Private company valuations ‘going nuts again’ amid AI boom, Cisco CEO says
The valuations of some private companies are “going nuts again,” returning to highs not seen since the pandemic, according to Cisco’s chief executive.
Divide between political elites and the working class is a major risk, Allianz CEO says
A growing detachment between political leaders and populations presents the biggest risk in a busy election year, says Allianz CEO Oliver Bäte.
Vodafone signs $1.5 billion Microsoft deal for AI, cloud and IoT
Vodafone has agreed a 10-year partnership with Microsoft to bring generative AI, digital, enterprise and cloud services to more than 300 million businesses.
CNBC Daily Open: Down to Davos
Action this time came from across the Atlantic as the World Economic Forum in Davos, Switzerland commenced Monday.
Davos live updates: Global leaders discuss AI adoption and potential threats
Political and business leaders began talks at the 54th Annual Meeting of the World Economic Forum in Davos, Switzerland, on Tuesday.
As others try to quash rate cut talk, European Central Bank’s Centeno flags inflation progress
“The trajectory is very positive right now,” Portugal’s central bank governor told CNBC at the World Economic Forum in Davos, Switzerland.
JPMorgan says India is its No. 1 market in Asia; investors are unlikely to return to China this year
India is JPMorgan’s top pick in Asia, and one of its favorite markets globally, according to the investment bank’s Asian Equity Strategist Mixo Das.
2024’s wave of elections predicted to derail food security progress
The upcoming slew of global elections could derail efforts to bolster long-term food security, the International Fund for Agricultural Development said.
Country Garden expects China property market to remain weak in 2024
China’s largest private property developer expects the property market will remain weak in 2024 and the company could face more “severe” challenges.
North Korea’s Kim calls for South to be seen as ‘primary foe,’ warns of war
North Korea’s Kim Jong Un said on Monday he had concluded that unification with the South was no longer possible.
