Davos leaders see a new normal in 2024

President of the European Central Bank (ECB) Christine Lagarde attends a session on the closing day of the World Economic Forum (WEF) annual meeting in Davos, on January 19, 2024.  Fabrice Coffrini | Afp | Getty Images European Central Bank President Christine Lagarde said she does not expect a return to economic “normality” in 2024, … Read more

India goes big to woo investors at World Economic Forum

India’s position on the global value chain is shifting due to government incentives and a digitally savvy economy Getty Premiums DAVOS, Switzerland — Along the Davos Promenade, attendees of the World Economic Forum stumble across the WeLead Lounge, a repurposed storefront showcasing India’s female leadership and talent. There’s also the India Engagement Center, a space … Read more

All approved bitcoin ETFs won’t survive, defends fees

Michael Sonnenshein at the 2022 Forbes Iconoclast Summit at New York Historical Society on Nov. 3, 2022. Arturo Holmes | Getty Images Entertainment | Getty Images DAVOS, Switzerland — Grayscale Investments CEO Michael Sonnenshein told CNBC that most [says all 11 in the headline, summary and key point though] of the approved bitcoin exchange-traded funds won’t … Read more

Ukraine dismisses Trump-Putin relationship, brushes off U.S. election fears

Minister of Foreign Affairs of Ukraine Dmytro Kuleba attends a joint briefing with Minister of Foreign Affairs of the Netherlands Hanke Bruins Slot. Future Publishing | Getty Images Ukraine’s Foreign Minister Dmytro Kuleba told CNBC Thursday that he does not think there would be a big shift in support away from his country if Donald … Read more

AI will be fine regardless of who wins White House

Sam Altman, chief executive officer of OpenAI, at the Hope Global Forums annual meeting in Atlanta, Georgia, US, on Monday, Dec. 11, 2023. Dustin Chambers | Bloomberg | Getty Images DAVOS, Switzerland — OpenAI founder and CEO Sam Altman said generative artificial intelligence as a sector, and the U.S. as a country are both “going … Read more

Top CEOs fear that volatile supply chains are now just the new normal

The Ebba Maersk container ship, operated by A.P. Moeller-Maersk A/S, leaves Suez port and heads towards the Red Sea after passing through the Suez Canal in Suez, Egypt on Saturday, April 6, 2013.  Kristian Helgesen | Bloomberg | Getty Images DAVOS, Switzerland — Top CEOs are closely following tensions in the Red Sea, warning that … Read more

India goes big too woo investors at World Economic Forum

India’s position on the global value chain is shifting due to government incentives and a digitally savvy economy Getty Premiums DAVOS, Switzerland — Along the Davos Promenade, attendees of the World Economic Forum stumble across the WeLead Lounge, a repurposed storefront showcasing India’s female leadership and talent. There’s also the India Engagement Center, a space … Read more

U.S. executives see a Trump victory in 2024

Republican presidential candidate and former U.S. President Donald Trump gestures as he takes the stage at his caucus night watch party in Des Moines, Iowa, U.S., January 15, 2024.  Evelyn Hockstein | Reuters DAVOS, Switzerland — Global business leaders may be in the snowy hills of Switzerland, but their conversations keep returning to Washington, D.C. … Read more

AI models don’t need publishers’ data

Sam Altman, CEO of OpenAI, at the Hope Global Forums annual meeting in Atlanta on Dec. 11, 2023. Dustin Chambers | Bloomberg | Getty Images DAVOS, Switzerland — Sam Altman said he was “surprised” by the New York Times’ lawsuit against his company OpenAI, saying its artificial intelligence models didn’t need to train on the … Read more

Israel’s ban on Palestinian workers is hurting its economy: central bank

Amir Yaron, governor of the Bank of Israel, speaks during an interest rates news conference in Jerusalem, Israel, on Monday, Nov. 27, 2023. Kobi Wolf | Bloomberg | Getty Images The immediate ban on nearly all Palestinian workers to enter Israel following the Hamas-led terror attack of Oct. 7 has dealt a shock to the … Read more