Multilateral development banks (MDBs) must undergo big changes in the way they operate to eliminate poverty, triple sustainable lending levels by 2030 and create a new funding mechanism to further its agenda, a G20 panel said in a report on Tuesday.
Saudi Arabia's stock market rose in early trade on Tuesday hitting its highest in nearly nine months on bets for an imminent end to U.S. interest rate hikes, while the Qatari bourse eased.
Bank of America's second-quarter profit beat Wall Street estimates as it earned more from customers' loan payments while investment banking and trading fared better than expected.
Brazilian President Luiz Inacio Lula da Silva said on Tuesday that Danish Prime Minister Mette Frederiksen has told him that her country wants to contribute to the Amazon Fund, a Brazil-led initiative aimed at fighting deforestation.