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,
President Donald Trump is pulling the U.S. out of the World Health Organization for a second time, the White House announced late Monday. The day-one executive order fulfills Trump's campaign promise to reject global institutions.
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.
Trump has signed executive orders to withdraw the U.S. from the World Health Organization and the Paris climate agreement since he took office.
President Donald Trump, in a conversation with global business leaders Thursday, provided the clearest picture yet about how he plans to deliver on the economic promises he campaigned on: He proposed a carrot-and-stick approach to world economics that he believes will help solve the inflation crisis for good and fund his massive tax cut proposals.
President Trump doubled down on the prospect of across-the-board tariffs in a video appearance to business executives and politicians gathered in Davos, Switzerland.
Nicolas Bideau, spokesperson for Switzerland's Foreign Ministry, has said the country is ready to organise a leader-level meeting between US President-elect Donald Trump and Kremlin leader Vladimir Putin,
President Donald Trump on Thursday signed an executive order that aims to ease regulation on cryptocurrency, seeking to fulfill the policy promises he made to the industry after courting its cash and support throughout the 2024 campaign.
President Donald Trump called on the Organization of the Petroleum Exporting Countries to lower oil prices during the World Economic Forum on Thursday, saying it would immediately end the war in Ukraine.
President Trump took his first major foray on the world stage with a virtual speech with business leaders at the World Economic Forum in Davos, Switzerland. Lisa Desjardins reports.
ABB is increasing its investments in the United States as a way to deal with tariff hikes expected from the new Trump administration and to benefit from the country's economic growth, Chief Financial Officer Timo Ihamuotila said on Tuesday.
The billionaire declined to share details on his sources of financing, but said private equity firms and family offices have reached out to provide options