Swiss food giant Nestlé will invest $1 billion (CHF905 million) in Mexico over the next three years to boost production, the Mexican president and
MEXICO CITY (Reuters) - Packaged food company Nestle will invest $1 billion in Mexico over the next three years to boost production of various products, Mexican President Claudia Sheinbaum said on Tuesday. Sheinbaum made the announcement in a video on social media alongside Nestle executives.
Trump's second presidency dominated proceedings at the World Economic Forum amid ominous warnings over the looming threat of trade tariffs and his decision to pull the United States out of the Paris climate agreement.
At the World Economic Forum in Davos, Switzerland on Wednesday, JPMorgan Chase CEO Jamie Dimon cautioned investors on the risks of increased deficit spending, sticky inflation and geopolitical
The surgical robot leader is watching developments under the new administration but has not included any tariff impact in its financial forecast.
An expected decline in interest rates could be stalled if the prospective tariffs of Donald Trump's second White House administration bleed into markets and shore up inflation, UBS CEO Sergio Ermotti warned Tuesday.
The dichotomy between the gatherings of rich and powerful at Donald Trump’s inauguration and at the World Economic Forum in Davos was stark as the world woke up to a new reality under Trump.
Eurasia Group founder and president Ian Bremmer warned Monday that he believes the US is headed for a trade war with China just as Donald Trump assumes the presidency for the second time.
Speaking in Davos, Ukrainian President Volodymyr Zelenskyy questioned whether Trump was committed to NATO and European security.
President Trump's approach to China significantly shifted since his campaign, focusing on a nuanced relationship balancing trade concerns and diplomatic engagement. As he adopts pragmatic strategies,
Switzerland's government said on Wednesday it planned to ban international adoptions due to concerns about abuses in the practice. Based on the findings of an independent group of experts, the government said that "even well-crafted adoption laws cannot prevent abuse and that a ban is the best way to adequately protect all those affected,
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