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Iraqi Oil Bosses Wooed by Shopping Trip, Cash, TVs for Contracts
Iraqi oil bosses were wooed by shopping trips, cash and offers of new TVs from businessmen seeking lucrative contracts to rebuild export infrastructure after the U.S. invasion that brought down former
What We Learned in Davos About Climate, Economics and Trump
Greta Thunberg, center, takes part in a demonstration on the closing day of the World Economic Forum in Davos. Photographer: Simon Dawson/Bloomberg
Davos Sees Trump’s China Love as a Short-Term Affair
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Japan Sees Nothing Wrong With Justice System Ghosn Called Rigged
Long before fallen auto titan Carlos Ghosn fled trial in Japan and launched an attack on the country’s justice system from afar, another foreign businessman found himself at the mercy of Tokyo’s
Amtrak’s $2.1 Billion Acela Upgrade May Miss 2021 Planned Start
Amtrak’s $2.1 billion upgrade to its high-speed Acela rail service between Washington and Boston may miss a planned start of paid customer service in 2021, according to the railroad’s internal
$6 Million Bribes Helped to Win Iraq Oil Deals, Prosecutors Say
Maneuvering, manipulation and $6 million in bribes helped oil companies win contracts with Iraq in the aftermath of Saddam Hussein’s reign, U.K. prosecutors said on the first day of opening arguments
Angela Merkel Says Fight Against Climate Change ‘Matter of Survival’
German Chancellor Angela Merkel says she’s worried about the growing conflict between young campaigners for a cleaner planet and those who reject global warming.
Merkel, Mnuchin Diverge on Generation Thunberg: Davos Update
The rich and powerful are in Davos, Switzerland, for the World Economic Forum’s 50th annual meeting, and the gathering is being closely watched to see how the global elite aims to tackle problems they
Bezos Hack Began With Saudi Goodwill Tour, Intimate Dinner
In the spring of 2018, Saudi Arabia’s crown prince, Mohammed Bin Salman, arrived in the U.S. for a three-week cross-country tour to pitch a progressive vision for his kingdom, including an economic
Bezos Hack Claim Clouds Start of Big Year for Saudi Crown Prince
The incendiary claim that the crown prince of Saudi Arabia was involved in hacking Amazon.com Chief Executive Officer Jeff Bezos’s mobile phone will refocus critical attention on the controversial
Trump Inaugural Committee ‘Grossly’ Overpaid Trump Hotel, Lawsuit Says
President Donald Trump’s inaugural committee violated nonprofit laws by “grossly” overpaying for events held at a hotel owned by his family business, according to a lawsuit by the District of
Trump Seeks ‘Hundreds of Billions’ for U.S.: Davos Update
The world’s rich and powerful are in Davos, Switzerland, for the World Economic Forum’s 50th annual meeting, and the gathering will be closely watched to see how the global elite aims to tackle issues
Davos by the Numbers: From Climate Change to Billionaires
Greta Thunberg’s call to the World Economic Forum in 2019 that it’s time to panic about climate change might be finally starting to hit home as attendees show more alarm at the teenage activist’s
Dealers Blast Nissan CEO, Deliver ‘an Hour and a Half of Reality’
Japanese executives traditionally take company failings very personally, often performing penance in the wake of scandals and downturns. In the case of fresh-on-the-job Nissan CEO Makoto Uchida, his
The Trump and Thunberg Show: Davos Diary
Hello from Davos, Europe’s highest town and the location for the gathering of billionaires, politicians, bankers, academics and executives that is the World Economic Forum’s annual meeting.
Isabel dos Santos Diverted Funds from State Firms, ICIJ Says
Isabel dos Santos, Africa’s richest woman, built her multi-billion dollar business empire via a series of questionable deals involving Angolan state assets during her father’s 38-year rule of the
Brussels Edition: Seeking a Way Forward in Libya
Welcome to the Brussels Edition, Bloomberg’s daily briefing on what matters most in the heart of the European Union. Sign up here to get it in your inbox every weekday morning.
Trump to Mingle With Elites in Davos as Impeachment Trial Opens
Donald Trump is heading back to Davos, poised to hail his economic record as vindication of an “America First” agenda to the world’s elite while lawmakers back home weigh his impeachment.
Some Strategists Say Get Ready for ‘Peak Decade’
Amid the Alpine peaks of the Swiss resort of Davos in the week ahead, politicians, investors and executives will be busy debating whether we are witnessing peaks in key drivers of the world economy.
Trump Tax Cut Hands $32 Billion Windfall to America’s Top Banks
Savings for the top six U.S. banks from President Donald Trump’s signature tax overhaul accelerated last year, now topping $32 billion as the lenders curbed new borrowing, pared jobs and ramped up