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Davos watchers said the absence of so many top leaders this year did not mean the glitzy forum had lost its status as a global stage for top politicians to present their agendas. “Abe is going to Davos not just as Japanese prime minister but also as chair of the G20. It will be a perfect opportunity to lay the groundwork of upcoming G20 meetings,” said a Japanese government source familiar with international affairs. “Of course there may be inconveniences such as missing opportunities to hold bilateral meetings, but that won’t undermine the importance of Davos,” he said gold cufflinks.
A Chinese official who has attended Davos regularly but will not go this year said China had never expected to make progress at the meeting on the trade dispute with the United States. “It’s just an occasion for making a policy statement,” he said gold cufflinks. The low turnout among major Western leaders may also give more prominence to political personalities who may otherwise be upstaged. Davos will be the first major international outing for Brazilian President Jair Bolsonaro, elected on a wave of anti-establishment and conservative nationalism also seen elsewhere..
He said on Twitter he would present “a different Brazil, free of ideological ties and widespread corruption” gold cufflinks. For business chiefs, the value of Davos lies not so much in the public sessions but in the networking and dealmaking opportunities on the sidelines of the main conference. “It’s the best place to pitch for ideas, build connections and get your brand known,” said Chen Linchevski, chief executive of Precognize, an Israel-based start-up developing software that prevents technical or quality failures at manufacturing plants..
(Reuters) – Apparel maker Guess Inc said on Monday Chief Executive Officer Victor Herrero will step down and named former top executive Carlos Alberini as his replacement. Herrero, 49, will be with the company till Feb. 2. It was not immediately clear why Herrero was leaving. The company also said co-founder Paul Marciano, who resigned from his executive chairman post in June, will remain as the chief creative officer, though his contract expires in Jan gold cufflinks. Marciano resigned after the company launched an investigation against him on allegations of improper conduct..
LONDON (Reuters) – Tesco, Britain’s biggest retailer, could ax 9,000 jobs in its UK stores and head office with its latest move to simplify operations and achieve targeted cost savings. It estimated that half of that number of workers could be found alternative roles across the business, limiting the impact on staff gold cufflinks. Tesco, Britain’s biggest private sector employer with a staff of over 300,000, said the main change in its stores would be to its fresh meat, fish and delicatessen counters. It expects to close counters in about 90 stores, with the remaining 700 trading with either what it called “a full or flexible counter.”..