Davos 2014

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  Microsoft Reportedly Hosted Sting Concert in Davos a Night Before Laying Off 10,000 Workers

  Microsoft reportedly hosted a private concert by artist Sting for around 50 people including the company's top executives, during the annual World Economic Forum meeting at Davos. The concert came a night before the technology giant announced its was laying off 10,000 workers in its largest round of layoffs since 2014, as per the report.

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  Davos 2017: Updates From World Economic Forum

  Many business leaders and lawmakers will participate in the World Economic Forum 2017 meet, running from January 17-20, in the Swiss Alpine resort of Davos.

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  Who's Afraid of China's Economy Slowing? Not Alibaba's Jack Ma

  China's economy grew 7.4 per cent in 2014 -- the slowest pace in 24 years, government data released on Tuesday showed.

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  Richest 1% to Have More Than Everyone Else in the World by Next Year: Oxfam

  The richest one per cent's share of global wealth increased from 44 per cent in 2009 to 48 percent in 2014, the British charity said in a report, adding that it will be more that 50 per cent in 2016.

• Mahindra plans new mass-market SUV; eyes lowest-price slot

  After big success of its existing models like Scorpio and XUV 500, auto major Mahindra and Mahindra (M&M) is working on a new mass-market sports utility vehicle (SUV) and plans to position it as the lowest-price vehicle in this segment.

• World Bank for creating $50-billion 'green bond' market

  Underlining the need for urgent action to tackle climate change, World Bank chief Jim Yong Kim on Saturday called for developing a $50-billion 'green bond' market by 2015.

• Poll outcome unlikely to hit reforms agenda: Planning Commission chief

  India is committed to structural reforms to boost growth and any change in the government after the next elections is unlikely to have a major impact on its economic reform policy framework, Planning Commission Deputy Chairman Montek Singh Ahluwalia has said.

• Davos: Growth in Europe remains fragile, says ECB chief Draghi

  With economic growth remaining fragile, European countries cannot afford to relax their efforts towards implementing structural reforms, according to European Central Bank (ECB) chief Mario Draghi.

• Cautiously optimistic at Davos, India's business leaders say people in watch mode for elections

  As the World Economic Forum annual meeting draws to a close, Indian business leaders say their main takeaway would be cautious optimism about their country, even as the upcoming general elections and evolving political scene seemed to dominate India discussions at this global gathering.

• Central bankers at Davos brush off stimulus dangers

  Fears of economic instability due to the slowing of massive monetary stimulus policies are unwarranted, top central bankers said at the World Economic Forum annual meet here, amid accusations that the easy money has won only a timid recovery.

• India growth story looks better this year: Uday Kotak

  The Indian story is looking better this year but it is nowhere close to the exuberance seen at the World Economic Forum meet a few years ago, prominent banker Uday Kotak said on Saturday.

• Secretary of State John Kerry rejects notion US is disengaging from world

  Secretary of State John Kerry dismissed on Friday as "a myth" suggestions that the United States was withdrawing from world affairs.

• WTO should capitalise on success of Bali meeting: Commerce Minister

  India wants the World Trade Organisation (WTO) to capitalise on the success of the ministerial meeting in Bali and move ahead with the Doha development agenda for a global trade deal.

• Circular economy model can generate $1 trillion annually: report

  A shift towards circular model of growth will have huge potential for innovation, job creation and economic expansion, and is expected to generate $1 trillion a year for the global economy, according to a report.

• Davos executives see data theft as too costly, too hard to beat

  The mammoth data breach at US No. 3 retailer Target has made executives even more aware of the need to improve safety standards, but the cost is often prohibitive.