Business Davos 2017

At Davos robots, not trade, get blamed for job losses 

Open markets and global trade have been widely blamed for job losses over the last decade, but global ceos say the real culprits are machines.

10 things you need to know about Davos 

Agendas, meetings and the importance of a coloured badge - here are the 10 things you need to know about Davos:

Billionaire investor George Soros predicts Theresa May 'will not last' as UK Prime Minister 

Billionaire investor George Soros has predicted that Theresa May "will not last" as Prime Minister.

Christine Lagarde assures Germany that IMF plans to remain engaged in Greece bailout... 

The International Monetary Fund's chief has reassured German Finance Minister Wolfgang Schaeuble that the IMF plans to remain constructively engaged in talks about further aid for Greece.

Ireland's 'comprehensive and consistent tax policy' will not change, Taoiseach 

Taoiseach Enda Kenny has vowed that Ireland's "comprehensive and consistent tax policy" will not change.

Taoiseach rules out prospect of General Election this year 

Taoiseach Enda Kenny has ruled out the prospect of a General Election in Ireland this year.

Enda Kenny speaks with Theresa May at Davos restaurant ahead of keynote address 

Taoiseach Enda Kenny met with British Prime Minister Theresa May last night in Davos.

Investment banks to move staff when UK leaves Europe 

Two of the largest investment banks in the City of London have said they will move staff abroad when the UK leaves the European Union.

Xi trade war warning as China bids to raise profile 

Chinese President Xi Jinping has offered a vigorous defence of free trade at the World Economic Forum in Davos in a speech that underscored Beijing's desire to play a greater global role as the United States turns inward.

Old roles are turned on their head in Davos at the crossroads 

HE was billed as the star of the show and Xi Jinping, the President of China, did not disappoint.

Taoiseach meets top bosses in bid to lure jobs 

Taoiseach Enda Kenny will meet a host of top business leaders at the World Economic Forum in Davos in a bid to lure more jobs to Ireland.

Chinese president defends globalisation in face of mounting hostility at Davos 

Economic globalisation has become a "Pandora's Box" for many, but global problems are not caused by it, Chinese President Xi Jinping said on Tuesday.

QE will push down borrowing costs and create jobs - Kenny 

The European Central Bank's landmark bond-buying programme will hopefully lead to lower interest rates for business and consumers, and will be good for jobs, Taoiseach Enda Kenny said in Davos yesterday.

Davos diary: Sommaruga's powerful audience 

Chinese Premier Li Keqiang delivered a key note address at the forum this week, and just before he got to the stage, the president of the Swiss Confederation, Simonetta Sommaruga, delivered a separate address.

Cap on bankers' pay is here to stay, Taoiseach insists 

The cap on bankers' pay will not be lifted to recruit a new chief executive for AIB, the Taoiseach said yesterday, even though he admitted government-imposed caps are a "constraint".

Davos 2015: 'ECB stimulus will be good for jobs and economy' - Taoiseach Enda Kenny 

THE European Central Bank's landmark bond-buying programme will hopefully lead to lower interest rates for business and consumers, and will be good for jobs, Taoiseach Enda Kenny said in Davos.

Davos 2015: Inequality hampers growth - IMF's Christine Lagarde 

The onslaught of the financial crisis has led to a rise in inequality and an increase in the gap between rich and poor, a senior figure with Oxfam told the World Economic Forum in Davos.

'The world is held back because women aren't equal': Emma Watson launches new initiative... 

At the World Economic Forum in Davos this morning, actress Emma Watson unveiled the latest initiative of the HeForShe campaign.

Taoiseach optimistic 'QE' will help - but opposition doubtful 

The European Central Bank decision to pump €60bn into the eurozone economy was good for European stability and good for Irish jobs, Taoiseach Enda Kenny has said.

Rates push by US Fed would be good news - Lagarde 

The Federal Reserve will probably raise interest rates by the middle of this year in a clear sign of the health of the US economy, IMF chief Christine Lagarde said yesterday.

'My focus is my work': Prince Andrew publicly denies sex claims for first time 

The Duke of York has spoken out publicly for the first time to deny allegations he had sex with an under-age teenager.

Davos 2015: Lagarde says US interest rate hike would be a good sign 

THE Federal Reserve will probably raise interest rates by the middle of this year in a clear sign of the health of the US economy, IMF chief Christine Lagarde has said.

Davos 2015: Live Stream 

Dinner time for our big Swiss cheese 

Taoiseach Enda Kenny has arrived at the Swiss resort where he will address a panel discussion.

The Punt: Denis O'Brien looks into the crystal ball at Davos 

Businessman Denis O'Brien is one of several Irish regulars at Davos along with Archbishop Diarmuid Martin and Peter Sutherland.

Davos 2015: Taoiseach Enda Kenny says Irish recovery 'fragile' 

TAOISEACH Enda Kenny has told a panel discussion at the Davos World Economic Forum that the recovery in the Irish economy is "fragile and incomplete."

QE: good for Europe but a big risk to bank margins, Deutsche boss warns 

A mass bond-buying programme by the European Central Bank will have a profound effect on banks in Europe and could destroy margins, it was claimed at Davos yesterday.

