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The Latest Breaking News from World Economic Forum

Cost-of-Living Crisis to Hit Women Hardest, Report Says

A cost-of-living crisis sparked in part by higher fuel and food prices is expected to hit women the hardest, the World Economic Forum reported Wednesday, pointing to a widening gender gap in the global labor force. The Geneva-based think tank and event organizer, best known for hosting an annual gathering…

Asharq Al-Awsat

Zelensky: Ukraine Begins Electricity Exports to EU

Ukraine has started exporting electricity to the European Union, via Romania, President Volodymyr Zelensky said, as Russia reduces gas supplies to the bloc which is supporting Kyiv in resisting Moscow's invasion. Several European countries, including Italy and Germany, are highly reliant upon Russian gas for their energy needs but have…

Asharq Al-Awsat

AFL coach Luke Beveridge said there are 'not many sporting codes in the world that have an illicit drugs policy'. Is he correct?

Bailey Smith's coach said there are 'not many sporting codes in the world that have an illicit drugs policy'. But does the AFL really do things that differently?

ABC News

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Food giants reap enormous profits during times of crisis

A recent report by Oxfam International has found that 62 new “food billionaires” were created during the pandemic. The report, released ahead of this year’s World Economic Forum in Davos, Switzerland, highlights the record profits made by industry titans.

The Conversation

Saudi Arabia Adopts New System To Enhance Cyber Security

The Saudi Council of Ministers has recently approved the information and communications technology (ICT) system, with the aim to develop the sector and raise the efficiency of its services. According to the new system, service providers should take full care to ensure the protection of cyber security and critical infrastructure…

Asharq Al-Awsat

NOT REAL NEWS: A look at what didn't happen this week

Social media users shared a range of false claims this week

The Independent UK

Gapsquare founder Zara Nanu recognised in Queen's Jubilee Birthday Honours list

The gender analyst and social entrepreneur has been recognised for her work tackling global workplace inequalities

Birmingham Post

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Globalisation: a well-managed decline required

The World Economic Forum's first meeting in more than two years was markedly different from the many previous Davos conferences that I have attended since 1995. It was not just that the bright snow and clear skies of January were replaced by bare ski slopes and a gloomy May drizzle.…

Bangkok Post

‘We spark curiosity’: how the psychedelics industry is taking on Davos

The Psychedelic House of Davos, a satellite event happening in conjunction with the World Economic Forum, was a ‘genius strategy’ to build credibility, say experts

The Guardian - US

Saudi Arabia Concludes Participation at Davos WEF 2022

Saudi Arabia’s delegation concluded its participation at the World Economic Forum (WEF) 2022, which was held in Davos, Switzerland, from May 22 to 26 May 2022, under the title “History at A Turning Point: Government Policies and Business Strategies”. The Kingdom’s delegation participated in many public and private dialogue sessions…

Asharq Al-Awsat

Davos 2022: Canada says 'all options on the table' regarding sanctions on Russia

On the sidelines of the World Economic Forum in Davos, Canada's Industry Minister François-Philippe Champagne has told FRANCE 24 that "all options are on the table" when it comes to sanctions on Russia over its invasion of Ukraine. He also detailed the country’s burgeoning electric vehicle industry, and how it…

France 24

Davos 2022: Is globalisation dead?

The 2022 meeting of the World Economic Forum has come to a close, with the war in Ukraine dominating proceedings. German Chancellor Olaf Scholz delivered a blistering attack on Russian leader Vladimir Putin, accusing him of waging a war of "imperialism" in Ukraine and calling for Europe to end its…

France 24

How Davos Fell Behind the Times

The WEF and other global forums, once a haven for the elite to debate and set the global agenda, are increasingly providing less and less leadership

Caixin Global

Davos Debate 2022: A new era of industrial development?

Two years of crises have changed almost everything we thought we knew about business and politics, including how they intersect. Supply chains have been turned upside down, while national economic interests have clashed with global partnerships. So is now the time for bigger and bolder spending, cooperation and innovation? Is…

France 24

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Asharq Al-Awsat

Al-Falih: We Have Quadrupled Foreign Investment Flows

It might seem somewhat strange for one of the biggest electric car producers to open a factory in one of the world’s major oil-producing countries, but it actually boils down to the story of the most exciting economic transformation of the 21st century. “It is one of the most exciting…

Asharq Al-Awsat

Bejjani: Digital Investments Boosted Majid Al Futtaim's Resilience During the Pandemic

Digital investments have boosted Majid Al Futtaim's resilience during the COVID-19 pandemic and accelerated its recovery, announced CEO Alain Bejjani. Majid Al Futtaim is the leading shopping mall, communities, retail, and leisure pioneer across the Middle East, Africa, and Asia. In an interview with Asharq Al-Awsat on the sidelines of…

The Times of India

CM Basavaraj Bommai extends Davos trip, to meet more biz heads

BENGALURU: Chief minister Basavaraj Bommai has extended his stay by a day at the World Economic Forum in Davos, Switzerland, to “attend unscheduled business-to-business meetings” and will now return to Bengaluru on Friday. Bommai was originally scheduled to return on Thursday.

Evening Standard

World Economic Forum: Elites descend but does Davos still have clout?

It’s a playground of power, privilege and blue-sky thinkers — but with the world in turmoil, it wasn’t quite business as usual when the 0.1 per cent met in the mountains this week. By Anne McElvoy

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The Guardian - UK

What hope is there for diplomacy in ending the Russia-Ukraine war?

Analysis: Western leaders are divided on arming Ukraine, oil embargoes and whether Kyiv will have to accept territory loss

The Times of India

Andhra Pradesh govt signs Rs 1.25L crore worth MoUs in Davos

AMARAVATI: Chief minister YS Jagan Mohan Reddy’s maiden visit to Davos to attend the World Economic Forum conference has turned out to be a major success as the state government has signed MoUs for investments to the tune of 1.25 lakh crore.

Irish Mirror

Leo Varadkar defends Davos trip saying he flew commercial and stayed in four star hotel

Mr Varadkar and the Taoiseach, who is currently in Davos, have faced criticism from some disgruntled TDs over the cost of the trip

France 24

Davos 2022: IMF chief says food export bans 'only making crisis worse'

This year's World Economic Forum in Davos has been dominated by the war in Ukraine and its implications on the global economy. With the drop in grain exports from the region, concern is growing over a looming food crisis. FRANCE 24's Business Editor Kate Moody spoke to IMF Managing Director…

The Independent UK

At Davos, climate activists say major issues ignored

Climate activists are reflecting on discussions during this week's World Economic Forum in Davos, Switzerland

Reuters

Globalization's cheerleaders grasp for new buzzwords at Davos

World leaders, financiers and chief executives said they were leaving this week's World Economic Forum with an urgent sense of the need to reboot and redefine 'globalization'.

Benzinga

Qualcomm Chief Sees Prospects In High-End Smartphones, Meta Partnership Thanks To Augmented and Virtual Reality

In an interview at the World Economic Forum, Qualcomm Inc (NASDAQ:QCOM) CEO Cristiano Amon talked about growth as consumers increasingly chased "better phones," Reuters reports. Qualcomm's share with devices like the Samsung Galaxy grew from 40% share to over 75%. Qualcomm's technology powers augmented and virtual reality devices, including those made by Facebook…

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