Page 18 - World Economic Forum

WEF summit: More forecast downgrades possible, no recession, says IMF

Members of the global elite are back in Davos after a two-year hiatus due to the pandemic

WEF summit: World economy has 'buffer' against recession, says Gopinath

"I would say at 3.6 per cent there is a buffer," she said, conceding, however, that risks are uneven around the world

Economic fragmentation to have a dire impact: World Economic Forum

'World is facing the worst food insecurity in recent history'

WEF 2022: Aramco CEO warns of global oil crunch due to lack of investment

Amin Nasser said on Monday he was sticking to the target of expanding capacity to 13 million barrels per day from the current 12 million by 2027, despite calls to do it faster

'Coin' in Bitcoin name doesn't make it money, warns IMF chief Georgieva

Anything not backed by a sovereign guarantee can be an asset class but not a currency, as she asserted that Bitcoin cannot be 'money' just because it has got 'coin' in its name.

As WEF gets underway at Davos, India sells stability, growth, and dynamism

WEF 2022: With the war in Ukraine, world is grappling with economic uncertainty, but India finds itself in a sweet spot at the World Economic Forum in Davos

WEF meet: Karnataka inks MoU with Lulu group for Rs 2,000 cr investment

The Chief Minister held talks also with heads of Jubilant Group, Hitachi, Hero MotoCorp, Siemens, Dassault Systems and Nestle, among others.

Use Covid learning to boost global health: Adar Poonawalla to world leaders

Serum Institute of India (SII) CEO Adar Poonawalla on Monday said he is appealing to multilateral organisations and world leaders to come up with a draft about learnings from the COVID-19 pandemic to strengthen health systems globally. The learnings from the global pandemic would help in addressing inequity in the health systems that are prevalent currently, Poonawalla said. "This year @Davos, I am appealing to multilateral organisations & world leaders to come together in creating a draft, learning from the lessons of the pandemic for a Global Pandemic Treaty to address inequity & strengthen global health systems," he tweeted. Pune-based SII is the world's largest vaccine manufacturer by the number of doses produced and sold globally. During the pandemic, the company not only supplied COVID-19 vaccines in India but also exported these to multiple nations.

WEF is back after two years and pandemic-related curbs are still intact

Delegates had to upload proof of primary and booster vaccination, an RT-PCR negative test result taken 72 hours before arrival, and get tested once after arrival to continue participation in the Forum

WEF 2022: 'Net-zero by 2050' commitment clearly visible in Davos

The energy security crisis since Russia's invasion of Ukraine must not lead to a deeper dependence on fossil fuels, International Energy chief Fatih Birol said on Monday at WEF

WEF 2022: Crypto firms dominate Davos main street despite price crash

Tether offered passers-by free slices to celebrate Bitcoin Pizza Day in May. 22, when in 2010 Lazlo Hanyecz paid for two pizzas with 10,000 bitcoin, worth about $41 at the time

Investcorp targets $400 mn at Indian school infrastructure, warehousing

Investcorp now has plans to deploy $400 million over four years on real estate in India, Rishi Kapoor said in an interview at the World Economic Forum in Davos

WEF 2022: UN official still hopes Musk will 'step up' to fight world hunger

In response to David Beasley's challenge last year to the super wealthy to end global hunger, Musk said he would sell $6 bn of Tesla stock and donate it to the World Food Programme

Zelensky compares Russia's invasion with Sarajevo in 1914, Munich in 1938

Zelensky called for "maximum" sanctions against Russia, including an oil embargo and complete withdrawal of foreign companies.

Day 1 at World Economic Forum 2022 in Davos: What business leaders said

Infosys CEO Salil Parekh said that accessibility is massive and with platforms like Coursera, it is easier to get skilled in any chosen field

Intel CEO Pat Gelsinger says chip shortage risks global expansion

Gelsinger said at a press roundtable on the sidelines of the World Economic Forum that to us, this is now the No. 1 issue, is in fact the delivery of equipment

WEF 2022: Crypto crowd dominate Davos main street despite price crash

The crypto crowd's prominence at Davos, while largely on the sidelines of the main event, comes as cryptocurrencies shed $800 bn in market value earlier this month

WEF 2022: Ukraine President calls for maximum sanctions on Russia

Ukrainian President Volodymyr Zelenskyy on Monday called for "maximum sanctions" on Russia, including a ban on all Russian banks, a Russian oil embargo and stopping all trade with Russia.

WEF 2022: India sells stability, growth, and dynamism at Davos

With the war in Ukraine, world is grappling with economic uncertainty, but India finds itself in a sweet spot at the World Economic Forum in Davos

WEF 2022: DPITT sends delegation with agenda to increase India's exposure

As India assumes the presidency of the G20 in 2023, the initiative will boost India's position at WEF 2022 meet as an important stakeholder in shaping global narrative