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The Latest Breaking News from World Economic Forum

Elon Musk Takes on a Powerful Global Organization

The billionaire and global CEO is attacking the circles of power one after the other.

The Street

Elon Musk Seeks to Discredit a Powerful Global Organization

The billionaire and global CEO is attacking the circles of power one after the other.

The Street

Top Stories of the Month: The Questions Hanging Over Ant Group

Following the startling suspension of its would-be record-setting $34.5 billion IPO in November 2020, the fintech company was plunged into an extensive restructuring that has been ongoing for the past two years as regulators clamp down on misconduct in the industry

Caixin Global

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3 High-Quality Stocks to Buy Hand Over Fist These Days

Even after inflation showed signs of cooling, fears of a recession continue to linger on investors. Despite having a muddled outlook of the market ahead, many experts believe there is still room for optimism. Given this backdrop, fundamentally sound high-quality stocks AbbVie (ABBV), Cisco Systems (CSCO), and Hugo Boss (BOSSY)…

StockNews.com

High fashion: Luxury goods makers hope for boom as China re-opens

Is the luxury sector recession-proof? Sales at high-end brands plunged at the start of the Covid-19 pandemic, but they've since rebounded sharply, even as inflation soars and economic growth slows. Now many fashion houses are hoping that China's reopening will be another boost to their business. Our Business Editor Kate…

France 24

Montana governor announces ban on ESG considerations in state investments

The office of Montana Gov. Greg Gianforte (R) released the following statement on January 18 announcing that Montana has joined several other states in prohibiting non-financial considerations, including considerations related to ESG, in the state’s investments:

Ballotpedia

Princess Eugenie says son August will be ‘an activist from two years old’

The royal spoke at the World Economic Forum in Davos

The Independent UK

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Abigail Disney and Mark Ruffalo are among 200 millionaires calling for taxes on the ultra-rich

The Patriotic Millionaires called upon Davos conference attendees to address wealth inequality.

Fortune

Commentary: Pritzker’s appearance at Davos could mark a turning point

I rise to acknowledge that Illinois Gov. J.B. Pritzker this year officially became a “Davos Person,” traveling to a tiny Swiss village with hundreds of other global-leader types, after two years in which the annual power fest experienced a pandemic-enforced repose.

Chicago Tribune

Top economist Mohamed El-Erian sees inflation getting 'sticky' at 4%—and a growing chorus sees the dawn of a new world in investing

At the World Economic Forum in Davos, the world’s business leaders fretted over the possibility that inflation won’t fall back to central banks’ targets.

Fortune

Try harder to make peace plan work, Ukraine's first lady tells West

Ukraine's western allies might bridge delays in implementing a 10-point peace plan that the country has put forward, if each country takes responsibility for one part, the first lady in Kyiv said in an interview published on Saturday.

Reuters

From tanks to subsidies: the main topics at Davos

Davos (Switzerland) (AFP) - The World Economic Forum in Davos wrapped up Friday after a week that featured feverish discussion of the war in Ukraine, rifts over global trade and Greta Thunberg crashing the party of the global elite.

AFP

After Davos, a race for money to stop climate change

Davos (Switzerland) (AFP) - US climate envoy John Kerry bluntly summed up in one word what the planet needs to avoid a global warming catastrophe at the World Economic Forum this week: money.

AFP

Frozen eggs and 16 weeks parental leave: How companies at Davos are adjusting for a gender-balanced workplace

For many junior and mid-career employees, the reality of gender roles at work and at home is rapidly changing.

Fortune

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The Street

Elon Musk Fires Back at a Top Executive

Richard Edelman, CEO of one of the world's largest communications agencies, spoke out against Twitter at the World Economic Forum in Davos.

France 24

Davos 2023: Squaring Europe's energy crisis circle

As the European Union races to diversify its hydrocarbon imports and electrify its economy, what impact will the ongoing energy crisis have on Europe’s climate ambitions and on the bloc's industrial competitiveness? FRANCE 24 Business Editor Kate Moody asks a prestigious panel of guests at Davos, in collaboration with the…

Reuters

Davos 2023: Key takeaways from the World Economic Forum

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 biggest issues in 2023.

The Guardian - UK

China’s future to AI and jobs: five big questions from Davos

From the threat of AI weaponising spam to a trade war sparked by green subsidies, the taxing topics at this year’s World Economic Forum

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The Independent UK

Ukraine, climate, economy: Takeaways from glitzy Davos event

Power brokers have wrapped up the World Economic Forum’s annual conclave in the Swiss town of Davos as worries about the war in Ukraine, a warming planet and a cooling global economy dominated discussions about the world’s ills

Evening Standard

Davos 2023: the gossip, the parties and the Zelenskys

As the annual meeting of the World Economic Forum comes to a close, Anne McElvoy shares a behind-the-scenes look at the most in-demand party guests, and what everyone’s really talking about

Reuters

Davos 2023: Outlook brighter than feared, fraught with risks

The year ahead looks better than feared for the global economy but remains fraught with risks including escalation of the conflict in Ukraine and the emergence of a transatlantic trade war, the World Economic Forum's final panel concluded.

Evening Standard

Greta Thunberg joins climate activists to rally on last day at Davos World Economic Forum

Swedish activist, 20, arrives in Swiss city after being detained in Germany

The Guardian - UK

IMF chief says global economic outlook ‘less bad’ than feared

Kristalina Georgieva hints growth forecast could be upgraded thanks to retreating inflation, but warns against overoptimism

France 24

Davos 2023: How is funding for Ukraine being spent?

The international community has contributed billions of dollars to the war effort in Ukraine. But where is that money going? And can the country look ahead to reconstruction? Business Editor Kate Moody speaks to Beata Javorcik, Chief Economist at the European Bank for Reconstruction and Development, on the sidelines of…

Asharq Al-Awsat

Saudi Arabia Launches Food Ecosystems and Arid Climates Challenge at Davos

The Saudi Ministry of Economy and Planning (MEP) and UpLink, the World Economic Forum's (WEF) open innovation platform, launched an innovation challenge designed to crowdsource transformative solutions to enhance food security in countries impacted by low rainfall, drought, and desertification. The Food Ecosystems and Arid Climates Challenge is a global…

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