davos

UK Retail Sales Slump Points To New Risk Of Recession

British retailers suffered the biggest drop in sales for almost three years during December, raising the risk that the economy entered recession late last...

'Precarious' Year Ahead For World Economy, Davos Survey Predicts

The global economy faces a year of subdued growth prospects and uncertainty stemming from geopolitical strife, tight financing conditions and the disruptiv...

DP World Forecasts Further Freight Rate Fall As Demand Slows

DP World expects freight rates to drop by a further 15% to 20% in 2023, with the worst still to come as demand slows, the Dubai-based global logistics comp...

SPAR Switzerland Implements New EUROSPAR Concept In Two Stores

Retailer SPAR Switzerland has reopened two EUROSPAR stores in Davos – Davos-Platz and Davos-Dorf – featuring the new EUROSPAR concept.

Nestlé Chairman Defends Long-Term Strategy In Face Of Shareholder Activist

Nestlé SA chairman Paul Bulcke has said that he would not pursue short-term efforts at the expense of long-term success, in the face of scrutiny fro...

Lewis Chairs Food Waste Campaign, Wins Praise From Activists

Tesco CEO Dave Lewis is chairing a global food waste campaign at the World Economic Forum in Davos, and has won praise from influential anti-food-waste act...

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