U.S. executives in Davos see a Trump victory in 2024, and no cause for concern
Both publicly and privately, many U.S. executives at Davos expressed calm and readiness for a potential Donald Trump return to the White House.
Deutsche Bank CEO says acquisitions not a ‘priority’ as Commerzbank rumors swirl
Deutsche Bank CEO Christian Sewing said that merger and acquisition activity is not a priority, as speculation resurfaces over the future of rival Commerzbank.
OpenAI CEO Sam Altman says ChatGPT doesn’t need New York Times data amid lawsuit
OpenAI boss Sam Altman said his company wanted to pay the outlet “a lot of money to display their content” in ChatGPT.
Israel’s ban on Palestinian workers is causing supply shocks to its economy: Central bank governor
More than 150,000 Palestinian workers from the occupied West Bank entered Israel daily for work in a range of sectors prior to Oct. 7.
China courts global elite at Davos with largest presence in years
China’s 2024 Davos delegation is estimated to be the largest since 2017, when President Xi Jinping led an 80-strong cohort up the Swiss mountain.
This fund scored a big win with its bet on Adani. Now, it could be pressing pause
One of the biggest investors in the India’s Adani Group, Rajiv Jain of GQG Partners, said he may be done investing in the firm.
Barclays CEO says difference in Labour and Conservative economic policy is ‘fairly minimal’
The difference between the Conservatives and Labour on economic policy is “fairly minimal,” Barclays CEO C.S. Venkatakrishnan said Thursday.
Watches of Switzerland shares plunge 33% after guidance cut
Watches of Switzerland shares plummeted on Thursday after the luxury watch retailer cut its guidance for fiscal 2024.
Davos 2024: Business elite gives verdict on Trump; Ukraine encouraged by commitments
Political and business leaders continue talks at the 54th Annual Meeting of the World Economic Forum in Davos, Switzerland, on Thursday.
CNBC Daily Open: Could better data be a good thing for markets?
It’s only the third week of the new year and markets are slowly heading into the cycle of good data being received as bad news.
