Tag Archives: discussed

DAVOS, Switzerland — The World Economic Forum in Davos, Switzerland is well underway, and there is a lot happening here on the ground despite not being as crowded as previous years. One source said the crowds feel 10% to 20% lighter in the halls of the Congress Center. Another noted that the after-hours party scene (more on that below) is less muted than in year’s past. There is also far less optimism about the economy in the voices of world’s power brokers. One CEO remarked that we may be… Source link

By Mike Spector (Reuters) – The chief executives of ExxonMobil Corp and Chevron Corp held preliminary talks in early 2020 to explore combining the two largest U.S. oil producers in what would have been the biggest merger of all time, according to people familiar with the matter. The discussions, which are no longer active, are indicative of the pressure the energy sector’s most dominant companies faced as the COVID-19 pandemic took hold and crude prices plunged. The talks between Exxon Chief… Source link

Mike Blake/Reuters “Shark Tank” star Kevin O’Leary underscored the value of investing, spoke about shorting Yahoo!, and predicted the pandemic will transform retail forever on the “Industry Focus” podcast. O’Leary also discussed the risks of venture investing, the dearth of financial literacy in the US, and how Warren Buffett’s business partner, Charlie Munger, has shaped his investing approach. Here are O’Leary’s 16 best quotes from the interview. Visit Business Insider’s… Source link