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Ozempic maker lowers outlook

The company posted tepid Q3 results.

Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

BYD Q3 profit down 33%

This was a 33% year-on-year decrease.

Alphabet posts first $100 bn quarter

The growth was powered by cloud division buoyed by AI

Nvidia to take stake in Nokia

Nvidia share price soars 20%.
  • Readying for jobs of tomorrow: WEF’s Till Leopold stresses upskilling

    Davos, Switzerland -- In the next five years, millions of jobs will be created. Governments, employers, and education institutions, therefore,...

    The key report findings highlighted that there will be 78 million new job opportunities by 2030 but urgent upskilling is needed to prepare workforces.

    The fastest-growing skills by 2030 will include technological skills alongside human skills, such as cognitive skills and collaboration.

  • Davos25: Working in silos can’t resolve systemic issues, says Catalyst Now’s Galtung

    Davos, Switzerland -- Some of the biggest problems in the world today are systemic problems, which cannot be resolved with...

    From 200 organizations in 2020, Catalyst Now has grown to 3,800 organizations working in 140 countries.

    It's for the first time that there's a Social Innovation House in Davos. There is a commitment to do it again next year.

  • Trump pledges historic tax cuts, investment growth, oil price action, and Ukraine peace effort at Davos 2025

    The newly inaugurated president remarked that he would “like to meet with President Putin soon” and “get the war ended,”...

    The newly inaugurated president said he would reduce the US corporate tax rate from 21% to 15%, with foreign companies manufacturing goods in the US benefiting directly

    Trump also indicated that lowering oil prices could be a key step towards ending the Ukraine-Russia war, urging Saudi Arabia and OPEC to reduce the cost of oil

  • Workers should have a say in AI implementation, says TUAC general secretary

    Davos, Switzerland -- The transformation seen in the labor market brought about by green transition and new technologies has raised...

    Nilsson said that in the green transition, the new jobs that have been created are of lower quality and workers are less protected.

    AI can reduce discrimination in hiring but the technology itself can be rigged to increase discrimination, she warns.

  • EXCLUSIVE: ILO chief urges action on job gap and reskilling at Davos 2025

    Davos, Switzerland -- The world labor market is nearing the pre-Covid levels but gender gap and other concerns remain, International...

    Houngbo said he saw the unemployment gap between young women and young men to the disadvantage of women.

    The most important thing is that the private and public sectors need to step up investment in reskilling, he said.

  • Nations retreating inward making global cooperation harder, Dr Masood tells TRENDS at Davos

    Davos, Switzerland - The world is grappling with challenges that demand collective action, but rising nationalism and geopolitical tensions are...

    The world faces problems that can only be solved if people and countries come together, Dr. Masood said

    He pointed to US-China tensions as a major barrier to addressing shared global challenges

  • UNRWA: Reconstructing Gaza Strip exceeds agency’s capabilities due to severe damage

    Gaza, Palestine - The United Nations Relief and Works Agency for Palestine Refugees (UNRWA), confirmed today that the reconstruction process...

    UNRWA said that the agency can contribute to rehabilitating the infrastructure in the camps and returning employees to work inside them, and operating their wells.

    The agency emphasized that locating the missing—numbering in the thousands beneath the rubble—requires meticulous planning and the expertise of specialized teams

  • Trump’s second term begins: Highlights Middle East hostage return, promises diplomacy over conflict among top priorities

    Trump vowed to be a “peacemaker and unifier,” citing the Israel-Hamas ceasefire and hostage release as key steps toward peace,...

    "My proudest legacy will be that of a peacemaker and unifier. That’s what I want to be," Trump declared after taking the oath of office

    He highlighted the ceasefire and hostage release agreement between Israel and Hamas as a significant step toward peace

  • Ceasefire begins: Israel, Hamas exchange hostages and prisoners amid fragile hopes for lasting peace

    The 42-day truce's first phase involves prisoner exchanges and hostage releases, but the future remains uncertain as both sides navigate...

    In Gaza, Palestinians returned to homes reduced to rubble, checked on missing relatives, and prepared to bury their dead

    Humanitarian relief efforts also resumed, with more than 600 trucks carrying essential supplies entering the battered enclave

  • Ceasefire agreement between Israel and Hamas goes into effect, marking first steps toward peace

    As the first phase of the ceasefire takes effect, the world watches to see whether this temporary reprieve will be...

    The complex deal consists of three phases, each lasting 42 days, and it will see both sides release prisoners and hostages in exchange for a temporary halt to the violence

    Netanyahu’s warning that Israel retains the right to resume fighting and Hamas’s insistence on a complete Israeli withdrawal and a lasting ceasefire make the road to lasting peace