Monetary policies must not be directed at devaluing currencies, the Group of Seven nations said in a statement aimed at cooling growing international tensions over exchange rates and prompting yen to surge.
Boris Collardi, CEO at Julius Baer, tells CNBC that January has been a pretty decent month and if it continues they are in for a very decent year.
Italy's former Prime Minister Silvio Berlusconi announced his "last great electoral and political battle" on Sunday.
The game may soon be up for banks that have made themselves look healthier by understating how risky their businesses are, which should help pension funds, savers and companies to decide which institutions to invest in.
Amid the increasingly crowded space of social media and social commerce businesses, what does it take to stay on top and stand out in the tech startup arena? Brand loyalty and exclusive products, said one Silicon Valley executive to CNBC.
Japan's economy minister rejected criticism on Saturday that his country's extraordinary fiscal and monetary stimulus program was aimed at weakening the yen and undermined central bank independence.
Business leaders and policymakers cautioned against complacency amid optimism that the euro zone is emerging from the crisis.
Bank of Canada Governor Mark Carney warned against an emerging consensus among delegates at the World Economic Forum in Davos that the worst of the euro zone debt crisis was over.
Corporate chieftains gathered in Davos, Switzerland this week see reason to be optimistic that the shale boom can re-industrialize the US economy and drive not only U.S. but also global growth.
Deadly diseases like malaria, tuberculosis and HIV that afflict the world's poorest the most can be eradicated, Microsoft founder Bill Gates said, but he worries austerity measures could clip some public funding.
"I'm very confident that we will do the Muhammad Ali thing in round 8…Wednesday is round 8," RIM's CEO said at a debate in Davos. Ali won a fight with a knockout in the eighth round.
The Crossroads Foundation is offering all Davos attendees an up-close and personal encounter with poverty through its 'Struggle for Survival' program.
Henkel CEO Kasper Rorsted questions whether Europe has completely turned the corner on its economic and political woes.
It is difficult to export and compete with the U.S. due to the high euro/dollar exchange rate, which should be around parity, says Giuseppe Recchi, chairman of Italy's Eni.
Amir Elstin chair of Israel Corp, the country's largest holding company, says investors are confused. "Capital markets are behaving like it is good times, but people do not understand if it is on fundamentals."
Natural attributes - demographics and agriculture - are all in Africa's favor, says V. Shankar, executive director of Standard Chartered, and governance is improving.
Yahoo CEO Marissa Mayer is confident that her company will be able to capitalize on the explosion in mobile communication, saying Yahoo will focus on strong partnerships with Apple, Google and Facebook.
Kirill Dmitriev, chief executive officer of RDIF, says Russia is one of the few countries in the world that can deliver growth, and joining the World Trade Organization (WTO) has made it more competitive.
Italy Central Bank Governor Ignazio Visco has told CNBC that there is no question about the stability of Italy's Monte dei Paschi bank after it suffered a $1 billion loss on derivatives trades.
Prince Turki bin Faisal Al Saud, former Saudi Ambassador to the U.S., says "nobody is doing anything" about the unrest in Syria and if the world had acted six months ago, we would not be in this "mess".