At current trends the charity Oxfam predicts up to five trillionaires are expected to emerge within the next decade.

Jamie Dimon’s comments follow JPMorgan’s decision late last year to drop a case filed against Tesla in 2021, which had sought $162.2 million plus fees over a dispute regarding stock warrant transactions.

Welcome to CNBC’s live blog covering all the latest news, views and action on day 3 of the World Economic Forum in Davos, Switzerland.

The value of Tesla’s brand dropped for a second straight year, according to research and consulting firm Brand Finance.

"We actually no longer call it EV. We call it EIV. 'I' stands for intelligent," Pan Jian, a cochair of CATL, told a WEF panel in Davos, Switzerland.

Jamie Dimon said that he and Elon Musk settled their differences. This seemingly concluded their row, sparked by a legal fight between JPMorgan and Tesla.

A change in the H-1B visa policy for highly skilled professionals from India under Trump 2.0 would be "fantastic" for the US as it needs them, American economist Kenneth Rogoff told NDTV at the World Economic Forum (WEF) meeting in Davos.

Davos newsletter! For Gary Cohn, Davos 2025 must feel like déjà vu. “Even when I was there eight years ago, there was always a heavy debate on tariffs,” President Donald Trump’s former top economic adviser and the current vice chairman of IBM told Bloomberg TV.

"Elon and I hugged it out," Dimon told CNBC in a TV interview at the World Economic Forum's annual event in Davos, Switzerland. "He came to one of our conferences, [and] he and I had a nice, long chat. We settled some of our differences."

JPMorgan had previously alleged Tesla breached the terms of a contract ... Dimon told CNBC's Andrew Ross Sorkin at the World Economic Forum in Davos, Switzerland. The U.K. is "not part of ...

JPMorgan Chase CEO Jamie Dimon and Tesla chief Elon Musk, once adversaries in a prolonged legal battle, have settled their differences, the banker told CNBC in an interview on Wednesday.

The financial impacts of climate change are “just a totally different picture” than in the past, said Nicolai Tangen.