BERLIN— German automakers are throwing their support behind a new trade deal being negotiated between the European Union and the United States. Representatives from major car manufacturers like Daimler, BMW, Porsche and Volkswagen lobbied Wednesday for the deal at an event in Berlin. Organizer Matthias Wissmann, of the German Association of the Automobile...» Read More
Beijing’s push for innovation have encouraged the rise of domestic players, arguably at the expense of foreign ones. A CNBC contributor tells us what China needs to do to retain foreign investment.
The trade deficit widened in December, closing out a year in which America's trade gap ballooned by the largest amount in a decade.
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The Group of 20 industrialized nations is on its way to obsolescence and the world is at a point where neither a single country nor a bloc of countries will be able to drive an international agenda, according to Ian Bremmer, president of Eurasia Group, and Nouriel Roubini, chairman of Roubini Global Economics.
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An overwhelming majority of business and financial leaders from around the world think there is a chance that one or more eurozone countries will leave monetary union over the next three years, reports the Financial Times.
The use of technology and learning from other countries are two good ways to boost the US education system, Bill and Melinda Gates, cofounders of the charitable organization the Bill and Melinda Gates Foundation, told CNBC Friday.
Top management at Google plans no major changes in its direction, even though two of the top executives shifting roles in April, CEO Eric Schmidt told CNBC Friday.
The U.K.'s most recent GDP showing was disappointing, but the government can policy make adjustments to improve future performance, Britain's Chancellor of the Exchequer George Osborne told CNBC Friday.
Cash is flowing briskly again, two years after the worst economic crisis since the Great Depression, and is fueling the global economic recovery, JPMorgan Chase CEO Jamie Dimon told CNBC.
China's red-hot economy is fueling inflationary gains in commodities prices, but inflation in emerging markets is nevertheless 'looking manageable" at this point, Dow Chemical boss Andrew Liveris told CNBC in Davos.
"I think there is much more confidence now that we've got a sustainable expansion. It is not a boom," says the U.S. Treasury Secretary.
The US needs to change the way it is spending money if it wants to ensure a sustainable recovery, Joseph Stiglitz, economy professor at Columbia and a Nobel prize laureate, told CNBC Friday from Davos.
Bank of America does not need to raise fresh capital to comply with the new regulations shaping the financial world and the quality of its credit portfolios is getting better, CEO Brian Moynihan told CNBC.
Royal Dutch Shell is seeking to grow organically and sees demand for oil and gas rising over the next years, CEO Peter Voser told CNBC Friday in an interview from Davos.
Consumers are pinching pennies anywhere they can due to continued concern over the global economy , which for some means a willingness to cut services that aren't a necessity.
Shi Agassi, CEO and founder of A Better Place, is at Davos, promoting his company, which provides services for electric vehicles.
Dell founder Michael Dell said networking services to accommodate the wireless craze is now the company's strongest business.
Rep. Barney Frank (D-Mass.), co-author of the Dodd-Frank law, said legislative efforts succeeded in discouraging the "perverse incentive" of the past by prompting companies to provide "more compensation in stock.