Davos forum is back with less billionaire starpower and no snow


Kristalina Georgieva, managing director of the International Monetary Fund (IMF), speaks during a panel session on the opening day of the World Economic Forum (WEF) in Davos, Switzerland, on Monday, May 23, 2022. The annual Davos gathering of political leaders, top executives and celebrities runs from May 22 to 26.

NEW YORK: Ask some of the world’s rich and powerful descending on Davos this week and they’ll tell you: After a two-year pandemic-enforced hiatus from the Swiss ski resort, the annual meeting of the World Economic Forum (WEF) just isn’t going to be the same.

The guest list is hundreds of names shorter, with many titans of finance conspicuously absent. The chiefs of Goldman Sachs Group Inc and JPMorgan Chase & Co aren’t going. Neither is BlackRock Inc’s Larry Fink or Steve Schwarzman, the private-equity billionaire.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Business News

Wall St set to open higher on tech boost, PCE data
US inflation rises in line with expectations in March
Gamuda Land announces retail partners for Gamuda Gardens
YNH reaffirms bondholders with remedied technical defaults
Ringgit ends firmer against US dollar
KPJ Healthcare partners with Trustr for AI-driven healthcare solutions
Homeritz stays positive amid economic challenges
Unisem expects performance boost amid semiconductor recovery
Gadang wins RM280mil data centre contract
S P Setia unveils Casaville single-storey bungalows in Setia EcoHill, Semenyih

Others Also Read