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.

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.

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.

Dimon's remarks come after the U.S. banking giant late last year agreed to drop a lawsuit filed against Tesla in 2021, seeking $162.2 million ... at the World Economic Forum's annual event in Davos, Switzerland. "He came to one of our conferences, [and ...

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 ...

Donald Trump grabbed the spotlight in Davos on Thursday, even if he wasn't physically there, but other things happened at the annual meeting of world elites in the Swiss ski village.

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

Tesla shares gained more than 2% on Thursday after CEO Elon Musk vowed to launch long-awaited cheaper models in the first half of 2025 and start testing an autonomous ride-hailing service in June.