If you’re struggling to find ways of elevating openness and morale in the workplace, how about taking a leaf out of the book of one of the world’s largest tech companies? Ruth Porat, the chief financial officer of Alphabet, as well as its subsidiary Google, said there’s one morale booster that the conglomerate does that […]

Oil prices could soon soar toward $80 a barrel amid escalating concerns over falling output from one of Latin America’s biggest producers, Crescent Petroleum’s chief executive told CNBC Tuesday. Speaking at the World Economic Forum (WEF) in Davos, Majid Jafar, CEO of the United Arab Emirates-based oil and natural gas producer, said prices could skyrocket […]

The world is facing many new and serious challenges from the rise of anti-globalization to technological changes and the environment, Indian Prime Minister Narendra Modi said Tuesday. Giving the opening plenary speech at the World Economic Forum (WEF) in Davos, Switzerland on Tuesday, Modi laid out his vision for India and the world in a […]

The U.S. decision to impose tariffs on imported solar cells will have little impact on wind energy business Vestas, its CEO said Tuesday. In an announcement Monday, the U.S. Trade Representative Robert Lighthizer said that President Donald Trump had approved recommendations to impose “safeguard tariffs” on both imported solar cells and modules as well as […]

Uber’s chief executive said the litany of scandals which have plagued the company over the past 12 months will ultimately help to ensure it does the “right thing” in the future. Speaking at the World Economic Forum (WEF) in Davos, CEO Dara Khosrowshahi said he believed the media had played a “very, very big part” […]

The CEO of Uber has dismissed the idea that his app will soon be able to dispense with drivers in order to control taxi cabs. Speaking at the World Economic Forum (WEF) in Davos, Switzerland, Dara Khosrowshahi said Tuesday that while automation would certainly develop, his firm would use drivers for a “long, long time.” […]

The leadership culture of Silicon Valley tech gurus has been slammed at the World Economic Forum in Switzerland. Speaking at a CNBC-moderated Davos panel titled “In Technology We Trust?,” Marc Benioff claimed that tech leaders need to modify their autocratic style. “We basically got to a point where the whole super majority vote structure thing […]

New technology will make jobs obsolete but will also create a lot of opportunities, the CEO of Schneider Electric said Tuesday. Speaking to CNBC at the World Economic Forum in Davos, Switzerland, Jean-Pascal Tricoire said that a few trends were accelerating. One was the “absolute digitization of every facility,” while the other was “Industry 4.0.” […]

The recent changes to the U.S. tax system are a short-term sugar high that will not fix the economy, the CEO of the world’s largest courier service said Tuesday. Speaking at a panel at the World Economic Forum, Frank Appel, CEO of Deutsche Post criticized the reduction of individual and corporate tax rates in the […]

Uber is working on delivering a better quality of service for its users around the world. Speaking at the World Economic Forum (WEF) in Davos, CEO Dara Khosrowshahi said he wanted to ensure Uber could “truly stand for safety” at a time when it was developing a new system to enhance its passengers’ experience. “We […]