Volatility has become a way of life, but people still have to eat. That's why sales at Dupont's agricultural businesses, including seed and insecticide, have been strong, according to CEO Ellen Kullman.
A deal with private investors to swap Greece's debt to a more manageable burden is close to being concluded and the next three days are crucial, Olli Rehn, the European Union's monetary affairs commissioner, said during a debate hosted by CNBC in Davos.
The biggest risk brought on by the euro debt crisis is "Balkanization" – the fragmentation of economic interests according to narrow, mainly national criteria, UK Chancellor George Osborne told CNBC Friday.
The euro has fundamental flaws, with no room for flexibility and Europe needs to move towards a political union as the euro cannot survive in its current format, Dr Gerard Lyons, chief economist at Standard Chartered told CNBC on Friday at the World Economic Forum in Davos.
Proposals for a tax on financial transactions in the euro zone will become reality, Wolfgang Schaueble, Germany’s finance minister, told CNBC at the World Economic Forum in Davos Friday.
There is still a long, hard struggle ahead to fix the U.S. and Europe’s economies, Larry Summers, the Harvard University professor and former Treasury Secretary, told CNBC at the World Economic Forum in Davos Friday.
The European Union's Commissioner for Competition dismissed criticism that moves to block the merger between NYSE Euronext and Deutsche Boerse were indicative of a Europe-wide problem of being too difficult on regulation.
Young people should work for free for up to two years to gain experience, youth and business leaders said at the World Economic Forum in Davos Thursday.
Societe Generale CEO Frederic Ouday said there are "some positive signs" that things are improving within the European Union, albeit slowly.
Michael Fries, chief executive of cable operator Liberty Global sits down with CNBC to discuss its growth strategy.
There is still “a lot of money” left in the European Financial Stability Facility (EFSF), the fund set up to bail out struggling euro zone countries, Klaus Regling, chief executive of the fund, told CNBC Thursday.
The Internet is more resilient to the economic downturn than other industries, Eric Schmidt, Executive Chairman of Google told CNBC in Davos on Thursday, and it will continue to create opportunities for “alarmingly interesting” things1st paragraph of story should go here
The newly-elected Islamist governments in countries such as Egypt need to address urgent economic issues such as unemployment ahead of religious concerns, political leaders and religious experts said at the World Economic Forum Thursday.
It is “inevitable” that Facebook will go public and when it does it could be “the largest offering in history,” said Sean Parker, the first president of the social-networking site, in an interview with CNBC at the World Economic Forum in Davos.
It might sound heretical for a leader of a communications firm to suggest it, but lately I’ve been thinking that a lot of big brands and companies should take a vow of silence.
Investors underestimate just how positive an effect the ECB's move to flush the market with liquidity has had on banks, Huw van Steenis, head of EMEA banks and financials research at Morgan Stanley, said.
The impact of a Greek default on American banks would be negligible, JP Morgan Chase CEO Jamie Dimon told CNBC on Thursday, and while there are chances of a bad outcome in Europe, he is not concerned about unpleasant surprises in the region.
The Federal Reserve’s announcement on interest rates was welcomed by business leaders in Davos Thursday morning – but there is still nervousness about the future of the US economy.
Growth in Central and Eastern Europe hinges on developments in the euro zone and a slowdown in the CEE region is already underway, European Bank for Reconstruction and Development (EBRD) chief economist Erik Berglof told CNBC on Wednesday.
Austerity alone does not deliver the rewards it is meant to and the threats of stunted economic growth and recession remain high in the euro zone, Stephen King, global chief economist at HSBC told CNBC.