Russia has 9,000 troops in Ukraine, Poroshenko tells Davos forum 

Ukrainian President Petro Poroshenko accused Russia of sending 9,000 troops to back separatist rebels in the east of his country, and the IMF chief said she backed extra financial help for Kiev as the conflict inflicts severe economic damage.

Davos 2015: Pharrell Williams, Al Gore announce global Live Earth climate concert in June 

A Live Earth music event to demand action on climate change will be held on June 18 across seven continents, including Antarctica, former U.S. Vice-President Al Gore and pop star Pharrell Williams announced on Wednesday.

Davos 2015: Chief executive more worried than last year but US is bright spark 

Chief executives are more worried than a year ago about the global economic outlook, as deflation stalks Europe and commodity prices wilt, but the United States stands out as a bright spot.

Davos 2015: World leaders descend on Swiss resort 

Some of the world's most powerful and influential political and business leaders got down to business today at the Swiss alpine resort of Davos, as the World Economic Forum kicked off.

Davos predictions: you win some and you lose some 

As Taoiseach Enda Kenny and the rest of world's business and political elite ascends the Swiss Alps for an annual bout of crystal-ball gazing, history suggests Davos pundits are likely to get plenty of things wrong.

Mexico lures $6bn in fresh foreign investment at Davos 

Pepsico and Nestle on Friday announced major investments worth a combined $6bn in Mexico, where the government has just pushed through a series of economic reforms that aim to boost foreign investment and growth.

Don't block fracking, Cameron warns EU 

David Cameron has issued a warning to Brussels not to stand in the way of Britain's drive to exploit its reserves of shale gas through the use of controversial fracking technology.

Schaeuble 'very optimistic' on France economy after Hollande plans 

GERMAN Finance Minister Wolfgang Schaeuble said today that he was optimistic France would emerge stronger once it implements the economic reforms announced last week by President Francois Hollande.

Davos: UK's Cameron says can reshape ties with the EU to avoid exit 

British Prime Minister David Cameron told the World Economic Forum in Davos on Friday he was confident he could renegotiate his country's relations with the European Union to allow it to remain in the 28-nation bloc.

Focus on low earners at Davos is a key to economic growth 

Reducing inequality is usually the business of protesters locked out of the World Economic Forum in Davos.

Merkel allay fears over rocky start to their month-old coalition 

Conservative Chancellor Angela Merkel and her center-left partners tried to allay concerns about a rocky start to their month-old coalition today, saying they had a clear road map ahead after two days of talks north of Berlin.

Iranian President planning to negotiate deal on nuclear programme and develop battered... 

Iran is determined to negotiate a comprehensive deal on its nuclear programme with major powers so it can develop its battered economy, President Hassan Rouhani said today, inviting Western companies to seize opportunities now.

US sees hurdles to China joining Pacific trade pact 

Washington wants progress on an investment treaty with Beijing before it considers expanding an eventual Pacific-region trade pact to include China, a top U.S. official said today.

Iran reveals plan for new investment model on oil contracts to win back Western business 

Iran will have a new, attractive investment model for oil contracts by September, its president and oil minister told some of the world's top oil executives, as part of its drive to win back Western business.

Davos: From North Korea to Iran, investors spy the new frontier 

Iran, hoping for a full lifting of western sanctions, and North Korea are among extreme frontier markets that could attract adventurous fund managers with the stomach for high political risk in the search for higher returns.

Davos: Michael Noonan says Government could sell AIB before 2016 

FINANCE Minister Michael Noonan says the government could try to sell Allied Irish Banks (AIB) before the next election in 2016.

Australia's Abbott vows to promote free trade as G20 chair 

Australian Prime Minister Tony Abbott vowed today to use his country's presidency of the G20 this year to promote free trade, and called on the group of leading economies to undo protectionist measures.

Davos: Enda Kenny tells international audience 'Ireland is beginning to return' 

Taoiseach Enda Kenny sounded a cautious note as he spoke in a public session at the World Economic Forum in Davos today.

Davos: Abe sees World War One echoes in Japan-China tensions 

Prime Minister Shinzo Abe compared current tensions between Japan and China to rivalry between Britain and Germany on the eve of World War One, but his top spokesman denied the Japanese leader meant war between Asia's two big powers was possible.

Davos: EU parliamentary election tops Europe concerns for CEOs 

The risk of a lurch to the right in May's European parliamentary election is vexing top global chief executives, who worry that the vote will make the bloc harder to govern just as they want it to reform.

Denis O'Brien talks investments as Davos gets down to business 

SOME of the world's most powerful political and financial leaders got down to business yesterday as the World Economic Forum began in earnest.

Davos Diary: A world-class security cordon 

SECURITY is tight in Davos. Really tight. While the setting is beautiful, everybody knows that the ski resort must be the number one terrorist target on the planet this week.

Davos: Delegates upbeat about 2014 

SOME of the world's most powerful political and financial leaders got down to business today as the World Economic Forum began in earnest in the Swiss ski resort of Davos.