We welcome Cisco CEO’s upbeat view on the economy, but remain cautious on future order growth
The chief executive of Club holding Cisco Systems (CSCO) on Wednesday continued to strike a confident note on the state of the economy.
Mexico’s state oil company illegally flared more than $342 million worth of hydrocarbons
Mexican state oil company Pemex illegally burnt off hydrocarbon resources worth more than $342 million at two of its most important new fields.
Ireland signals ‘better mood’ on UK-EU talks after bitter Brexit disputes
Ireland’s finance minister spoke of the new optimism and constructiveness surrounding talks between the U.K. and the EU following months of bitter post-Brexit trade disputes.
The threat of a transatlantic trade war is dominating Davos
The pressure is on the European institutions — but the question is how far are they willing to go?
Microsoft, Amazon and other tech companies have laid off more than 60,000 employees in the last year
The tech industry has seen a string of layoffs in the face of uncertain economic conditions.
Floods devastate Philippines as president declares ‘state of calamity’
The Philippines is ranked among the most vulnerable countries to climate-related disasters, but it is a minor contributor to global climate change.
Ukraine’s Zelenskyy tells Davos supplies of Western tanks must outpace another Russian offensive
Ukrainian President Volodymyr Zelenskyy on Wednesday said the supplies of Western tanks must outpace another Russian attack.
Iran has an obligation to give up its nuclear program, Saudi minister says
The International Atomic Energy Agency has previously raised the alarm that “only countries making bombs” are enriching uranium at Iran’s level.
Deutsche Bank predicts this autonomous driving play is headed for a ‘considerable revenue and earnings acceleration’
The firm called the company’s technology “superior.”
David Solomon admits Goldman took on too much, too quickly in consumer business
“We obviously had a disappointing quarter, and we tried to own that, you know, up front,” Solomon told CNBC’s “Squawk Box” on Wednesday.
