Edition:
India

Davos 2017

Davos offers unsettling glimpse of new world order

Photo

DAVOS, Switzerland Imagine a world where the relationships and roles that have defined the global order for the past three quarters of a century have been turned on their head. | Video

Interview
DAVOS 2017 – Part One (9:41)

Interview
DAVOS 2017 – Part Two (5:21)

Interview
DAVOS 2017 – Part Three (11:01)

Photo

Fears of economic 'race to bottom', strong dollar in Davos

DAVOS, Switzerland A strengthening dollar and a "race to the bottom" on taxes, deregulation and trade policy are the major risks to an otherwise brightening global economy, financial leaders said on the final day of the World Economic Forum in Davos.

Photo

No longer 'rising', Africa pushed to the margin at Davos

DAVOS, Switzerland In this Swiss Alps town where the global elite have gathered to debate the world's problems, there seems to be little room on the radar for Africa, a continent of over a billion people where a commodity-fueled growth boom has soured with a vengeance.

Photo

World trade chief warns against 'talking ourselves into a crisis'

DAVOS, Switzerland The world should be wary of stumbling into trade wars that would destroy jobs, World Trade Organization Director-General Roberto Azevedo said on Friday.

Photo

BOJ Kuroda: Steady U.S. growth may push up rates, dollar

DAVOS, Switzerland Bank of Japan Governor Haruhiko Kuroda said on Friday U.S. economic growth and inflation may accelerate in coming years, which may push up interest rates and the value of the dollar.

Photo

U.S. bankers tell Europeans to think positively on Trump

DAVOS, Switzerland U.S. bankers, buoyed by a resurgence in profits, are advising their counterparts in Europe to think positively about the new administration of U.S. President-elect Donald Trump.

Photo

India's top bank SBI eyes up to $1.5 billion capital raising next fiscal year

DAVOS, Switzerland India's biggest lender by assets, State Bank of India, could tap capital markets next fiscal year to raise up to $1.5 billion, its chief said on Friday, though it first needs to complete a planned merger with its subsidiary banks.

Photo

'Don't damage trade', emerging market leaders tell Trump from Davos

DAVOS, Switzerland Globalization is good. That's the message leaders of developing countries want to send from the Davos forum to U.S. President-elect Donald Trump, who takes office on Friday.

Photo

Publicis CEO Levy expects his successor to be picked within weeks

DAVOS, Switzerland Maurice Levy expects his successor as chief executive of Publicis to be chosen by the board of the French advertising group within weeks.

Photo

China-U.S. trade tensions high on Big Oil's worry list

DAVOS, Switzerland Oil executives and Middle East producers are concerned that trade tensions between the United States and China risk clouding the outlook for global energy demand growth and a recovery in the price of oil.

Photo

Elections don't cloud improving euro zone outlook: ECB's Villeroy

PARIS A series of elections in major European countries this year like France and Germany will not derail the improving euro zone economic outlook, ECB governing council member Francois Villeroy de Galhau said in a Bloomberg television interview on Friday.

Photo

French finance minister warns U.S. against unilateral bank deregulation

DAVOS, Switzerland France's finance minister has cautioned incoming U.S. President Donald Trump against taking unilateral steps to deregulate the U.S. financial industry, stressing the need for international coordination.

Photo

Exclusive: Malaria champions see Trump uncertainty at crucial time

DAVOS, Switzerland, Jan 20 (Reuters)- When it comes to fighting malaria, Bill Gates and Ray Chambers are both inspired and concerned: With victory in sight, will the world's new leaders commit to finally beating this persistent parasite?

Photo

IMF warns wave of U.S. protectionism would offset any stimulus gains

DAVOS, Switzerland Protectionist policies from the new U.S. administration of President Donald Trump will probably have a negative impact on the economy, overshadowing any positive gains from economic stimulus measures, the head of the IMF said on Friday.

Photo

Floods, landslides kill more than 800 people across South Asia

DHAKA/GUWAHATI, India Widespread floods have killed more than 800 people and displaced over a million in India, Nepal and Bangladesh, with aid workers warning of severe food shortages and water-borne diseases as rains continue to lash the affected areas.

Photo

Trump clears way for troop increase in Afghanistan as part of retooled strategy

WASHINGTON President Donald Trump opened the door to an increase in U.S. troop numbers in Afghanistan on Monday night as part of a new strategy for the region, arguing against a hasty withdrawal from America's longest military conflict. | Video

Photo

Spanish police track down, shoot dead Barcelona attacker

SUBIRATS, Spain Spanish police on Monday shot dead an Islamist militant who killed 13 people with a van in Barcelona last week, ending a five-day manhunt for the perpetrator of Spain's deadliest attack in over a decade. | Video

Rocket strikes downtown Kabul

KABUL A rocket struck the heart of Kabul's government and diplomatic area on Monday night, setting off alarms and sirens at foreign embassies, but there were no immediate reports of casualties.

Photo

McDonald's to shut 169 outlets in India amid dispute with local partner

NEW DELHI Fast food chain McDonald's said on Monday it planned to shut all 169 of its restaurants in India's northern and eastern regions, escalating a dispute with its local partner and potentially putting thousands of workers out of jobs.

Photo

Rosneft seals first Asian refinery deal with Essar Oil purchase

MUMBAI Russian oil major Rosneft and partners closed their $12.9 billion purchase of Indian refiner Essar Oil on Monday, giving them a foothold in one of the world's fastest growing oil users.

Photo

J&J ordered to pay $417 million in trial over talc cancer risks

A California jury on Monday ordered Johnson & Johnson to pay $417 million to a woman who claimed she developed ovarian cancer after using the company's talc-based products like Johnson's Baby Powder for feminine hygiene.

Photo

Despite expected U.S. troop hike, no end in sight to Afghan war

WASHINGTON While President Donald Trump's expected decision to beef up U.S. forces in Afghanistan could help reverse Taliban gains and bring more U.S. firepower against al Qaeda, there is scant chance it will hasten a conclusion to America’s longest war.

Photo

Rare total solar eclipse spreads wonder across United States

CHARLESTON, S.C./SHERIDAN, Oregon As millions of awestruck Americans cast their gaze skyward on Monday at the extraordinary sight of a total solar eclipse, one Connecticut man had his eyes set firmly on a different prize. | Video

Photo

Live Coverage of Davos 2017

Live video and breaking news from the annual World Economic Forum in Davos, Switzerland.  Follow 

Slideshow

Photo

Who's at Davos?

The movers and shakers at the World Economic Forum.  Full Coverage