Jamie Dimon says he’s done talking about bitcoin: ‘I don’t care’
DAVOS, Switzerland — Bitcoin does nothing, JPMorgan Chase CEO Jamie Dimon said Wednesday on the sidelines of the World Economic Forum. “I call it the pet rock,” he added. Dimon…
Mega-rich renew call on global leaders at Davos to ‘tax our extreme wealth’
Austrian Marlene Engelhorn, who inherited from her family who owns the Germany’s chemical giant BASF, poses with a placard reading “Tax the rich!” at the entrance of the Congress center…
Latest news on the World Economic Forum 2024
UBS CEO: Returning to lead the bank was ‘quite a surreal experience’ Sergio Ermotti, chief executive officer of UBS Group Stefan Wermuth | Bloomberg | Getty Images Sergio Ermotti, CEO…
AI takes over WEF’s main area pushing crypto aside
A pedestrian walks past the TATA pop up store with a poster reading ‘The Future is AI’ ahead of the World Economic Forum (WEF) in Davos, Switzerland, on Sunday, Jan.…
IMF warns AI to hit almost 40% of global employment, worsen inequality
A pedestrian walks past the TATA pop up store with a poster reading ‘The Future is AI’ ahead of the World Economic Forum (WEF) in Davos, Switzerland, on Sunday, Jan.…
Davos party secrets: Caviar, magic mushrooms, champagne
Forget the fondue. Caviar, magic mushrooms, gold-leaf desserts, A-list selfies, $2,500-per-night hookers and secret dinners are likely to be on the menu as scores of private jets touch down in…
UBS earnings Q4 and FY 2022
UBS reported fourth quarter and full-year earnings. Fabrice Coffrini | Afp | Getty Images UBS beat market expectations with its latest results on the back of lower expenses and higher…
Analyst sees market making a big mistake with the energy transition
The pace of change in the modern world is often rapid and dizzying. Technologies that seem integral to our lives can, in what feels like an instant, become redundant and…
Davos is a Swiss ‘miss’ at solving world problems
Covering the World Economic Forum in that smallish village of Davos, Switzerland, is an odd affair. Big news should come out of the conference given its list of attendees —…
EU announces new green proposals to rival Biden’s IRA
Ursula von der Leyen, President of the EU Commission, spoke at the World Economic Forum. Pool | Getty Images News | Getty Images DAVOS, Switzerland — The president of the…