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The Latest Breaking News from Davos

Man Utd insist Swiss Alp lounge is not to attract buyers despite Avram Glazer jetting in

Manchester United owners the Glazer family have been entertaining the prospect of a sale, or investment in the club, after being at the helm of the club for close to 20 years

Daily Mirror

Davos 2023: Recession casts long shadow over opening of WEF summit

The prospect of imminent global recession cast a long shadow over Davos on Monday as participants gathering for the opening of the World Economic Forum's annual meeting counted the likely cost for their economies and businesses.

Reuters

Davos 2023: Idris Elba calls for investment to help world's poor

Actor Idris Elba and his wife Sabrina Dhowre Elba called on Monday for business and political leaders to provide more support to the world's poorest countries in the form of investment rather than aid.

Reuters

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Almost two in five CEOs ‘fear their global firms will be unviable within 10 years’

Worker shortages and need to adapt to tech changes given as reasons in survey as Davos meeting begins

The Guardian - UK

Ramaphosa cancels Davos trip amid South Africa energy crisis

Africa’s most industrialised economy being hit by daily power cuts as anger grows among opposition and public

The Guardian - UK

Davos 2023: DP World forecasts further freight rate fall as demand slows

DP World expects freight rates to drop by a further 15% to 20% in 2023, with the worst still to come as demand slows, the Dubai-based global logistics company's deputy chief executive and chief financial officer Yuvraj Narayan told Reuters.

Reuters

Davos 2023: The World Economic Forum explained

The World Economic Forum (WEF) returns to its snowy winter residency in the Swiss Alps this week with a record attendance of business and government leaders.

Reuters

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Economic woes, war, climate change on tap for Davos meeting

The World Economic Forum is back with its first winter meetup since 2020 in the Swiss Alpine town of Davos

The Independent UK

Davos 2023: Europe, NATO to build Ukraine unity in Russian no-go zone

As fears of a new Russian offensive from Belarus mount in Ukraine, Kyiv's allies are seeking to forge greater unity and to ramp up support at the Davos meeting of political and business leaders, where Russians are conspicuous by their absence.

Reuters

Economists warn of global recession danger ahead of World Economic Forum at Davos – as it happened

Live, rolling coverage of business, economics and financial markets as economists for major businesses forecast weak economic growth in Europe and the US

The Guardian - UK

Davos 2024: What is it, who is attending, and why is it controversial?

Kicking off on January 15, this year’s World Economic Forum's theme is Rebuilding Trust

Evening Standard

South African leader skips Davos amid electricity crisis

South African President Cyril Ramaphosa has canceled his trip to the World Economic Forum in Davos in order to deal with his country’s worsening power blackouts

The Independent UK

Davos 2023: World Economic Forum kicks off amid calls for more tax on super-rich

Political and business leaders from around the world are convening in the Swiss resort town of Davos. The theme for this year's meeting is "cooperation in a fragmented world". FRANCE 24's Kate Moody is in Davos and tells us what we should expect. Also in the show, Oxfam releases its…

France 24

Don’t believe the podium talk at Davos–but capitalism is really starting to change

The rise of purpose-led companies is changing the face of capitalism, writes Patagonia's Beth Thoren.

Fortune

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Al Jazeera

Who is – and who is not – attending the World Economic Forum?

Some 2,700 leaders from 130 countries, including 52 heads of state and government, will be at the meeting in Davos.

The Guardian - UK

Monday briefing: Does the Davos conference really have the answers to the world’s problems?

In today’s newsletter: As the high society conference kicks off in the Swiss Alps, it faces new questions about its influence in a fractured world

France 24

Davos forum to tackle Ukraine war, climate crisis and 'de-globalisation'

The world's political and business elites gather for the annual Davos summit from Monday to promote "cooperation in a fragmented world", with war in Ukraine, the climate crisis and global trade tensions high on the agenda.

Fortune

At Davos, a sidelined club laments tax 'hypocrisy' as the richest talk climate instead

The Club of Rome, which became famous in the early 1970s for sounding the alarm bell on the planet’s “limits to growth," is sidelined from the event this year.

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news in one place.

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Al Jazeera

Richest 1% bag two-thirds of $42 trillion in new wealth: Oxfam

Charity calls for more taxes on the rich as World Economic Forum gathers for annual meeting in Davos, Switzerland.

The Independent UK

As Davos opens, Oxfam urges windfall tax on food companies

Anti-poverty group Oxfam says companies making big profits as inflation surges should face windfall taxes to help cut global inequality

Reuters

South Africa's president to skip WEF to deal with crippling power cuts at home

South African President Cyril Ramaphosa will no longer attend the World Economic Forum (WEF) in Davos due to the ongoing energy crisis in the country, his spokesman said on Sunday.

Reuters

Davos 2023: Big Oil in sights of climate activist protests

Big oil firms came under pressure at the start of the World Economic Forum (WEF) from activists who accused them of hijacking the climate debate, while a Greta Thunberg-sponsored "cease and desist" campaign gained support on social media.

The Guardian - UK

On the NHS, Sunak and co seem unable to grasp economics 101: pay more

Breaking out of a mindset is not easy, but this crisis, 10 years in the making, could have been avoided

The Guardian - US

The world’s biggest PR firm claims to be an expert on trust – but is it?

Edelman, which will publish the latest edition of its ‘trust barometer’ at Davos, says trust is its legacy – but critics say its reluctant to follow its own advice

The Guardian - UK

Davos’s elite will need to do some soul-searching in a world falling apart

The first proper World Economic Forum for three years will take place against a humbling backdrop of crisis and conflict

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