“It’s much worse than we think,” says IEA’s Fatih Birol
There’s a growing discrepancy between reports on climate change and real life, says Fatih Birol, executive director of the International Energy Agency. The situation is far more urgent, current targets are too low, and change is not happening fast enough.
Herbert Scheidt: Europe must not destroy London’s financial hub
In the face of Brexit uncertainty, Herbert Scheidt, the chairman of the Swiss Bankers Association, warns that Europe could lose out to competition from the U.S. and Asia if London’s financial hub is “destroyed.”
Cargill eyes 2019 acquisitions in China despite trade tensions
Cargill’s investment and acquisitions plans in 2019 will include Asia, particularly China and Southeast Asia. CEO and Chairman Dave MacLennan of the food and agriculture group describes U.S.-China trade tensions as temporary and also discusses the future of his company’s Geneva operation.
KPMG Switzerland CEO: The high level of M&A activity will go on in ’19
More and more Swiss companies have a global reach—and the strategic and financial power to do acquisitions, says KPMG Switzerland CEO Stefan Pfister. At the WEF 2019, he explained why he expects Switzerland to keep the same level of M&A activity it has seen in the last few years.
Switzerland plays key role in Horizon 2020, says ERC president
Horizon 2020 is the EU’s largest-ever research and innovation program with nearly 80 billion euros of funding over seven years. So why does Europe need such a costly project and what’s in it for Switzerland? Find out from Jean-Pierre Bourguignon, president of the European Research Council.
WEF ends with urgent calls for financial stability, climate change action
As the World Economic Forum closes its curtains for this year, participants tell us about their expectations for the global economy in the next 12 months and what their hopes are for 2020, when the Annual meeting will celebrate its 50th anniversary. WEF ends with urgent calls for financial stability, climate change action.
Roche ready for any Brexit scenario, says chairman
Brexit is a top concern at the 2019 World Economic Forum. But as Roche Chairman Christophe Franz explains, the company has implemented plans to make sure patients do not lose access to medicines in the event of a hard Brexit. Franz also gives his views on Roche’s transformation and the Swiss-EU relationship.
Greta Thunberg makes her mark at WEF 2019
She’s 16 years old, an environmental activist and already meeting with world leaders. Here’s how Greta Thunberg is making her mark at the 2019 WEF in Davos.
Greta Thunberg and the Davos moment
Urs Gredig, CNNMoney Switzerland’s editor-in-chief, was „quite impressed“ by the activism of climate campaigner Greta Thunberg at the World Economic Forum. The 16-year-old Swede grabbed as much attention as U.S. President Donald Trump did during his visit to Davos last year. Gredig also comments on what was on the minds of Swiss CEOs during the 49th WEF Annual Meeting.
House of Switzerland at WEF 2019
The House of Switzerland is at the World Economic Forum in Davos for the first time. From cheese to cryptocurrency, it’s all about mixing promotion with business.
Global Economy in Transition
Economic cooperation is essential for our future prosperity, environmental sustainability, and global security. Global Economy in Transition asks how can we shape a more equitable and collaborative global architecture. Panelists: Kristalina Georgieva, Chief Executive Officer, The World Bank; Lesetja Kganyago, Governor, South African Reserve Bank (SARB); Haruhiko Kuroda, Governor, Bank of Japan; Christine Lagarde Managing Director, International Monetary Fund; Mariana Mazzucato, Professor of Economics of Innovation and Public Value, Founder and Director, Institute for Innovation and Public Purpose, University College London.
Agility at All Costs?
To adapt to constant change brought about by the Fourth Industrial Revolution, business has adopted an „agility first“ prescription to future-proof their company and outlast disruption. Agility at All Costs? asks what are the trade-offs and big bets business leaders are facing in the race for agility? Panelists: Maurice Lévy, Chairman of the Supervisory Board, Publicis Groupe; Simon Freakley, Chief Executive Officer, AlixPartners; André Kudelski, Chairman of the Board and Chief Executive Officer, Kudelski Group; Paul Bulcke, Chairman of the Board, Nestlé SA. Moderated by Bonnie Gwin, Vice-Chairman and Co-Managing Partner, Chief Executive Officer and Board Practice, Heidrick & Struggles.
What to expect on the last day of WEF
The @wef is drawing to a close today. Here’s a look at what you can expect on the final day of the meeting. For more of our coverage from Davos, visit www.cnnmoney.ch.
Resetting Financial Governance
Informal and unorthodox measures kept the global banking system afloat in the 2007-2008 financial crisis. How can leading economies establish a more robust political framework to prevent the next financial crisis? Panelists: David A. Lipton, First Deputy Managing Director, International Monetary Fund; Charles Li, Chief Executive, Hong Kong Exchanges and Clearing Limited (HKEX); Mark Carney, Governor, Bank of England; Haruhiko Kuroda, Governor, Bank of Japan; Cecilia Skingsley, Deputy Governor, Central Bank of Sweden (Sveriges Riksbank). Moderated by Adam Tooze, Shelby Cullom Davis Chair of History, Columbia University.
Reuters correspondent: Swiss-EU talks will be hard even without Brexit
John Revill, senior correspondent in Zurich for Reuters, discusses Brexit, one of the big topics today at the World Economic Forum in Davos. He also looks at what it could mean for Switzerland’s own ongoing negotiations with Brussels over its framework agreement.