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The Latest Breaking News from Davos

Wall Street eager to strike deals with Saudi Arabia, despite political concerns

U.S. executives and billionaire investors are mingling and making deals at a conference nicknamed "Davos in the Desert," even as the White House reevaluates relations with Saudi Arabia.

WEKU

Artist with synaesthesia puts Greta Thunberg’s Davos speech on canvas

Northern Irish painter Jack Coulter used the climate activist’s words and music by the 1975 to create the piece

The Guardian - UK

B.J. Novak and Ashton Kutcher talk 'Vengeance,' 'Punk'd' and a 'friend at Davos'

In 2003, not long before he vaulted to fame as Ryan Howard on NBC's "The Office," a then-unknown B.J. Novak landed his first major break when Ashton Kutcher cast him on his MTV celebrity-prank show "Punk'd."

Los Angeles Times

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Cost-of-Living Crisis to Hit Women Hardest, Report Says

A cost-of-living crisis sparked in part by higher fuel and food prices is expected to hit women the hardest, the World Economic Forum reported Wednesday, pointing to a widening gender gap in the global labor force. The Geneva-based think tank and event organizer, best known for hosting an annual gathering…

Asharq Al-Awsat

Uber broke laws, duped police and secretly lobbied governments, leak reveals

124,000 documents expose inner workings behind US tech firm’s rise as a global empire responsible for 19m journeys a day

The Guardian - UK

Sanctions-hit Kremlin stages 'Russian Davos' bereft of elite, Putin speaks Friday

Russia for years hosted world leaders and business titans at its annual economic forum in St Petersburg, but the "Russian Davos" will see little of the global financial elite this year with Moscow isolated by sanctions over its actions in Ukraine.

Reuters

Food giants reap enormous profits during times of crisis

A recent report by Oxfam International has found that 62 new “food billionaires” were created during the pandemic. The report, released ahead of this year’s World Economic Forum in Davos, Switzerland, highlights the record profits made by industry titans.

The Conversation

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Global food crisis: Leaders urge action as Ukraine war strains supply chains

The world is on the verge of its worst food crisis in history. In this special edition, FRANCE 24's Business Editor Kate Moody asks leaders in Davos what they are proposing to protect the most vulnerable. Our reporters also look at how Finland has become one of the most food-resilient…

France 24

A.P. govt. returned ‘almost empty-handed’ from Davos, alleges TDP

Telugu Yavatha leader demands White Paper on industrial growth

The Hindu

‘We spark curiosity’: how the psychedelics industry is taking on Davos

The Psychedelic House of Davos, a satellite event happening in conjunction with the World Economic Forum, was a ‘genius strategy’ to build credibility, say experts

The Guardian - US

WEF president lauds Jagan’s ‘active participation’ in Davos meet

GUNTUR

The Hindu

Saudi Govt Reviews Kingdom's Local, Int'l Achievements in Climate, Economy, Tech

The Saudi government reviewed on Tuesday the participation of the Kingdom at the recent World Economic Forum in Davos. Custodian of the Two Holy Mosques King Salman bin Abdulaziz chaired the cabinet meeting that was held in Jeddah. The cabinet also reviewed Saudi Arabia's participation at the World Health Organization…

Asharq Al-Awsat

A.P. signed MoUs worth ₹1.25 lakh crore on green energy projects at Davos meet, says Amarnath

‘We also showcased the long coastline in the State for development of port-based businesses’

The Hindu

For Telangana, a bagful from Davos

For a State that believes that the Centre is giving it the cold-shoulder, the new investments are significant

The Hindu

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Asharq Al-Awsat

Saudi Arabia Concludes Participation at Davos WEF 2022

Saudi Arabia’s delegation concluded its participation at the World Economic Forum (WEF) 2022, which was held in Davos, Switzerland, from May 22 to 26 May 2022, under the title “History at A Turning Point: Government Policies and Business Strategies”. The Kingdom’s delegation participated in many public and private dialogue sessions…

Financial Times

The war on ‘woke capitalism’

Rightwing populists and industry sceptics are mounting a backlash against a vision for business that looks beyond profits

France 24

Davos 2022: Canada says 'all options on the table' regarding sanctions on Russia

On the sidelines of the World Economic Forum in Davos, Canada's Industry Minister François-Philippe Champagne has told FRANCE 24 that "all options are on the table" when it comes to sanctions on Russia over its invasion of Ukraine. He also detailed the country’s burgeoning electric vehicle industry, and how it…

The Hindu

In Davos, Karnataka succeeded in attracting ₹60,000 crore investment: Bommai

Many MNCs have assured of investment in the State in the coming days, says CM

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Caixin Global

How Davos Fell Behind the Times

The WEF and other global forums, once a haven for the elite to debate and set the global agenda, are increasingly providing less and less leadership

France 24

Davos Debate 2022: A new era of industrial development?

Two years of crises have changed almost everything we thought we knew about business and politics, including how they intersect. Supply chains have been turned upside down, while national economic interests have clashed with global partnerships. So is now the time for bigger and bolder spending, cooperation and innovation? Is…

Radio France Internationale

Irish PM warns of dangers of 'shocking', 'unnecessary' UK-EU trade war

Speaking on the fringes of this week's World Economic Forum in Davos, Switzerland, Irish leader Michéal Martin blamed the United Kingdom and Conservative Prime Minister Boris Johnson for a deadlock in talks between Brussels and London over the movement of goods between Britain and Northern Ireland.

Asharq Al-Awsat

Al-Falih: We Have Quadrupled Foreign Investment Flows

It might seem somewhat strange for one of the biggest electric car producers to open a factory in one of the world’s major oil-producing countries, but it actually boils down to the story of the most exciting economic transformation of the 21st century. “It is one of the most exciting…

Asharq Al-Awsat

Bejjani: Digital Investments Boosted Majid Al Futtaim's Resilience During the Pandemic

Digital investments have boosted Majid Al Futtaim's resilience during the COVID-19 pandemic and accelerated its recovery, announced CEO Alain Bejjani. Majid Al Futtaim is the leading shopping mall, communities, retail, and leisure pioneer across the Middle East, Africa, and Asia. In an interview with Asharq Al-Awsat on the sidelines of…

Evening Standard

World Economic Forum: Elites descend but does Davos still have clout?

It’s a playground of power, privilege and blue-sky thinkers — but with the world in turmoil, it wasn’t quite business as usual when the 0.1 per cent met in the mountains this week. By Anne McElvoy

The Guardian - UK

What hope is there for diplomacy in ending the Russia-Ukraine war?

Analysis: Western leaders are divided on arming Ukraine, oil embargoes and whether Kyiv will have to accept territory loss

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