The CEO of German tech giant SAP said the world is entering the next phase of globalization — and he’s largely optimistic on the outlook for technology.
Morgan Stanley shares jump 6% as bank’s earnings top estimates on record wealth management revenue
Morgan Stanley fourth-quarter earnings are down sharply from last year, but were able top analysts expectations.
Ukraine has repeatedly pleaded for tanks to fight Russia — its Western allies could now be ready to provide them
Ukraine has repeatedly asked its Western allies to provide it with tanks to help it fight Russia. A reluctance to answer those calls could be about to change.
EU announces new green proposals to rival Biden’s Inflation Reduction Act
The president of the European Commission, Ursula von der Leyen, said Tuesday her institution was drafting a new law targeting the region’s green industries.
Idea of de-globalization is a ‘mirage,’ says historian Niall Ferguson
The Hoover Institution senior fellow said the idea that globalization has peaked is not borne out by data.
‘The year of inflection’: Top bank CEOs weigh in on inflation outlook
On the sidelines of the World Economic Forum in Davos, Switzerland, UBS CEO Ralph Hamers said 2023 will be “the year of inflection” for the global economy.
Tech bosses could face jail after UK government backs down over online harm
The U.K. government has agreed changes to its Online Safety Bill that would make senior managers at tech firms criminally liable for persistent breaches.
Morgan Stanley upgrades consumer goods maker Church & Dwight, says now is a good time to buy
Church & Dwight is now trading at attractive levels after falling in 2022 and has more upside potential this year, according to Morgan Stanley.
The worst is over for the global chip shortage, ABB chairman says: ‘I’m quite optimistic’
Asked whether supply chain issues in the chip industry have been resolved, ABB’s Peter Voser said that he believes the worst of the shortage has now subsided.
IEA chief lauds U.S. Inflation Reduction Act as most important climate agreement since Paris accord
Speaking on the same panel, Occidental Petroleum CEO Vicki Hollub described the IRA as one of the most transformative bills in the world.