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The Latest Breaking News from World Economic Forum

Globalization's cheerleaders grasp for new buzzwords at Davos

World leaders, financiers and chief executives said they were leaving this week's World Economic Forum with an urgent sense of the need to reboot and redefine 'globalization'.

Reuters

Qualcomm Chief Sees Prospects In High-End Smartphones, Meta Partnership Thanks To Augmented and Virtual Reality

In an interview at the World Economic Forum, Qualcomm Inc (NASDAQ:QCOM) CEO Cristiano Amon talked about growth as consumers increasingly chased "better phones," Reuters reports. Qualcomm's share with devices like the Samsung Galaxy grew from 40% share to over 75%. Qualcomm's technology powers augmented and virtual reality devices, including those made by Facebook…

Benzinga

Davos Voices: What leaders say about climate change, war

The World Economic Forum’s annual gathering of CEOs, government leaders and other elites this week in the Swiss town of Davos may seem full of important but impersonal announcements

The Independent UK

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Back to snow: World Economic Forum reverts to January for 2023

The World Economic Forum will revert to January for its 2023 annual meeting in the Swiss ski resort of Davos after moving to the spring for the first time due to the coronavirus pandemic.

Reuters

Davos 2022: EBRD chief warns of risk of 'food crisis' amid war in Ukraine

Our Business Editor Kate Moody has been speaking to the head of the European Bank for Reconstruction and Development (EBRD) at the World Economic Forum in Davos. EBRD head Odile Renaud-Basso explained how the institution, which was already present in Ukraine before the Russian invasion, has been "shifting" its support…

France 24

Scholz urges wider alliance against Russia to thwart Putin

German Chancellor Olaf Scholz called for more countries to join international efforts to isolate Russia, saying President Vladimir Putin must not be allowed a victory in Ukraine that could embolden other warmongers.

Bangkok Post

Davos 2022: Volkswagen CEO warns of cost from 'long-lasting' war in Ukraine

The agenda of the World Economic Forum in Davos has been dominated by the war in Ukraine and its implications for the global economy and supply chains. Volkswagen CEO Herbert Diess spoke to our Business Editor Kate Moody on the sidelines of the event. He warned that a "long-lasting" war…

France 24

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Pfizer Offers to Sell Medicines at Cost to Poorest Countries

US pharmaceutical giant Pfizer on Wednesday said it would sell its patented drugs on a not-for-profit basis to the world's poorest countries, as part of a new initiative announced at the World Economic Forum in Davos. "The time is now to begin closing this gap" between people with access to…

Asharq Al-Awsat

Davos updates | German chancellor to give final big speech

German Chancellor Olaf Scholz is wrapping up the World Economic Forum’s annual meeting with a speech in Davos

The Independent UK

Davos meeting gabfest to wrap up with German leader

After days of discussions about Russia’s war in Ukraine, climate change and other hot-button global issues, the World Economic Forum’s annual meeting in Davos is set to conclude with a speech by German Chancellor Olaf Scholz

The Independent UK

Ukraine pleads for more weapons to tackle Russian onslaught in Donbas

Bombardment continues in 40 towns including the key city of Sievierodonetsk as police in Lysychansk collect bodies for mass burials

The Guardian - AU

Davos day 4: Olaf Scholz condemns invasion of Ukraine and urges global cooperation on threats – as it happened

Rolling coverage of the final day of the World Economic Forum in Davos

The Guardian - UK

India committed to strengthening digital health system, says Mansukh Mandaviya

More than 220 million unique health ids have already been issued, he says

The Hindu

Ukrainian officials offer their condolences to Uvalde

President Volodymyr Zelenskyy and other Ukrainian leaders took to social media to stand in sympathy and solidarity with a tragedy unfolding across the world.

WEKU

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The Guardian - UK

Ukraine war weighs heavy as apocalyptic mood shrouds Davos

From a warning of third world war to global stagflation or depression, gathering is unsurprisingly sombre

Reuters

India puts 'new reality' on display with Davos street show

Bright colours and bold logos proudly signal where India has set up base on the main street in Davos this year, as the country trumpets its pro-business and foreign investment drive.

Asharq Al-Awsat

IAEA at ‘Very Difficult Juncture’ with Iran on Unanswered Questions

Talks with Iran aimed at ending a long standoff on explaining the origin of uranium particles found at apparently old but undeclared sites are at "a very difficult juncture", UN nuclear watchdog chief Rafael Grossi said on Wednesday. Grossi and Iran agreed in March on a three-month plan to get…

France 24

Davos 2022: EU's Gentiloni 'confident' deal can be reached on Russian oil embargo

The war in Ukraine and its impact on the global economy continue to dominate discussions at the World Economic Forum in Davos, Switzerland. Business Editor Kate Moody has been speaking with Paolo Gentiloni, EU Commissioner for the Economy, about Europe's ongoing efforts to wean itself off Russian energy.

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Evening Standard

Ukraine will fight until it recovers all its territory, says Volodymyr Zelensky

Ukraine will continue fighting until it has recovered all of its territory, its president Volodymyr Zelensky has vowed.

Asharq Al-Awsat

UAE Launches ‘Markets of Tomorrow’ Initiative

The UAE government has launched the "Markets of Tomorrow" initiative, in partnership with the World Economic Forum (WEF). The initiative aims to develop new business accelerators that will prepare the UAE's national economy to embrace business activities focused on the new economy and boost its readiness to enter tomorrow's markets,…

The Independent UK

Davos gathering overshadowed by global economic worries

The risks to the global economy are leading to an increasingly gloomy view of the months ahead as corporate leaders, government officials and other VIPs gather at the World Economic Forum meeting in Davos, Switzerland

France 24

Davos 2022: Will war in Ukraine derail international investment?

The war in Ukraine, supply chain problems, inflation, and labour shortages have been dominating the agenda at the World Economic Forum in Davos, where business and political leaders pitch investment and global collaborations. FRANCE 24 Business Editor Kate Moody has been speaking to Martin Shanahan, CEO of IDA Ireland, about…

The Guardian - UK

Davos day 3: WTO says food crisis could last two more years without Ukrainian safe corridors – as it happened

Rolling coverage of the day 3 of the World Economic Forum

Caixin Global

Shanghai Composite Index Rose 1.19% on Wednesday

Shenzhen Component Index closed up 0.7%

Reuters

Ukraine's Zelenskiy says will only talk directly to Russia's Putin

Ukrainian President Volodymyr Zelenskiy said on Wednesday that he was only willing to talk directly to Vladimir Putin and not via intermediators.

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