The Switzerland-based bank will lose its status as a merchant bank in Singapore due to gross misconduct. » Read More
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.
I thought Barry Sternlicht's, chairman and CEO of Starwood Capital Group, comment about the quickening race upward in commercial real estate values is one worth noting.
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.
Recent figures showing contracting in the UK economy were disappointing, but the data shouldn't stop plans to lower the deficit, UK Deputy Prime Minister Nick Clegg told CNBC.
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.
China could purchase large amounts of struggling European debt at bargain prices, taking away a major threat to the euro zone, Harvard Professor Niall Ferguson told CNBC.
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.
At the World Economic Forum in Davos, CNBC held a keynote session asking if the rise of the East is assured and what that will mean for the jobs market in America and Europe.
Stock markets in the developed world have risen too much, Robert Shiller, economics professor at Yale, told CNBC Thursday.
More banks in Europe will have to be bailed out because of the sovereign debt crisis, but overall the situation the in euro zone is improving, Harvard Professor Ken Rogoff said.
“We’re lucky to be in one of the ‘right’ parts of the world," Standard Chartered CEO Peter Sands tells Maria Bartiromo at Davos. Inflation will be an issue in fast-growing markets.
Contrasted to last year, we are hearing a lot more about growth in this new reality, Steve Ellis, worldwide managing director of the consulting firm Bain & Company, told CNBC on Wednesday.
Higher commodities prices and an uptick in China's inflation rate are putting the global economy in a better situation by cutting the potential for deflation, George Soros, chairman of Soros Fund Management, told CNBC Wednesday.
Ontario Teachers' Pension Plan is responsible for administrating pensions for public school teachers of Ontario. OTPP has over 100 billion in assets, and is up an average of 9.7 percent since it was established in 1990 as an independent organization.
A focus by countries on developing a skilled workforce through improvements in education is necessary, according to participants in a CNBC debate at the World Economic Forum in Davos, Switzerland.
Stephen Schwarzman, founder and CEO of the Blackstone Group, called the State-of-the-Union speech part of a welcome move to the center following the midterm elections.
It has been 125 years since the first icy-cold coke was served. And today, CEO Muhtar Kent outlined key initiatives the company is taking to keep Coke as one of the most recognized and successful companies throughout the globe.
The White House plan to partially freeze government spending is just "spare change" compared to a budget deficit of more than $1 trillion and eventually the US will have to raise taxes, economist Nouriel Roubini told CNBC Wednesday.
Chief executives, government leaders and academics around the world are headed to Davos, Switzerland, for the World Economic Forum’s annual meeting this week — a heady power gathering that mixes business, politics and Champagne in the Swiss Alps.