Open markets and global trade have been blamed for job losses over the last decade, but global CEOs say the real culprits are increasingly machines. And while business leaders gathered at the annual World Economic Forum (WEF) in Davos relish …
As China’s medical bills rise steeply, outpacing government insurance provision, patients and their families are increasingly turning to loans to pay for healthcare, adding to the country’s growing burden of consumer debt. While public health insurance reaches nearly all of …
U.S. prices for the world’s 20 top-selling medicines are, on average, three times higher than in Britain, according to an analysis carried out for Reuters. The finding underscores a transatlantic gulf between the price of treatments for a range of …
The World Health Organization’s ability to police the new strain of bird flu that has killed 27 people in China is being jeopardized by budget cuts, according to a top U.S. official. “One of the things that, frankly, concerns us …
Climate change is back on the global agenda, with debate in the corridors at Davos given fresh impetus by U.S. President Barack Obama and U.N. Secretary-General Ban Ki-moon both highlighting it as top priority this week. Yet business leaders are …
Business leaders in Davos have plenty to worry about, from the euro zone to global geopolitical upheavals, but at heart their problem is simple: how to find new revenue in a low-growth world. Half a decade on from the financial …
Fragile economies and extreme weather have combined to crank up the global risk dial in the past year, creating an increasingly dangerous mix, according to the World Economic Forum. Despite Europe’s avoidance of a euro break-up in 2012 and the …
Global business leaders warned Western governments on Wednesday that a populist crackdown on the financial industry could crimp a fragile recovery from the worst recession since the 1930s. The worried response to U.S. President Barack Obama’s plans to tax and …
Nanoparticles can damage the DNA of cells from a distance, even without crossing the cellular barriers that protect certain parts of the body, British researchers said on Thursday. The surprising discovery raises fresh questions about the safety of nanotechnology, which …
Half a century after the launch of the notorious morning sickness pill thalidomide, its surviving victims are demanding €4 billion ($6.3 billion) in compensation from the German government and the drug’s maker. A newly formed group, the International Contergan Thalidomide …
