As the world's elite settle into a snowy, icy week of panels and cocktail parties in Davos, they'll have a lot to worry about: a nationalist wave is upending the global system. They're also looking more optimistic about their businesses than they were a year ago.
In its annual survey of almost 1,400 chief executives, the audit and professional services firm PwC found the majority are now concerned that protectionism, not free trade, is on the rise, alongside skepticism of big businesses on both the left and right.
"Over the last couple years, what you see is an increase in the amount of concern around geopolitical risk, uncertainty that is more pronounced," PwC's global chairman Bob Moritz told BuzzFeed News. The other major issue that's come to the attention of business chiefs recently, Moritz said, was the public's perception of what they do, especially on social media.