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News & Updates

January 28, 2015 iPhone sales trample expectations as profit sets global record

Source: Reuters

Apple Inc (AAPL.O) quarterly results smashed Wall Street expectations with record sales of big-screen iPhones in the holiday shopping season and a 70 percent rise in China sales, powering the company to the largest profit in...

January 26, 2015 5 highlights from World Economic Forum in Davos

Source: USA Today

The World Economic Forum's annual meeting in Davos, Switzerland, wrapped up Saturday after nearly a week of high-powered speeches, workshops, politicking, parties and slipping around on icy sidewalks.

January 26, 2015 Snubbed by U.S. and Europe, Kremlin Looks to Asia at Davos

Source: NY Times

DAVOS, Switzerland — On opening night at the annual gathering of the moneyed here, Russia’s state-owned bank VTB put on a lavish party, with dancers in gorgeous versions of Russian traditional dress, Russian-style nouvelle...

January 26, 2015 Global economy hopes raised after European stimulus

Knoxville News Sentinel - In a separate development that could boost global growth, 21 members of the îWorld Trade Organizationî - Brazil, China, the European Union, Japan, Russia and the United States - backed...

January 26, 2015 Will Davos 2015 get the tech world back on track'

VentureBeat - Can Davos 2015 solve the worldâs problems' That is a question posed by one of the sessions at last weekâs annual meeting of the îWorld Economic Forumî in the prestigious ski resort of...

January 25, 2015 'Emerging markets need to rely less on outside finance': Report

Zee News - The white paper on the 'New Global Context' for the îWorld Economic Forumî (WEF) emphasised the need to avoid high, inconsistent, and changing regulatory burdens. "The key to a smooth and successful shift...

January 24, 2015 Davos 2015 live: euro suffers biggest drop in three years as ECB could be willing to do "even more" QE

Daily Telegraph - The îStoxxî Europe 600 Index rose 1.7 percent to 370.37 at the close of trading, the highest level since December 2007. Meanwhile the FTSE100 has posted its best week since December 2011, rising by...

January 24, 2015 ILO chief laments failure to tackle inequality at Davos

Money Control - World leaders meeting in Davos this week are likely to agree that inequality is a problem but unlikely to do anything about it, the head of the îInternational Labour Organizationî said. ILO...

January 23, 2015 Eurozone nations face stronger pressures to lift economies

Source: The Economic Times

DAVOS: As the European Central Bank deploys its most powerful economic weapon, the onus for growth now lies with the 19 individual countries in the euro currency union, a fractious and highly political group.

January 23, 2015 The 5 Numbers That Explain Davos 2015

Source: Time

From the outside, Davos doesn’t change much. Political and business leaders from around the world have again descended on this beautiful Swiss ski town for the annual meeting of the World Economic Forum. On the inside, however,...

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