The World Economic Forum has named its "Young Global Leaders"--including many financial types--and expect them to be forces for global good.» Read More
While the clearing of all Facebook private market trades has been halted for three days, the market continues to operate on an as-normal basis and has not seized up as earlier reports indicated, according to people familiar with the matter.
German Chancellor Angela Merkel has rejected calls for a big increase in the eurozone's rescue fund.
As the top 1 percent gather for the World Economic Forum, the Swiss activists from the Socialist Youth Group of Switzerland have set up their igloos—yes, igloos—in the center of the Alpine City.
The financial crisis, social unrest, and upcoming elections in some of the world’s biggest democracies have increased the risk of "dystopia" in the world, a panel of experts told the World Economic Forum Wednesday.
"The year has started a little firmer," Morgan Stanley CEO James Gorman told CNBC during the Davos World Economic Forum. "The U.S. is in a little better shape than the markets have appreciated, and the markets are catching up."
The “key issue” facing Europe’s banks is raising capital, not improving liquidity, JP Morgan Chase International’s chairman Jacob Frenkel told CNBC Wednesday.
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.
"The old, hierarchical command-and-control approach is increasingly outdated.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.
Europe needs "massive monetary easing" to get out of its debt crisis, otherwise Greece will likely abandon the euro in a year and a half, famous economist Nouriel Roubini told CNBC on Wednesday.
Billionaire investor George Soros on Wednesday minced no words on the financial troubles faced by the Europe Union, as he addressed the future of the EU before an audience in Davos.
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.
Chief executives of some of the world’s best-known companies, gathering at the World Economic Forum in Davos, might be expected to resist any indication that the US raise taxes on the rich.
The mood among chief executives of the world’s biggest companies has gotten worse, but the outlook for jobs may be improving, according to a survey by PricewaterhouseCoopers.
TK Kurien, tells CNBC that his Bangalore-based IT services firm will benefit in a challenging environment as its clients look to cut costs and squeeze out growth.
First timers to the World Economic Forum in Davos will be surprised and impressed by the high visibility of security there, even if they're standing members of the international-conference-going, power-wielding, helicopter-renting set.
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.
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.