Edition:
United States

Silvia Aloisi

Gloomy forecast for Davos: crises aplenty, but few world leaders

Jan 28 2019

(In this January 17 story corrects attendance fee paid by Precognize CEO in last paragraph)

CORRECTED-Gloomy forecast for Davos: crises aplenty, but few world leaders

Jan 28 2019

* Trade row, recession fears and global tensions dominate agenda

Orcel expects compensation from Santander for withdrawn CEO job - source

Jan 25 2019

LONDON/DAVOS Andrea Orcel is awaiting a compensation offer from Santander to cover lost future earnings after the Spanish lender abruptly ditched the Italian banker's appointment as chief executive, a source familiar with the matter told Reuters.

Orcel expects compensation from Santander for withdrawn CEO job -source

Jan 25 2019

LONDON/DAVOS, Jan 25 Andrea Orcel is awaiting a compensation offer from Santander to cover lost future earnings after the Spanish lender abruptly ditched the Italian banker's appointment as chief executive, a source familiar with the matter told Reuters.

Swiss Re makes digital side-bet as premiums languish

Jan 25 2019

DAVOS, Switzerland The world's second-largest reinsurer, Swiss Re, plans to double down on a small, new online insurance venture as its huge core business continues to be pinched by losses on natural disasters and what it calls unsustainably low premiums.

UBS CEO: no way back for ex-investment banking chief Orcel

Jan 24 2019

DAVOS, Switzerland The return of investment banker Andrea Orcel to Swiss banking giant UBS is not a "realistic option", UBS's Chief Executive Sergio Ermotti told Reuters on Thursday. | Video

France seeks support for minimum corporate tax at world level

Jan 24 2019

DAVOS, Switzerland France called on Thursday for a new global system of taxation, including a tax on digital giants, as governments look to prevent companies from shopping around for tax havens.

UPDATE 3-Italy's Popolare Bari studying tie-up with other southern banks - sources

Jan 23 2019

MILAN/DAVOS, Jan 23 Popolare di Bari is studying a possible tie-up with other local mutual banks, two sources said, as the Rome government said it was keeping an eye on the situation at the troubled southern Italian lender.

Tria says Italy will hit budget goal, no need for correction

Jan 23 2019

DAVOS, Switzerland Italy will meet its key budget deficit target for this year and there is no need for any corrective measures to prevent an overshoot, Economy Minister Giovanni Tria said on Wednesday.

Davos bankers try to put brave face on gloomy outlook

Jan 22 2019

DAVOS The International Monetary Fund has cut its global growth forecasts for the second time in three months. Central banks in the U.S. and Europe are reversing a decade of ultra-loose monetary policy. Trade tensions between Washington and Beijing are hurting investor sentiment worldwide.

World News