German Finance Minister Christian Lindner said Tuesday that he believed the country would experience a mild recession in 2023, but that he felt positive about his country’s economic outlook. “We still have to cope with high uncertainty, but I think the economic outlook is improving,” Lindner told CNBC’s Geoff Cutmore …

Russian President Vladimir Putin speaks during a news conference after a meeting of the State Council on youth policy in Moscow, Russia, December 22, 2022.  Sergey Guneev | Sputnik | Reuters Poland’s President Andrzej Duda has slammed his Russian counterpart, saying Vladimir Putin is behaving like a colonialist. “Vladimir Putin …

The world’s largest automaker, Toyota, is battling criticism it is behind rivals on electric vehicles, and is even working to try and block the transition to zero-emission electric fleets. But the automaker says it does believe in an all-electric future. It just maintains that future will not reach all of …

2024 Chevrolet Corvette E-Ray hybrid sports car GM DETROIT – General Motors’ first-ever “electrified” Corvette will be available later this year starting at more than $104,000, the automaker said Tuesday. The vehicle also will be all-wheel drive, another first for the quintessential American sports car. The carmaker said the E-Ray, …

DUBAI, United Arab Emirates — Dubai’s property sector is going from strength to strength, as growth and reform in the oil-rich Arab Gulf states attract more foreign residents, companies and investors. Property transactions in Dubai year-to-date hit a record high by the end of 2022, surpassing previous records reached over …

Unilever CEO Alan Jope photographed at the World Economic Forum in May 2022. Hollie Adams | Bloomberg | Getty Images The CEO of consumer goods giant Unilever said Tuesday that prices would likely continue to rise in the near term, adding that his firm had a playbook for high inflation thanks to …

The CEO of German tech giant SAP said the world is entering the next phase of globalization — and he’s largely optimistic on the outlook for technology despite challenges posed by higher interest rates and supply chain disruptions. “We are entering from my perspective the next phase of globalization,” SAP …

CEO Ralph Hamers of Swiss bank UBS addresses the Annual Meeting of Swiss Financial Institute in Zurich, Switzerland, on Nov. 10, 2022. Arnd Wiegmann | Reuters 2023 will be “the year of inflection” for the global economy, said UBS CEO Ralph Hamers on the sidelines of the World Economic Forum …

Fog shrouds the Canary Wharf business district including global financial institutions Citigroup Inc., State Street Corp., Barclays Plc, HSBC Holdings Plc and the commercial office block No. 1 Canada Square, on the Isle of Dogs on November 05, 2020 in London, England. Dan Kitwood | Getty Images News | Getty …

A tai chi session in Nantong, East China’s Jiangsu province, on Oct. 23, 2022. The nation’s economy grew 3% for the full year of 2022 — the second-slowest growth rate it has seen since 1976. Future Publishing | Future Publishing | Getty Images China may have marked one of the …