News

Trump just exposed a dirty secret in Davos

This year the Davos crowd of business executives tepidly accepted President Trump, and that acceptance exposed a dirty secret. For all the CEO talk about the benefits of free-market capitalism and open societies, the people of corporate Davos have shown they’re willing to set those values aside if the economy […]
Trump just exposed a dirty secret in Davos
Tech

Why humans, not machines, are companies’ biggest competitive advantage

“People are an organisation’s most significant source of competitive advantage,” Accenture’s HR chief Ellyn Shook told Business Insider at the Davos 2020 conference. Even as more work gets automated, Shook said “uniquely human skills” such as creativity, collaboration, and communication are becoming increasingly valuable. Shook said Accenture looks at technology […]
Why humans, not machines, are companies’ biggest competitive advantage
Lifestyle

Davos isn’t glamorous for everyone. Here’s what it’s really like to attend the exclusive economic conference that brings billionaires together with business and political leaders from across the globe.

Attending a conference with 119 billionaires on a Swiss ski resort may sound like a glamorous experience, but there is more to Davos than meets the eye. A lot of time is spent waiting in lines. Some parties, including Salesforce’s annual shindig hosted by Marc Benioff, can get pretty wild. […]
Davos isn’t glamorous for everyone. Here’s what it’s really like to attend the exclusive economic conference that brings billionaires together with business and political leaders from across the globe.
News

Pakistan’s Prime Minister Imran Khan defended his contempt for the country’s media by claiming journalists often ‘cross the line’

Speaking to reporters at the World Economic Forum, Imran Khan expressed his disapproval of journalists in Pakistan, saying the media today is more “vibrant” and “free” than in the past, but also “crosses the line” more frequently. When asked about an uptick in recent years of journalists complaining about harassment […]
Pakistan’s Prime Minister Imran Khan defended his contempt for the country’s media by claiming journalists often ‘cross the line’
Markets

Private-market investment is a hot topic at Davos. A wealth expert broke down the opportunity for us, which he says is a cheap alternative to stocks and bonds.

Rich Nuzum, president of Mercer’s wealth business, thinks it’s time for investors to boost their exposure to private markets. He bolsters his thesis by juxtaposing today’s public and private market valuations against historical norms. Nuzum says “there’s no real limit to private market investing.” Visit Business Insider’s homepage for more […]
Private-market investment is a hot topic at Davos. A wealth expert broke down the opportunity for us, which he says is a cheap alternative to stocks and bonds.
News

Pakistani leader Imran Khan admitted he refuses to criticise China’s treatment of its Uighur minority because they ‘helped us when we were at rock bottom’

Pakistan’s Prime Minister Imran Khan has been a vocal critic of the mistreatment of Muslims globally, but has been silent on the Chinese persecution of Uighurs. Questioned about it by a reporter at the World Economic Forum in Davos, Switzerland, Khan first claimed to not “know much about” the scale […]
Pakistani leader Imran Khan admitted he refuses to criticise China’s treatment of its Uighur minority because they ‘helped us when we were at rock bottom’
Strategy

Western Union’s CEO explains why leaving corporations to lead societal change is wrong, and why it must come down to citizens making decisions

Western Union CEO Hikmet Ersek said that businesses should be setting an example for sustainability initiatives, but that they cannot be relied on to solve the world’s largest problems. Ersek said that even though he signed the Business Roundtable’s statement renouncing shareholder primacy, there is still a legal precedent that […]
Western Union’s CEO explains why leaving corporations to lead societal change is wrong, and why it must come down to citizens making decisions
Markets

Jamie Dimon says financial markets’ only bubble is in sovereign debt

The only bubble forming in financial markets is in sovereign debt, JPMorgan Chase CEO Jamie Dimon told CNBC on Wednesday. The chief executive railed against the negative interest rates seen in Europe, and warned that bonds with negative rates are a harbinger of poor market performance. When asked if he […]
Jamie Dimon says financial markets’ only bubble is in sovereign debt
Markets

Billionaires and heads of state have descended on a ski town in Switzerland. Here’s what’s happening in Davos, explained in 60 seconds.

The World Economic Forum in Davos is an annual gathering nicknamed for the ski town it’s held in: Davos-Klosters, Switzerland. The four-day conference brings together heads of state, CEOs, and other government and business leaders from around the world. The forum holds lectures and panels where government and business leaders […]
Billionaires and heads of state have descended on a ski town in Switzerland. Here’s what’s happening in Davos, explained in 60 seconds.