German Chancellor Angela Merkel and Japanese Prime Minister Shinzo Abe defended cooperation between governments at the World Economic Forum in Davos, Switzerland amid rising rising criticism the global approach is leaving too many behind.
Retreating rates and lower input costs could revive the homebuilding sector, INTL FCStone's global market strategist Yousef Abbasi tells Reuters' Fred Katayama.
John Studzinski, recently minted managing director and vice chairman of the $1.7 trillion asset manager, tells Rob Cox how ESG investing has become the talk of the World Economic Forum in Davos, alongside Brazilâ€™s new boss and even the Vatican.
ASML, a major supplier to the world's largest computer chipmakers, said sales would be weak in the first quarter as some of its customers had delayed orders into the second half of the year. Pascale Davies reports.
The EUâ€™s executive proposed contingency plans on Wednesday for fishing in the event of a no-deal Brexit, suggesting EU fishermen could be compensated if barred from Britain, and British boats could fish in EU waters for the rest of this year. David Pollard reports.
Metro Bank shares lost a third of their value on Wednesday after the British lender announced a sharp rise in exposure to higher-risk mortgages and said profits would be hit by slowing growth. Pascale Davies reports.
Taco Bell plans to double its international footprint with Asian markets as the key driver, a senior executive told Reuters. Fred Katayama reports.
Bono, U2 singer and co-founder of the One campaign, described capitalism as "a wild beast" that can do much harm if not tamed. He made the comments during the World Economic Forum annual meeting in Davos, Switzerland. Rough Cut (no reporter narration).
Subaru said its sole car factory in Japan, accounting for roughly 60 percent of global production, could be out of action for almost two weeks after it discovered a suspected defect in a power-steering component. Pascale Davies reports.
Asia's biggest economies stepped up their defences against slowing demand and the pressure of protectionism on Wednesday, with the Bank of Japan leaving its massive stimulus programme on hold and China pledging more fiscal spending to boost the economy. David Pollard reports.
Featuring human-less check-ins, facial scans and voice-controlled rooms, e-commerce giant Alibaba has unveiled its first "future hotel" in China. Grace Lee reports.
Veganism has gone from a radical movement to a mainstream lifestyle choice, and in the process has become a multi-billion dollar industry. It's on the agenda at the World Economic Forum this week. Gracier Jerome reports.
Brazil's new far-right president Jair Bolsonaro had the unenviable task of trying to lift spirits at the World Economic Forum in Davos with attendees concerned about slower global economic growth and the effects of climate change. Conway G. Gittens reports.
From restaurants in Cape Town and Los Angeles to London hair salons using vegan products and leather-free clothing shops, veganism is gaining popularity.
The industry is now so big it is on the agenda at this week's World Economic Forum in Davos
U.S. stocks ended lower on Tuesday, snapping a four-session rally, as a gloomy global economic growth outlook, trade concerns and disappointing company forecasts dampened sentiment. Fred Katayama reports.
Sales of existing homes dropped 6.4 percent in December. As Fred Katayama reports, that's the lowest level in three years and a sign the economy is slowing.