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Man Utd sets up shop with luxury lounge at Davos

Manchester United set out a dazzling Davos shop front this week, but insisted its lounge was to entertain clients and partners rather than to attract buyers for the English soccer club.
Business • 16 Jan 23

Big Oil in sights of climate activist protests at Davos

Big oil firms came under pressure at the start of the World Economic Forum (WEF) from activists who accused them of hijacking the climate debate.
Business • 16 Jan 23

Davos VIPs accused of 'hypocrisy' over private jet use

Environmental lobby group Greenpeace has accused attendees of the annual Davos meeting of a "distasteful masterclass in hypocrisy" over their use of private jets to travel to the event in the Swiss Alps.
Business • 16 Jan 23

Global recession seen likely in 2023 - WEF survey

Two-thirds of private and public sector chief economists surveyed by the World Economic Forum (WEF) expect a global recession in 2023, the Davos-organiser said today as business and government leaders gathered for its annual meeting.
Business • 16 Jan 23

Household wealth optimism collapses - survey

Barely two in five people believe their families will be better off in the future, according to a regular global survey that also identified growing levels of distrust in institutions among low-income households.
Business • 16 Jan 23

SA's Ramaphosa cancels Davos trip over energy crisis

South African President Cyril Ramaphosa has scrapped plans to attend the World Economic Forum (WEF) in Davos because of the energy crisis affecting the country, his spokesman said.
Business • 16 Jan 23

1% of Irish population owns 27% of the wealth - Oxfam

The wealthiest 1% of Irish society now owns more than a quarter of the country's wealth or €232 billion, a new report from Oxfam claims.
Business • 16 Jan 23

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