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2 mins read

Wealth of 5 richest men doubled since 2020; five billion people made poorer: Oxfam

Fortunes of five richest men have more than doubled since 2020 and the world could have its first-e…

PTI   


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6 mins read

Amazon and Walmart warehouse employees are so surveilled that they're worried about breaking to use bathroom: Oxfam report

One Amazon worker quoted in Oxfam's new report likened their experiences on the warehouse floor to …

Natalie Musumeci   


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4 mins read

India's richest 1% own more than 40% of total wealth: Oxfam's Survival of the Richest report

The richest one percent of India now own more than 40% of the country's total wealth, while the bot…

PTI   


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2 mins read

Women, unemployed, rural poor lag due to digital divide, says Oxfam India Report

The percentage of men owning phones is as high as 61 per cent while only 31 per cent of the wome…

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3 mins read

There is a caste and religion bias in salaries says an Oxfam report

According to the 'India Discrimination Report 2022', which highlights bias in accessing jobs, li…

PTI   


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3 mins read

Vaccine makers are making over $1,000 per second and furiously holding on to their monopolies

The COVID-19 pandemic created over 40 new billionaires in the pharmaceutical sector in the last two…

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2 mins read

Tech Glitch: Man loses ₹11,677 crore windfall from demat account in hours

The money was in his account for more than eight hours. "On July 26, 2022, I received Rs 11…

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2 mins read

Self-employed males earn 2.5 times more than females: Oxfam

Gender discrimination is the reason for 98 per cent of employment gap between males and females in …

PTI   


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2 mins read

The pandemic created 62 new ‘food’ billionaires and the Ukraine war will make them richer

The overall wealth of food corporations and billionaires in this business swelled by 45% in mere tw…

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3 mins read

Billionaire wealth rose more in 2 years than in the last 23 years combined

The pandemic created 573 new billionaires at the jet rate speed of — one every 30 hours. Every 33 …

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1 min read

Oxfam calls for 'billionaire-busting' policies, says the world's top 1% has been getting richer much faster than everyone else

The UK non-profit wants to halve the wealth and number of billionaires for a "fairer, more rational…

Huileng Tan   


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3 mins read

A third of US workers make less than $15 an hour, and they're struggling to make ends meet

The author of the Oxfam America report said many workers that were called "heroes" during the pande…

Madison Hoff   


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3 mins read

Wealth of India's ten richest enough to fund school, higher education of every child for 25 years, reveals Oxfam study

The COVID-19 pandemic saw a huge rush for oxygen cylinders and insurance claims during the sec…

PTI   


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2 mins read

Soaring stocks in pharma giants has minted these 9 new 'vaccine billionaires,' according to a report

The wealth of the new billionaires, from Moderna, BioNTech, and others, could fully vaccinate 776 m…

Grace Dean   


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3 mins read

Most of the world's poorest countries haven't administered a single COVID-19 vaccine dose, according to the People's Vaccine Alliance

As wealthier nations speed up their COVID-19 vaccine rollout, poorer countries are being left behin…

Grace Dean   


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2 mins read

One billionaire was minted every 30 hours during the pandemic. Now, a million people may fall into extreme poverty every 33 hours, Oxfam estimates.

In 2021, China minted 62 new billionaires, including Chris Xu, the founder of online fashion giant …

Katie Boon   


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3 mins read

Food and energy tycoons made $1 billion every 2 days amid soaring inflation while millions 'are skipping meals, turning off the heating': Oxfam

Oxfam is calling for permanent wealth taxes and windfall taxes on the super-rich and large corporat…

Huileng Tan   


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2 mins read

Billionaires made $3.9 trillion during the pandemic - enough to pay for everyone's vaccine

The increase in wealth of the 10 richest billionaires could pay for everyone worldwide to get the C…

Juliana Kaplan   


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2 mins read

Kate Duffy   


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3 mins read

From Mukesh Ambani to Gautam Adani — India's top billionaires increased their wealth by 35% during COVID-19 pandemic

Since March as the government announced lockdown, India's top 100 billionaires saw their for…