Microsoft is pushing for a new set of global norms to try and police government activity in cyberspace, following a spate of high-profile cyberattacks. Speaking at the World Economic Forum (WEF) in Davos, Switzerland, the tech giant’s president Brad Smith said Friday: “This is supposed to be a time of peace… so the world has […]

Another top official at the European Central Bank has made a thinly-veiled swipe at the U.S. administration, following comments made by Treasury Secretary Steven Mnuchin which caused the dollar to slump against the euro. The greenback tanked to a three-year low Wednesday when Mnuchin said that a weaker dollar is beneficial for the country. This […]

Bitcoin and other cryptocurrencies are “not a very good version of money” due to their volatile nature, the deputy governor of Sweden’s central bank said Thursday. Cecilia Skingsley said that digital currencies were not an efficient store of value or means of exchange, but conceded that they could be called assets instead. “In my view, […]

Bitcoin was hammered by top business leaders at the World Economic Forum in Davos, but those in the cryptocurrency world had a message of their own. Cryptocurrencies were one of the biggest topics at the Forum. There was an official session on it, CNBC ran a few panels about the subject in The Sanctuary, and […]

The Vatican has given President Donald Trump its advice on what he should say during his address to global business and political leaders in Davos, Switzerland. When asked what he believed needed to be in Trump’s address to attendees of the World Economic Forum (WEF) on Friday, Cardinal Peter Turkson, Prefect at the Vatican’s Dicastery […]

The relationship between Estonia and the President Donald Trump administration is solid, Estonian Prime Minister Juri Ratas told CNBC at the World Economic Forum on Friday, countering doubts over the current U.S. government’s commitment to its NATO ally. Asked if Trump has been a dedicated friend so far, the prime minister replied, “We have a […]

President Donald Trump has created, along with other male leaders, a wave of misogyny around the world, one of the co-chairs at the World Economic Forum (WEF) told CNBC on Friday morning. Sharan Burrow, the general secretary of International Trade Union Confederation and one of the seven female co-chairs of this year’s event in Davos, […]

President Donald Trump is expected to deliver an “America First” message when he speaks at the World Economic Forum (WEF) on Friday. Trump has been meeting business executives and other world leaders during his two-day stay in the Swiss Alps. His presence at the Forum will culminate with the speech on Friday afternoon, when he […]

Brexit is leaving the European Union with a big problem on its hands and a “very tough” negotiation ahead, European Commission Vice-President Jyrki Katainen told CNBC on Friday. The U.K. has been one of the main contributors to the European budget, but once it has left the bloc there will be a gap in the […]

Leaders of major economies like President Donald Trump are making the case for lower corporate taxes and Europe should pay attention, Irish Finance Minister Paschal Donohoe told CNBC at the World Economic Forum on Friday. Asked if he believed Trump was setting an example on tax policy, Donohoe was positive. “Do I believe the mood […]