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Davos 2017

Davos offers unsettling glimpse of new world order

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DAVOS, Switzerland Imagine a world where the relationships and roles that have defined the global order for the past three quarters of a century have been turned on their head. | Video

Interview
DAVOS 2017 – Part One (9:41)

Interview
DAVOS 2017 – Part Two (5:21)

Interview
DAVOS 2017 – Part Three (11:01)

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Fears of economic 'race to bottom', strong dollar in Davos

DAVOS, Switzerland A strengthening dollar and a "race to the bottom" on taxes, deregulation and trade policy are the major risks to an otherwise brightening global economy, financial leaders said on the final day of the World Economic Forum in Davos.

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No longer 'rising', Africa pushed to the margin at Davos

DAVOS, Switzerland In this Swiss Alps town where the global elite have gathered to debate the world's problems, there seems to be little room on the radar for Africa, a continent of over a billion people where a commodity-fueled growth boom has soured with a vengeance.

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World trade chief warns against 'talking ourselves into a crisis'

DAVOS, Switzerland The world should be wary of stumbling into trade wars that would destroy jobs, World Trade Organization Director-General Roberto Azevedo said on Friday.

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BOJ Kuroda: Steady U.S. growth may push up rates, dollar

DAVOS, Switzerland Bank of Japan Governor Haruhiko Kuroda said on Friday U.S. economic growth and inflation may accelerate in coming years, which may push up interest rates and the value of the dollar.

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U.S. bankers tell Europeans to think positively on Trump

DAVOS, Switzerland U.S. bankers, buoyed by a resurgence in profits, are advising their counterparts in Europe to think positively about the new administration of U.S. President-elect Donald Trump.

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India's top bank SBI eyes up to $1.5 billion capital raising next fiscal year

DAVOS, Switzerland India's biggest lender by assets, State Bank of India, could tap capital markets next fiscal year to raise up to $1.5 billion, its chief said on Friday, though it first needs to complete a planned merger with its subsidiary banks.

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'Don't damage trade', emerging market leaders tell Trump from Davos

DAVOS, Switzerland Globalization is good. That's the message leaders of developing countries want to send from the Davos forum to U.S. President-elect Donald Trump, who takes office on Friday.

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Publicis CEO Levy expects his successor to be picked within weeks

DAVOS, Switzerland Maurice Levy expects his successor as chief executive of Publicis to be chosen by the board of the French advertising group within weeks.

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China-U.S. trade tensions high on Big Oil's worry list

DAVOS, Switzerland Oil executives and Middle East producers are concerned that trade tensions between the United States and China risk clouding the outlook for global energy demand growth and a recovery in the price of oil.

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Elections don't cloud improving euro zone outlook: ECB's Villeroy

PARIS A series of elections in major European countries this year like France and Germany will not derail the improving euro zone economic outlook, ECB governing council member Francois Villeroy de Galhau said in a Bloomberg television interview on Friday.

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French finance minister warns U.S. against unilateral bank deregulation

DAVOS, Switzerland France's finance minister has cautioned incoming U.S. President Donald Trump against taking unilateral steps to deregulate the U.S. financial industry, stressing the need for international coordination.

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Exclusive: Malaria champions see Trump uncertainty at crucial time

DAVOS, Switzerland, Jan 20 (Reuters)- When it comes to fighting malaria, Bill Gates and Ray Chambers are both inspired and concerned: With victory in sight, will the world's new leaders commit to finally beating this persistent parasite?

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IMF warns wave of U.S. protectionism would offset any stimulus gains

DAVOS, Switzerland Protectionist policies from the new U.S. administration of President Donald Trump will probably have a negative impact on the economy, overshadowing any positive gains from economic stimulus measures, the head of the IMF said on Friday.

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BOJ Kuroda says solid U.S. growth may push up dollar, upbeat on global outlook

DAVOS, Switzerland Bank of Japan Governor Haruhiko Kuroda said on Friday the prospects of faster U.S. growth may push up the dollar, and he offered an upbeat view on the world economy, dismissing concerns that protectionism could spread and undermine global trade.

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BlackRock CEO says Trump economic policies may be 'loud, noisy and strong'

DAVOS, Switzerland Talks with members of the incoming Donald Trump administration suggest their economic policies will be "loud, noisy and strong" the head of BlackRock, the world's largest money manager, said on Friday.

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BlackRock CEO sees dollar tensions between Trump and Fed

DAVOS, Switzerland The U.S. is facing a period of dollar strengthening, fuelling likely tensions between the new administration of Donald Trump and the Federal Reserve, the chief executive of asset manager BlackRock told a panel in Davos on Friday.

Pharma CEOs in Davos put brave face on Trump presidency

DAVOS, Switzerland Leaders of the global pharmaceutical industry, blasted by incoming U.S. President Donald Trump for "getting away with murder" on drug prices, are putting a brave face on the challenges in their biggest market.

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Impact of job-stealing robots a growing concern at Davos

DAVOS, Switzerland Open markets and global trade have been blamed for job losses over the last decade, but global CEOs say the real culprits are increasingly machines.

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Live Coverage of Davos 2017

Live video and breaking news from the annual World Economic Forum in Davos, Switzerland.  Follow 

Slideshow

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Who's at Davos?

The movers and shakers at the World Economic Forum.  Full Coverage