.
GENEVA/ZURICH: World leaders pledged on Friday to accelerate work on tests, drugs and vaccines against COVID-19 and to share them around the globe, but the United States did not take part in the launch of the World Health Organization (WHO) initiative.
THE Covid-19 pandemic is still with us. And, appears to be growing rapidly globally.
HONG KONG: Li Ka-shing, a wartime refugee who used to sweep factory floors in Hong Kong for a living, retired after a career spanning more than half a century amassing one of Asia’s biggest fortunes from building skyscrapers to selling soap bars.
NEW YORK Diversified healthcare company Abbott Laboratories on Friday agreed to buy Alere Inc at a lower price than it had previously offered, after raising concerns about the accuracy of various representations, warranties and covenants made by Alere in the earlier agreement.