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IMF cuts global growth forecast

21st January 2015
The IMF has cut its global growth forecast for 2015 to 3.5%, down 0.3% from its October prediction. It expects a lower oil price to be positive for the global economy, but to be offset by negative factors. The IMF believes a lower oil price will stimulate more growth in advanced economies that import oil […]
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Investment needed to meet energy policy objectives

20th January 2015
Diminishing financial returns for utilities have put at risk the ability of the electricity sector in OECD markets to raise the estimated $7.6 trillion (€6.5 trillion) in investments needed by 2040 to meet energy policy objectives, according to a new report from the World Economic Forum. This investment is needed to simultaneously decarbonise the sector […]
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World Economic Forum 2015

20th January 2015
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CBI calls on WEF forum to push global trade deals

20th January 2015
The Confederation of British Industry (CBI) has called on world leaders to drive trade deals during the World Economic Forum, taking place in Davos, Switzerland this week. “The UK economy is in good shape. Whilst the pace of growth is set to cool slightly, we can expect to see solid growth this year and next,” […]
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New Global Context to take 10 global challenges

20th January 2015
Over 40 heads of state and government, as well as 2,500 other leaders from business and society will convene at the 45th World Economic Forum Annual Meeting, from 21 to 24 January 2015 in Davos-Klosters, Switzerland, to discuss The  New Global Context. This context consists of 10 global challenges affecting the world today: environment and […]
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WEF takes action on cyberthreats

20th January 2015
The World Economic Forum and its partners have developed a new way for organisations to calculate the impact of cyberthreats. The framework, called ‘cyber value-at-risk’ comes at a time when cyberattacks are increasing in velocity and intensity, and when 90% of companies worldwide recognise they are insufficiently prepared to protect themselves against them. “Continuous cyberattacks […]
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Public opinion to spark debate at WEF 2015

20th January 2015
The public will get to have their say on burning issues related to the global economy, business, politics and civil society during this year’s World Economic Forum Annual Meeting 2015, taking place in Davos, Switzerland this week. Best Dental Clinic In Dubai Open Forum Davos 2015 will open its doors to the general public from […]
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Businesses needs to work hard to attract new talent

19th January 2015
Business should focus on people and purpose, not just products and profits according to Deloitte Touche Tohmatsu Limited's (Deloitte Global) fourth annual Millennial survey. This and other findings from the survey suggest businesses, particularly in developed markets, will need to make significant changes to attract and retain the future workforce. Deloitte Global surveyed 7,800 graduates […]
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Increased operating costs putting strain on SMEs

16th January 2015
More than half (59%) of small and medium sized businesses across the UK are experiencing increased operating costs, and of that figure, 58% say it is having a negative impact on their cash flow. The figures come from the Close Brothers Business Barometer, a quarterly survey of UK SME owners and senior management. Of those […]
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Swiss Franc breaks from euro peg

16th January 2015
The Swiss National Bank (SNB) put European financial markets in a spin yesterday when it announced it would no longer be pegging its currency, the Swiss Franc, to the euro. SNB is discontinuing the minimum exchange rate of CHF 1.20 per euro. The banking institution said that it was taking the step to counteract devaluation […]
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2014 record year for M&A transactions

16th January 2015
2014 proved a record year in terms of mergers and acquisitions (M&A) activity, according to data from Deloitte. The firm stated that high M&A deal values made an emphatic return in 2014, particularly in the healthcare, TMT and consumer products sectors. In the first three quarters of 2014, companies spent US$2.5 trillion (€2.1 trillion) on […]
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Industry calls for a global capital standard for insurers

15th January 2015
The recent release by the International Association of Insurance Supervisors (IAIS) of its consultation paper on a risk-based global insurance capital standard (ICS) is the latest instalment in a multi-year programme towards developing a global standard. However, while this is one step closer to having a clear standard that global insurers can adopt, further regulatory […]
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