CNBC World News

On the sidelines of the World Economic Forum in Davos, Switzerland, UBS CEO Ralph Hamers said 2023 will be "the year of inflection" for the global economy.

he interior minister of the state of Lower Saxony, Boris Pistorius, will become Germany's next defense minister, the government said Tuesday.

Asked whether supply chain issues in the chip industry have been resolved, ABB's Peter Voser said that he believes the worst of the shortage has now subsided.

Speaking on the same panel, Occidental Petroleum CEO Vicki Hollub described the IRA as one of the most transformative bills in the world.

China may have marked one of the worst years of economic growth on record, but its shorter-term data showed things might get better sooner.

The CEO of Allianz said the German insurer proved to be "very resilient" through what he described as one of the worst environments imaginable in 2022.

U.K. house prices will fall by up to 10% this year, as higher mortgage rates and the broader cost of living crisis curtail home buying, Lloyds Bank CEO Charlie Nunn told CNBC on Tuesday.

The U.S. special presidential envoy for climate was speaking at the World Economic Forum in Davos.

Singapore is welcoming travelers from China, but tourist numbers may return to just 30%-60% of pre-pandemic numbers by year-end.

IMF Managing Director Kristalina Georgieva told CNBC Tuesday that the days of her institution giving global growth downgrades are over.

Hong Kong markets are set to benefit from the reopening of the Chinese economy, despite Beijing's disappointing annual GDP growth rate in 2022, according to HKEX Chairman Laura Cha.

Bitcoin has begun 2023 on a positive note. The token climbed above $21,000 on Saturday for the first time in two months, and is now up 28% month-to-date.

The Yes Men, an activist group that has a history of creating spoofs to draw attention to corporations, said it was behind the releases.

Some 73% of CEOs think global growth will decline in the next year, which is the most pessimistic outlook in 12 years, according to a new survey by PwC.

Moderated by CNBC's Steve Sedgwick, top business leaders discuss at Davos, Switzerland, how financial actors respond to ongoing disruptions while keeping pace with technological advancement.

The sweeping U.S. legislation was approved by U.S. lawmakers in August and includes a record $369 billion in spending on climate and energy policies.

China was widely expected Tuesday to report its first population decline in decades.

China's GDP for 2022 was expected to have grown by its slowest since 2020, the year the pandemic began.

Adar Poonawalla, chief executive of the world's largest vaccine manufacturer, said China needs to "open... up to healthcare and vaccines from the West."

A pitch deck for the project said the marketplace is aiming to go live by the end of February.