Analyst sees market making big mistake with energy transition

Analyst sees market making big mistake with energy transition

The pace of change in the modern world is often rapid and dizzying. Technologies that seem to be an integral part of our lives can, in what seems like a moment, become redundant and irrelevant. Energy is a sector where innovation and new ideas matter a lot, as countries and companies try to find ways … Read more

France says it differs with Washington on relations with Beijing

France says it differs with Washington on relations with Beijing

French Economy and Finance Minister Bruno Le Maire spoke at a CNBC panel in Davos. Ludovic Marine | AFP | Getty Images DAVOS, Switzerland — The European Union disagrees with the United States when it comes to opposing China, the French finance minister told CNBC on Friday. Speaking during a panel at the World Economic … Read more

Greta Thunberg to lead climate march on final day of talks in Davos

Greta Thunberg to lead climate march on final day of talks in Davos

Swedish climate activist Greta Thunbergand other prominent climate activists, including vanessa nakate and Helen Neubauer are organizing a climate march on the last day of panels at the World Economic Forum in Davos, Switzerland. Thunberg met with International Energy Agency chief Fatih Birol on the sidelines of the convention on Thursday and criticized corporate elites … Read more

In retrospect, monetary policy everywhere has been too expansionary: the head of the Swiss central bank

In retrospect, monetary policy everywhere has been too expansionary: the head of the Swiss central bank

“We probably all underestimated the inflationary pressure in 2021,” Jordan told CNBC. Bloomberg/Contributor/Getty Images Monetary policy was “too expansionary” in previous years and the current surge in consumer prices has yet to be brought under control, Swiss National Bank President Thomas Jordan said on Friday. “Probably in hindsight, monetary policy everywhere was a bit too … Read more