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World Economic Forum

Does lower income inequality bring faster economic growth?

Oxfam research and policy advisor Nick Galasso on the dangers of income inequality.

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  1. Making Health at Work a Social Affair

    In June, the American Medical Association officially recognized obesity as a disease with the hopes of bringing greater awareness to the growing epidemic in this cou...

  2. Lingering Crisis in Cairo Dims Egypt's Economic Outlook

    With Egypt's economy still licking its wounds from the 2011 revolution, the latest political stalemate gripping Cairo and capturing the world's attention threatens t...

  3. Microsoft Establishes Presence in Myanmar

    Technology giant Microsoft Corporation (NASDAQ:MSFT) Thursday established a presence in Myanmar for the first time, forming an exclusive partnership with local firm ...

  4. Nigeria Seeks Economic Diversification in Agriculture Push

    Nigeria's agriculture ministry has attracted $8 billion in foreign investment and aims to boost that to just over $10 billion by 2015, the country's minister of agri...

  5. New Report Calls for Investigation into Africa Mine Deals

    Congo's government lost an estimated $1.36 billion in potential revenue from several mine right sales between 2010 and 2012 due to bad mining deals, said a new repor...

  6. Standard Chartered Seeks Banking Operations in Angola, Mozambique

    Standard Chartered PLC (STAN.LN) aims to add two more banking operations in Africa as it seeks to increase revenue from the continent, the company's Africa chief exe...

  7. Mexico Decision on Beer Deals Seen as Key to Competition

    An upcoming ruling from Mexico's competition regulator that could open up the country's beer market will be an important sign of the government's commitment to incre...

  8. Intercorp Chairman Sees Continued Growth in Peru's Economy

    One of Peru's largest business groups, Intercorp Peru Ltd. (INTCOBC1.VL), is riding the wave of the nation's economic success by expanding into an ever increasing nu...

  9. Peru Finance Minister: No Offer on Repsol Assets, But Analysis Under Way

    Peruvian Finance Minister Luis Miguel Castilla said Thursday that the government, through state-owned oil company Petroleos del Peru SA (PETROBC1.VL), or Petroperu, ...

  10. Buenaventura CEO Says Strike at Peru Silver Mine Expected to End Thursday

    Peruvian precious-metals miner Compania de Minas Buenaventura SAA's (BVN, BUENAVC1.VL) said that a 10-day strike at its Uchucchacua silver mine should end Thursday.C...

  11. Peru's Buenaventura: Conga Project May Be Complicated by Low Mineral Prices

    Peruvian precious metals miner Compania de Minas Buenaventura SAA (BVN, BUENAVC1.VL) said Thursday that development plans for its Minas Conga copper and gold project...

  12. Swiss Re CEO: Sees Latin America Growth Boosting Insurance Demand

    Reinsurance and insurance company Swiss Re (SSREY) (SREN.VX) sees Latin America markets as a growing part of its business, as it works to cover an expanding middle c...

  1. Carney: BOE Will Update Forward Guidance In Feb.

    The Bank of England will update its forward guidance on interest rates next month, responding to a much faster-than-expected drop in the unemployment rate, Gov. Mark...

  2. Rouhani: We Won't Give Up Our Nuclear Program

    Iran's President Hasan Rouhani stressed on Thursday that his country will not give up its nuclear program and any impediment to reaching a deal with global power wou...

  3. Standard Chartered boss says takeover talk is "rubbish"

    DAVOS, Switzerland (Reuters) - Standard Chartered's chief executive said takeover talk that has resurfaced around his bank after recent problems is "rubbish" and the...

  4. Chief Executives Confident of Growth, Wary of Policy

    Confidence among U.S. CEOs is rising that the global economy is bouncing back and that corporate growth will follow, but American bosses are more concerned than thei...

  5. Davos Prepares for Annual Parade of Powerbrokers

    The annual Davos gathering, which draws thousands of the world's most powerful people, will this year welcome more than 40 heads of state and government to focus on ...

  6. South Africa labor still 'inherently unstable' after strike ends: BMW

    BMW said on Monday the labor situation in South Africa remained "inherently unstable" and it had no plans to reverse a freeze on expansion, even after car parts make...

  7. Nordic Factory Exodus Could Cost 200K Jobs

    A manufacturing exodus from Nordic economies could lead to the loss of more than 200,000 jobs in the next five to seven years as investment continues to shift from d...

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