At Davos, Sir Mike Rake, President of Confederation of British Industry (CBI) and chairman of BT Group says that the benefits of staying in the European Union outweigh the costs.» Read More
Ignazio Visco, governor at the Bank of Italy, says the Italian recovery is weak but on track and that banks need to continue their efforts to increase provisions and capital ratios.
Alexei Mordashov, CEO at Severstal, expects a "significant" increase in steel demand in 2014 but says the problem for steel companies are the margins due to overcapacity.
European equities closed lower on Thursday following disappointing data from the U.S., with manufacturing growth slowing in January.
Palaniappan Chidambaram, India's finance minister, says that he would rather go into the upcoming elections as "an underdog" than on a triumphant note.
Oleg Deripaska, CEO at Rusal, explains that the aluminium sector needs supply-side "discipline" to recover.
Fabrizio Saccomanni, Italy's finance minister, says that Italy is now recovering and that measures have been taken to facilitate youth employment and lending to SMEs.
Farhad Moshiri, chairman at USM, says that lack of communication is keeping investors away from Russia.
Frans Van Houten, CEO at Royal Philips Electronics, says the healthcare market is "very exciting" and provides many opportunities, especially using the "internet of things."
Ignacio Galan, CEO at Iberdrola, says that what the European energy sector needs most is "stability" and warns the UK opposition party's proposal for price caps could cause an energy crisis.
Fredrik Reinfeldt, Sweden's prime minister, says job creation will be the main campaign issue and that Swedes want better welfare and living conditions.
Federico Ghizzoni, CEO at Unicredit, says that while Italy is recovering, it will do so at a slower pace than most European countries, and also discusses the Italian banking sector.
Ibrahim Adbul Aziz Al Assaf, Saudi Arabia's finance minister, says that Iranian oil will not "flood" the market and that agreeing on an increase will "take some time."
Mohammed Al-Mady, CEO at SABIC, says that U.S. shale "is a challenge for us and we have to be in the challenge" and that he believes 2014 to 2017 will be "excellent years."
Roberto Quarta, chairman of Clayton, Dubilier & Rice Europe, IMI and chairman elect at Smith & Nephew, says overregulation and macro-uncertainty kept companies from investing.
Mustafa Adbel-Wadood, partner at Abraaj Group, specialises in emerging markets and says there are a lot of opportunities but that they are "very nuanced."
Herman Gref, CEO at Sberbank, says there are a lot of concerns about the slowdown of the Russian economy but the country is a "gift to foreign investors."
Sir Roger Carr, chairman at BAE Systems, says that while the economy is "hugely better", people should still be on their guard.
Alexei Ulyukayev, Russia's minister of economic development, expects growth to reach 2.5 percent in 2014 due to higher exports and increased investments.
Natarajan Chandrasekaran, CEO at Tata Consultancy Services, says that there are opportunities in every market thanks to the fast rate of change in the tech industry.
Christian Meissner, head of global corporate and investment banking at Bank of America Merrill Lynch, says that U.S.-exposed banks are benefiting from the U.S.'s better underlying environment but that Europe remains a "long-term game."