Senior Correspondent, London
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Jan 20, 2015

U.S. is bright spot for Davos CEOs in troubled global economy

DAVOS, Switzerland (Reuters) – Chief executives are more worried than a year ago about the global economic outlook, as deflation stalks Europe and commodity prices wilt, but the United States stands out as a bright spot.

That is the verdict of a worldwide survey of more than 1,300 CEOs, released on the eve of the Jan. 21-24 World Economic Forum annual meeting in Davos, that also found business leaders still moderately confident in their own firms’ ability to grow revenues.

Jan 20, 2015
Jan 20, 2015
Jan 20, 2015
Jan 19, 2015
Jan 19, 2015

Davos predictions: win some, lose some

DAVOS, Switzerland (Reuters) – As the world’s business and political elite ascends the Swiss Alps for an annual bout of crystal-ball gazing this week, history suggests the Davos pundits are likely to get plenty of things wrong.

More than 1,500 business leaders and 40 heads of state or government will attend the Jan. 21-24 meeting of the World Economic Forum (WEF) to network and discuss big themes, from the price of oil to the future of the Internet.

Jan 16, 2015
Jan 16, 2015

Exclusive: More unit IPOs an option for evolving GlaxoSmithKline

LONDON (Reuters) – GlaxoSmithKline could consider more partial public share offerings for component units as it evolves in the coming years, potentially pointing to a break-up of the group if this offers value to shareholders.

Chief Executive Andrew Witty told Reuters the group’s large consumer health business would be more viable as a standalone operation following the conclusion of a $20 billion asset swap with Novartis NOVN.VX, especially if it bought additional assets.

Jan 16, 2015
Jan 16, 2015
    • About Ben

      "Ben Hirschler is European pharmaceuticals, biotechnology and healthcare correspondent, based in London. Previously, he was in charge of British company news and before that was posted to Johannesburg, covering the economic challenges facing post-apartheid South Africa."
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