Since 2020, 5 Richest Have Doubled Wealth, 5 Billion Have Become Poorer

The world's wealthiest five men have more than doubled their fortune since 2020, the charity Oxfam said on Monday, as it called on nations to resist the ultra-rich's influence over tax policy.

Ukraine pushed ahead with its peace formula to end nearly two years of war with Russia with a meeting of national security advisers from around the world in Davos on Sunday.

The 2024 World Economic Forum’s Annual Meeting in Davos, Switzerland, will highlight the importance of global cooperation, focusing on "Rebuilding Trust”.

President Volodymyr Zelensky has said that Ukraine's peace formula will next be discussed in Davos, Switzerland, but has not given a date.

Shiv Sena (UBT) leader Aaditya Thackeray on Sunday sought the cancellation of Maharashtra industries minister Uday Samant's tour of the United Kingdom, Germany and Davos in Switzerland from October 3.

Telangana has attracted investments worth Rs 21,000 crore across various sectors during the recently concluded annual World Economic Forum (WEF) meeting at Davos in Switzerland.

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.

Microsoft executives attended a private concert by Sting at the World Economic Forum in Davos, a day before the company announced mass layoffs.

Vaccine maker Serum Institute of India CEO Adar Poonawalla has called for global harmonisation or regulatory standards and said that cooperation among multilateral organisations is a must for dealing with future outbreaks.

Global leaders and business executives departed a freezing World Economic Forum (WEF) meeting on Friday after a frank exchange of views over how the world will tackle its biggest issues in 2023.

Gautam Adani, the Indian tycoon who is now Asia's richest person, called on his government to align with local businesses and seize the opportunity as China slows and global alliances fracture.

Union Minister Smriti Irani in an interview with NDTV said the "India story" is "setting Davos on fire" as four ministers, including herself, work to highlight the strengths of India's economy and Prime Minister Narendra Modi's agenda.

Ukraine President said he does not quite understand if Russian President Vladimir Putin is alive. Russia hit back, slamming Zelensky's remarks.

Albert Bourla, Chief Executive Officer of US-based pharmaceutical giant Pfizer, encountered a series of tough questions about the efficacy of its Covid vaccine on the sidelines of the ongoing World Economic Forum, but he repeatedly ignored them.

People at Davos have a tendency to overstate the importance of the gathering, and they have perhaps been spoiled by the obsession Biden's predecessor, Donald Trump, showed with the place.

Despite the urgent need for climate finance, numerous barriers have impeded the flow of private capital to decarbonisation projects around the world and especially in the Global South, experts and business leaders noted.

Swedish climate activist Greta Thunberg accused attendees of the World Economic Forum in Davos of "fuelling the destruction of the planet" as she arrived at the event in the Swiss Alps on Thursday.

The minister said other countries, including China, had also raised the issue of settling non-oil trade payments in local currencies.

Prajakta Koli is part of the delegation of YouTube stars covering World Economic Forum's annual meeting at Davos

Uber has worked to cut costs for months, early enough relative to others that a memo the CEO wrote on this tougher stance "landed a bit like a lead balloon initially," Dara Khosrowshahi saidon the sidelines of the World Economic Forum's annual meeting.