The U.K.'s most recent GDP showing was disappointing, but the government can policy make adjustments to improve future performance, Britain's Chancellor of the Exchequer George Osborne told CNBC Friday.
Cash is flowing briskly again, two years after the worst economic crisis since the Great Depression, and is fueling the global economic recovery, JPMorgan Chase CEO Jamie Dimon told CNBC.
China's red-hot economy is fueling inflationary gains in commodities prices, but inflation in emerging markets is nevertheless 'looking manageable" at this point, Dow Chemical boss Andrew Liveris told CNBC in Davos.
"I think there is much more confidence now that we've got a sustainable expansion. It is not a boom," says the U.S. Treasury Secretary.
The US needs to change the way it is spending money if it wants to ensure a sustainable recovery, Joseph Stiglitz, economy professor at Columbia and a Nobel prize laureate, told CNBC Friday from Davos.
Bank of America does not need to raise fresh capital to comply with the new regulations shaping the financial world and the quality of its credit portfolios is getting better, CEO Brian Moynihan told CNBC.
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.