During Europe's financial crisis the European Central Bank has been "an anchor of stability and confidence," former president Jean-Claude Trichet said.
The euro has fundamental flaws, with no room for flexibility and Europe needs to move towards a political union as the euro cannot survive in its current format, Dr Gerard Lyons, chief economist at Standard Chartered told CNBC on Friday at the World Economic Forum in Davos.
Despite natural gas prices falling to near 10-year lows last week, Shell's CEO Peter Voser says demand for gas will be much higher than oil in the long term with the Asia-Pacific region driving the sector's growth.
The decision by the U.S. Federal Reserve earlier this week to keep interest rates near zero through 2014, is going to likely have an impact on industries like insurance that depend on investment income.
The newly-elected Islamist governments in countries such as Egypt need to address urgent economic issues such as unemployment ahead of religious concerns, political leaders and religious experts said at the World Economic Forum Thursday.
The impact of a Greek default on American banks would be negligible, JP Morgan Chase CEO Jamie Dimon told CNBC on Thursday, and while there are chances of a bad outcome in Europe, he is not concerned about unpleasant surprises in the region.
The Internet is more resilient to the economic downturn than other industries, Eric Schmidt, Executive Chairman of Google told CNBC in Davos on Thursday, and it will continue to create opportunities for “alarmingly interesting” things1st paragraph of story should go here
It is “inevitable” that Facebook will go public and when it does it could be “the largest offering in history,” said Sean Parker, the first president of the social-networking site, in an interview with CNBC at the World Economic Forum in Davos.
It might sound heretical for a leader of a communications firm to suggest it, but lately I’ve been thinking that a lot of big brands and companies should take a vow of silence.
Investors underestimate just how positive an effect the ECB's move to flush the market with liquidity has had on banks, Huw van Steenis, head of EMEA banks and financials research at Morgan Stanley, said.
Austerity alone does not deliver the rewards it is meant to and the threats of stunted economic growth and recession remain high in the euro zone, Stephen King, global chief economist at HSBC told CNBC.
Growth in Central and Eastern Europe hinges on developments in the euro zone and a slowdown in the CEE region is already underway, European Bank for Reconstruction and Development (EBRD) chief economist Erik Berglof told CNBC on Wednesday.
Consumer demand for media technology is strong, and small- and medium-sized businesses will be a growth area for media technology in the next few years, the chairman and CEO of Comcast told CNBC Thursday.
German Chancellor Angela Merkel has rejected calls for a big increase in the eurozone's rescue fund.
"The old, hierarchical command-and-control approach is increasingly outdated. Instead, the ability to seek out diverse viewpoints and identify blind spots has become essential," writes Beth Brooke, Global Vice Chair, Public Policy at Ernst & Young.
The euro zone is nowhere near finding a solution to the debt crisis plaguing it and needs deep restructuring as well as a new constitution as part of an effective long-term remedy as printing money will not solve its problems, Kenneth Rogoff, Professor at Harvard University told CNBC on Wednesday.
Employment is the most important issue facing the world over the next decade, Vikram Pandit, chief executive of Citigroup, along with the other co-chairs of the World Economic Forum, told journalists in Davos Wednesday.
Even though falling solar panel prices led to a plunge in solar stocks in 2011, the CEO of U.S.-listed Suntech, the world's largest producer of panels, remains upbeat on the sector, saying it is has now become competitive vis-à-vis other energy sources.
Uncertainty and volatility will likely be the two words we will hear most during the first two days in Davos — uncertainty about economic growth rates, particularly in Europe, and volatility in commodity prices driven by continuing demand in emerging markets and possible political disruptions around the world.
Although private equity is part of the larger capital markets that have driven growth and job creation in America, Glenn Hutchins, Silver Lake co-founder and co-CEO, tells CNBC that private equity gets a bad rap.
More than 40 years since the World Economic Forum (WEF) began as the rather less-impressive sounding European Management Forum, political leaders, chief executives of the world’s biggest banks, royalty, actors and pop stars will converge on the small Swiss ski resort of Davos next week.
Food prices and security, threatened by weather-caused production declines and relentless rising demand, will be a key issue at the conference of world business, political and social leaders.
As investors and consumers watch them more closely, corporations are growing more conscious of their environmental and social behavior.
Last year, our favorite story from Davos explained the on-going battle involving wives, mistresses and aspiring mistresses. It was just the right combination of rumor, scandal and cutting details. The first edition of this year's version of the Davos Wife confessional is somewhat tamer.
The International Monetary Fund needs $500 billion to help contain the spreading European debt crisis, the organization's managing director, Christine Lagarde, told CNBC.
The annual meeting of the world's power brokers in Switzerland tackles some big subjects and attracts a lot of media attention but so what?
Every year, 2,500 of the globe’s biggest thinkers and doers – ranging from finance to politics – gather in the small Swiss alpine resort of Davos for the World Economic Forum to take on the problems of humankind. It’s a major media event, worthy of a CNBC.com quiz.
Business leaders and policymakers cautioned against complacency amid optimism the euro zone is emerging from the crisis.
Bank of Canada Governor Mark Carney cautioned against a consensus among delegates at the World Economic Forum that the worst of the euro zone debt crisis was over.
Check out some of the rich and powerful at Davos.