Volkswagen will need to make additional investments in the United States to hit its target of doubling market share in the country, its CFO Arno Antlitz said on the sidelines of the World Economic Forum (WEF) in Davos,

The chief executive of Norway's $1.8 trillion sovereign wealth fund, one of the world's largest investors, said on Thursday that inflationary pressure in the United States posed a risk to financial markets this year.

Last year, Mark Rutte attended the Davos gathering as Dutch prime minister while angling for his current job as secretary general of NATO, praising Trump for pushing Europeans to step up defense spending. That view — somewhat controversial then — is now widely accepted.

Supporters like Argentina President Milei are expressing their enthusiasm, while Ukraine’s Zelenskyy is looking to the new US president with optimism. In contrast, targets of Trump’s policies, such as German Chancellor Olaf Scholz,

Officials and business executives at the annual gathering in Switzerland said the fight against global climate change would continue with or without the United States.

Even when Donald Trump wasn't in the room or even the main theme, the US president kept coming up again Wednesday at the gabfest of global elites in the Swiss resort of Davos.

Ukraine's President Volodymyr Zelenskyy combed the corridors, meeting with leaders such as Israeli President Isaac Herzog and Vietnamese President Luong Cuong, as well as German opposition leader and would-be chancellor Friedrich Merz in an effort to stir up support for Ukraine's fight against Russia.

Takeshi Niinami, who also heads one of Japan's biggest business lobbies, said on the sidelines of the World Economic Forum's (WEF) Davos meeting that it is important for firms to show that their investments will create jobs in the U.S..

As business titans and world leaders gathered Monday in Davos, Switzerland, for the opening of the annual World Economic Forum, all eyes were on President Donald Trump ’s taking power again in Washington.

By Divya Chowdhury and Victoria Waldersee DAVOS, Switzerland (Reuters) -Volkswagen will need to make additional investments in the United States to hit its target of doubling market share there, its CFO Arno Antlitz said on the sidelines of the World Economic Forum annual meeting in Davos on Thursday.

Despite Trump's order to withdraw the United States from the UN Paris Agreement, Al Gore expressed confidence that regional, municipal administrations, and industries themselves will help maintain the path of climate action.