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Multi-stakeholder dialogue, the cornerstone of the World Economic Forum’s ethos, remains the only possible starting point for progress. Beyond the vital work of organisations like the UN, we have carved out a space on the world stage where business leaders can rub shoulders with labour activists, and world leaders can talk – as well as listen. Back in 1987, Davos played a key role in preventing a war between Greece and Turkey. The former Turkish Prime Minister Turgut Ozal met his Greek counterpart, Andreas Papandreou, forming a bond of trust that helped to stave off military conflict.

Don’t underestimate the value of dialogue

By: EBR | Friday, February 9, 2018

We cannot fix the fractures of our world without multi-stakeholder collaboration

During the public consultation in September 2017, several health NGOs (Smoke Free Partnership, Association of European Cancer Leagues, European Network for Smoking Prevention), MEPs and providers of technology to combat illicit tobacco trade (represented notably by the International Tax Stamp Association) criticised the proposals on the grounds of incompatibility with the Protocol and lack of security in the system leading to its inability to substantially reduce illicit tobacco trade.

Tax stamp trade body calls for veto of proposed tobacco track and trace delegated regulation

By: EBR | Monday, February 5, 2018

The global trade body for the tax stamp industry, the International Tax Stamp Association (ITSA), urges the European Parliament to veto a delegated regulation regarding tobacco track and trace systems (key elements of data storage contracts) as it violates international law

“AI is probably the most important thing humanity has ever worked on. I think of it as something more profound than electricity or fire,” he said. “Any time you work with technology, you need to learn to harness the benefits while minimising the downsides.”

Google CEO – AI will be bigger than electricity or fire

By: EBR | Thursday, January 25, 2018

Artificial Intelligence will save us not destroy us, Google’s CEO, Sundar Pichai, said at Davos

Developing country data show a similar disconnect between GDP growth and Inclusion. Of the 30 countries in the top two quintiles of GDP growth performance during the past five years, only 6 have scored similarly well on a majority of the Inclusion indicators, while 13 have been no better than mediocre and 11 have registered outright poor performances.

A new way to measure economic growth and progress

By: EBR | Tuesday, January 23, 2018

Global economic growth is making a stronger than expected comeback. It is likely to accelerate to as much as 4% in 2018 from 3.2% in 2016

The Chinese equipment vendor said in a statement its Huawei devices will offer RCS messaging features through the Android Messages app “in the coming months” and will be available as a default service.

Huawei and Google partnership on RCS

By: N. Peter Kramer | Tuesday, January 23, 2018

Huawei announced its backing for Rich Communications Services (RCS) after striking a partnership with Google to integrate the messaging service across its portfolio of Android smartphones

5G and cloud technologies will underpin and accelerate the digitalization of industries. In turn, this will create opportunities across nearly every segment of the economy, from health care to transport, energy, and beyond. Telecommunication companies that take the path to 5G now, and focus on software-defined networking and the cloud, have a massive opportunity to benefit from serving these industries during their transformations.

The Fourth Industrial Revolution will bring a massive productivity boom

By: EBR | Friday, January 19, 2018

What good is technology?

The financial industry needs to understand the value preferences and investing behaviour of women to develop the best advice for how these clients can allocate their resources and values through traditional equity market or alternative investments.

Machine learning could change the game for female investors in 2018

By: EBR | Thursday, January 18, 2018

Many companies already know that women are becoming more prominent as wealth holders, are directing more wealth investing than before, and are often their largest consumers

”We are firmly situated among the top three phone makers in the world and remain the market leader in China,” Hu said. Huawei in October officially announced its Mate 10 series devices, which use the company’s latest artificial intelligence (AI)-optimised processor, claimed to be faster than Apple’s iPhones.

Huawei forecasts slowest growth since 2013

By: N. Peter Kramer | Friday, January 12, 2018

Huawei rotating CEO Ken Hu said in a New Year's message the company expects 2017 revenue to have increased 15 per cent to CNY600 billion ($91.2 billion), representing the company's slowest growth since 2013

”The decline of instant noodle sales shows a shift in China’s consumption patterns,” said Zhao Ping of the Academy of China Council for the Promotion of International Trade,” he told the China Daily.

Why are China instant noodle sales going off the boil?

By: EBR | Friday, December 22, 2017

Easy to make and cheap to buy, instant noodles have long been China's ultimate convenience food

In an era of volcanic Twitter accounts, devastating disruptions, seismic shifts towards de-globalisation and widespread corporate uncertainty, is your organisation trapped in fear or are you pulling the future towards you? In short, are you ”forwarding” your business?

What Really Matters for Your Business Is Forwardship

By: EBR | Wednesday, December 20, 2017

Leadership failures are often characterised by a lack of action or a knee-jerk reaction to disruptions

Today, we define management as the process of dealing with or controlling things or people. And if this is not a red flag to a CEO running anything other than a widget factory, I don’t know what is. Controlling things no longer appears plausible, and controlling people is downright counterproductive. Steve Jobs hit the nail on the head when he said: “It doesn’t make sense to hire smart people and then tell them what to do; we hire smart people so they can tell us what to do.”

Is the age of management over?

