Brazil expects to see upwards of 3 percent gross domestic product (GDP) growth in 2018, Brazilian Finance Minister Henrique Meirelles told CNBC Tuesday, a figure that flies in the face of the International Monetary Fund’s (IMF) forecast of 1.5 percent. Speaking at the World Economic Forum in Davos, the head policymaker for Latin America’s largest […]

PR chief Richard Edelman has called on the industry to be more balanced in the stories it promotes to the media following a scandal that saw agency Bell Pottinger’s British business file for bankruptcy. Bell Pottinger ran a PR campaign for Oakbay Investments that was labeled racially divisive by a law firm hired to investigate […]

This is a breaking news story, please check back later for more. On Sunday, Saudi Arabia’s energy minister urged global oil producers to extend their cooperation beyond 2018. Speaking to reporters ahead of an OPEC joint ministerial committee, Khalid al-Falih also raised the prospect of a new form of agreement rather than continuing with the […]

The world is currently in an “upswing” in employment creation following a period during which jobs were lost to the advance of technology, the CEO of Credit Suisse said Tuesday. Speaking to CNBC at the World Economic Forum in Davos, Switzerland, Tidjane Thiam said there remain risks to the current economic environment, including geopolitical concerns. […]

The North American Free Trade Agreement is “something to be improved upon,” Canada’s finance minister told CNBC Tuesday as the sixth round of NAFTA talks get underway in Montreal. “Our goal is to make real progress. We’ve got some constructive ideas. And we’re really focused on how we can improve NAFTA,” Finance Minister Bill Morneau […]

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” […]