Tuesday, 16th April 2024
To guardian.ng
Search

Davos 2022: Volkswagen CEO warns of cost from ‘long-lasting’ war in Ukraine

By France24
30 May 2022   |   7:22 am
The agenda of the World Economic Forum in Davos has been dominated by the war in Ukraine and its implications for the global economy and supply chains. Volkswagen CEO Herbert Diess spoke to our Business Editor Kate Moody on the sidelines of the event. He warned that a "long-lasting" war in Ukraine would be "really negative, mostly for Europe".

0 Comments

Your email address will not be published. Required fields are marked *

Related

3 days ago
Social media users have been sharing false claims that the Ukrainian army sold two of the heavy-duty CAESAR howitzers – given by France – to Russia for $120,000 per unit.
1 day ago
Here's what's been making the business headlines in sub-Saharan Africa this week.
1 day ago
Talking Europe hosts the head of the largest political group in the European Parliament, the centre-right European People's Party. Manfred Weber, a prominent German CSU politician, is hoping that the June 9 EU elections will re-confirm the EPP's pre-eminent position, but he is cautious on the possibility of alliances with the hard-right ECR group. We also touch on the "Russiagate" and "Piepergate" controversies, the EPP's contentious plan to reform the EU's asylum system, as well as French President Emmanuel Macron's "unwise" – according to Weber – remarks about potentially sending French troops to Ukraine.
3 days ago
Nigeria’s Minister of Finance, Wale Edun says 4.83 trillion naira from T-Bills and Bonds issued in the first quarter of this year was used to pay part of the Ways and Means advances from the Central Bank of Nigeria. Sam Chidoka, CEO of Kairos Capital joins CNBC Africa for more on this discussion and Nigeria's debt management strategy.
2 hours ago
After a year of war, Sudan is dealing with one of the world's worst humanitarian crises. As more local and international actors get involved, the outlook remains grim.
2 hours ago
Some top Nigerian banks are eyeing the international and local capital markets to raise fresh capital in a bid to meet the recapitalisation exercise by the Central Bank of Nigeria. Egie Akpata, Chairman of Skymark Partners joins CNBC Africa to examine options available to banks.