By: EBR | Friday, December 15, 2017

"The key to management is to get rid of the managers," advised Ricardo Semler, whose TED Talk went viral, introducing terms such as “industrial democracy” and “corporate re-engineering”

Social skills are important in the modern labor market because computers are still very poor at simulating human interaction. Skill in social settings has evolved in humans over thousands of years. Human interaction in the workplace involves team production, with workers playing off of each other’s strengths and adapting flexibly to changing circumstances. Such non-routine interaction is at the heart of the human advantage over machines. The growing importance of social skills can potentially explain a number of other trends in educational outcomes and the labor market, such as the narrowing – and in some cases reversal – of gender gaps in completed education and earnings.

The Growing Importance of Social Skills in the Labor Market

By: EBR | Friday, December 8, 2017

Labor market rewards to performing routine tasks have fallen, while the returns to workers’ ability to cooperate and adapt to changing circumstances have risen

Known for glazing in windows with high insulating properties, the sector is now extending into new territory. The innovation is called “smart-tinting glass”, to be placed into the global marketplace by early 2018, is not just glass, it is a system for the management of natural light that transitions from clear to dark in less than 3 minutes. Offering sun blocking, anti-glare protection and near privacy, this smart-tinting system makes of the building’s occupants wish it’s command.

Innovation is called “smart-tinting glass”

By: EBR | Monday, December 4, 2017

Glass unlimited, used to be AGC’s tagline. What seemed to be a material producer’s wish has become plain reality

“A great entrepreneur is optimistic for the future and asks what problem you can solve, and how you can solve it different from the others, better than the others,” he continued.

Jack Ma warns against the one mistake that can destroy start-ups

By: EBR | Friday, December 1, 2017

Jack Ma is a global icon in business, ranked second on Fortune’s list of the World’s 50 Greatest Leaders and one of the richest men in China, with a personal fortune of nearly $30 billion, according to Forbes

Well-intentioned policymakers believed that the benefits and costs of free market policies would be shared equally. That belief was wrong because it elided the fact that many people own little more than their skills and their time, and the free market doesn’t guarantee a use for them.

Capitalism is losing support. It is time for a new deal

By: EBR | Friday, November 24, 2017

The financial crisis has led many to question the legitimacy of capitalism

Overseeing the preparation of 180,000 meals each day is a team of five executive chefs and sous chefs. During peak periods such as the summer this figure rockets, with the 2017 record in July when 220,000 meals were processed in a 24-hour period. Like everything else at the Emirates Flight Catering Centre (EKFC), this is undertaken with military-style precision.The airline boasts a global spread of destinations and also sources ingredients used in its dishes from around the globe. There’s bananas from the Philippines, lamb sourced from New Zealand, vegetables from the Middle East and locally-sourced meat. Oh, and not forgetting (still popular) baked beans from the UK.

Top airline expands service from Brussels - and flies the flag for onboard cuisine

By: EBR | Monday, October 23, 2017

Leading airline Emirates is doing best to dispel traditional myths about onboard food with an innovative and inventive approach to eating at 34,000ft

So far this year, 46 global technology companies have reached unicorn status, according to research from CB Insights. Of those, China has produced 17 – only slightly fewer than the 19 created in the US.

This map will change how you see the world’s tech titans

By: EBR | Friday, October 20, 2017

Chinese unicorns are on the rise

The BitLocation system facilitates retail trading by providing real-time market values and, critically, eliminating the need for each retailer to maintain its own cryptocurrency inventory. Cryptocurrencies are highly volatile, meaning that maintaining inventory can quickly generate significant gains, but also losses. BitLocation will shield its retail partners from such risks.

BitLocation in talks to bring Bitcoin Trading to the High Street

By: EBR | Tuesday, October 10, 2017

BitLocation declines to name the UK firm, but describes it as one of the top-five FX retail groups and one of two in the UK it has had contacts with in recent weeks

Countries that want to achieve sustainable growth must cater for diverse forms of work and consider the rights of all workers. Our policy-makers need social innovations to fully embrace the idea of flexibility and social protection – “flexicurity” – by giving all workers the same rights and benefits, regardless of what contract they have.

3 ways the future of work can be fair as well as flexible

By: EBR | Friday, October 6, 2017

Setting the right course for labour policy in today’s rapidly evolving world of work is a complex challenge. Trends such as skills imbalances, the gig economy and digitization are transforming work so quickly that policy creation is lagging behind

A social business is a business that can create an impact on people, environment, employment and make reasonable profits that are invested back in the company. But a social business never remains a social business forever. Today, sanitation is a social business in India, but when the problem of open defecation will be solved and satisfactory sanitation facilities will be built, it will become a commercial business.

Rajeev Kher: ‘A social business does not remain a social business forever’

By: EBR | Wednesday, October 4, 2017

Social businesses are supposed to address social and environmental issues. But when the social issue is resolved, the social business becomes a business like any other, according to Indian social entrepreneur Rajeev Kher

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EU Actually

Far-left and far-right gains throw French mainstream parties into a quandary

By: N. Peter Kramer

In many big towns and cities, Socialists and centre-right Republicans are tempted to make electoral pacts on their outside flanks to beat the opposition in next Sunday’s run off of the French mayoral elections.

Europe

EU and the Arab Gulf Must Come Together

The war in Iran proves the United States is now a destabilizing actor for Europe and the Arab Gulf. From protect their economies and energy supplies to safeguarding their territorial integrity, both regions have much to gain from forming a new kind of partnership together.

Business

EU risks losing US soy imports under deforestation rules, Washington warns

The regulation would make the bloc less attractive for American exporters, a senior USDA official said