Heard in Davos: What we learned from the WEF in 2024
DAVOS, Switzerland (Reuters) – World leaders and business executives left the freezing temperatures of the Swiss mountain resort of Davos after a week of high-stakes meetings about key world issues. Here’s what…
Talk in Davos of ‘high for longer’ as CEOs wrestle with rates
By Divya Chowdhury and Lisa Pauline Mattackal DAVOS, Switzerland (Reuters) – Business leaders and financiers in Davos this week said they are preparing for “high for longer” borrowing costs, despite markets betting…
Bank CEOs, huddled in private in Davos, worry about competition, economy – sources
By Stefania Spezzati and Megan Davies DAVOS (Reuters) – Bank CEOs meeting in private at the World Economic Forum on Wednesday aired concerns about the competitive risks from fintech firms and private…
Iran foreign minister in Davos: Attacks on Israel will end if Gaza war stops
DAVOS, Switzerland (Reuters) -Iran’s foreign minister said on Wednesday that attacks against Israel and its interests by the “Axis of Resistance” will stop if the Gaza war ends, warning that the conflict…
Look beyond profit to heal ‘lacerated world’, pope tells Davos leaders
By Philip Pullella VATICAN CITY (Reuters) – Pope Francis on Wednesday urged political, economic and business leaders at the World Economic Forum (WEF) in Davos to look beyond profit and try to…
UK foreign minister Cameron to meet Blinken in Davos
LONDON (Reuters) – Britain’s foreign minister David Cameron will meet U.S. Secretary of State Antony Blinken and other leaders at the Word Economic Forum in Davos, the British government said on Wednesday.…
JPMorgan’s Dimon, top bankers meet China’s Li, Ukraine’s Zelenskiy in Davos
By Antoni Slodkowski and Megan Davies DAVOS, Switzerland (Reuters) – JPMorgan CEO Jamie Dimon, Bank of America CEO Brian Moynihan, Standard Chartered CEO Bill Winters and Blackstone CEO Steve Schwarzman met Chinese…
Zelenskiy and Blinken discuss defence cooperation in Davos
(Reuters) – Ukraine’s President Volodymyr Zelenskiy discussed defence cooperation with U.S. Secretary of State Antony Blinken in Davos on Tuesday. Particular emphasis was made on air defence and long-range capabilities, Zelenskiy said…
Davos – Chinese premier Li: China economy growth estimated at 5.2% in 2023
DAVOS, Switzerland (Reuters) – Chinese Premier Li Qiang said on Tuesday the Chinese economy had rebounded and moved upward, and was estimated to have grown around 5.2% in 2023, above the official…
Global Elites Trash Elon Musk’s X At Davos
Global Elites Trash Elon Musk’s X At Davos Jason Cohen on January 15, 2024 Global elites in the field of education criticized billionaire Elon Musk and his social media platform X —…
Marketmind: Iowa goes for Trump, Davos rebuffs on rate cuts
A look at the day ahead in European and global markets from Tom Westbrook In icy Iowa, Donald Trump appeared set to win Republicans’ endorsement in the first-in-the-nation presidential nomination contest by…
IKEA prices to fall despite Red Sea disruptions, CEO says in Davos
By Divya Chowdhury DAVOS, Switzerland (Reuters) -Budget furniture retailer IKEA is sticking to planned price cuts despite Red Sea shipping disruptions pushing up costs, and has sufficient stocks to absorb any supply…
Kremlin says Davos talks on Ukraine will achieve nothing as Russia is not there
By Guy Faulconbridge and Filipp Lebedev MOSCOW (Reuters) -The Kremlin on Monday said that talks in Davos on Kyiv’s peace proposals would achieve nothing as Russia was not participating in the discussions,…
US tops public distrust in innovation on eve of Davos -Edelman
By Megan Davies DAVOS, Switzerland (Reuters) – Business and governments are doing a poor job of managing and regulating new technologies, a survey of people ahead of this week’s World Economic Forum’s…
Davos 2023: China reopening? Good for growth, but tread with caution
By Brenda Goh and Lananh Nguyen DAVOS, Switzerland (Reuters) – China’s declaration that it is open for business was welcomed by attendees at the World Economic (WEF) as a likely boost to…
Davos 2023: Key takeaways from the World Economic Forum
DAVOS, Switzerland (Reuters) – Global leaders and business executives departed a freezing World Economic Forum (WEF) meeting on Friday after a frank exchange of views over how the world will tackle its…
Davos 2023: Talent shortage rules in tight labour markets-ManpowerGroup
DAVOS, Switzerland (Reuters) – Talent shortages in key sectors are likely to remain a feature of Western economies left with persistently tight labour markets in the wake of the coronavirus pandemic, global…
Little room for gloom at Dublin’s Davos for aircraft financiers
By Padraic Halpin and Conor Humphries DUBLIN (Reuters) – While the prospect of global recession casts a long shadow over the snowy peaks of Davos this week, the mood was mostly sunnier…
Davos 2023: Goldman Sachs CEO concerned about debt ceiling
By Lananh Nguyen DAVOS, Switzerland (Reuters) – Goldman Sachs Group Inc.’s Chief Executive David Solomon expressed serious concern on Thursday that a political standoff over the U.S. debt ceiling could lead to…
Davos 2023: Global trade rethink: ‘race of the big pockets’?
By Mark John DAVOS, Switzerland (Reuters) – The United States pitched its vision of “worker-centric” trade. China promised an “all-round opening up”. Europe spoke of its quest for strategic autonomy. And industrial…
Davos 2023-Be careful on ‘friend-shoring’, WTO’s Ngozi warns
DAVOS, Switzerland (Reuters) – Trade blocs seeking to skirt geopolitical risk by “friend-shoring” activities to like-minded countries should be careful which commerce partners they favour, World Trade Organization chief Ngozi Okonjo-Iweala said…
Davos 2023: Ukraine courts cash for post-war rebuild now, not later
By John Irish and Lananh Nguyen DAVOS, Switzerland (Reuters) – As Ukraine attempts to secure more modern arms from its allies, it has stepped up a parallel effort to lock in financial…
‘It Has A Big Impact’: Davos Speaker Calls For ‘A Billion’ People To ‘Stop Eating Meat’
‘It Has A Big Impact’: Davos Speaker Calls For ‘A Billion’ People To ‘Stop Eating Meat’ Harold Hutchison on January 18, 2023 A speaker at the World Economic Forum (WEF) called for…
‘I Didn’t Explain It Properly’: Dem Senator Backtracks After Slamming Free Press In Davos
‘I Didn’t Explain It Properly’: Dem Senator Backtracks After Slamming Free Press In Davos Harold Hutchison on January 18, 2023 Democratic Sen. Joe Manchin of West Virginia backtracked Wednesday from comments he…
‘Less Is More’: Davos Speaker Says World Does Not Need ‘Growth Or Development’
‘Less Is More’: Davos Speaker Says World Does Not Need ‘Growth Or Development’ Harold Hutchison on January 17, 2023 A speaker at a panel of the World Economic Forum (WEF) in Davos,…
Davos Speaker Details The ‘Horrific’ Costs Of Mining Key Metal Used In Electric Car Batteries
Davos Speaker Details The ‘Horrific’ Costs Of Mining Key Metal Used In Electric Car Batteries Harold Hutchison on January 17, 2023 A speaker at the World Economic Forum (WEF) held at Davos,…
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