UK urges west to use frozen Russian assets to rebuild Ukraine’s economy Foreign secretary says there are legal, moral and political justifications for using assets of $350bn
Tax our wealth, super-rich tell politicians at Davos Abigail Disney, Brian Cox and Valerie Rockefeller among signatories of open letter condemning inequality
Davos day one: Volodymyr Zelenskiy rallies support for Ukraine after ‘upbeat’ meeting with CEOs – as it happened Rolling coverage of the opening day of the World Economic Forum in Davos
Zelenskiy tells Davos chiefs: ‘Strengthen our economy, we will strengthen your security’ Standing ovation greets Ukrainian president’s speech amid strong support from EU and business leaders
Geopolitical tensions and AI dominate start of World Economic Forum Ukraine, Middle East and Taiwan overshadow annual meeting at Davos, with artificial intelligence also high on agenda
More men than women joined boards of Europe’s top financial service firms last year Firms risk falling short of EU’s plans to impose mandatory quotas for women in corporate boardrooms
Germany on track for two-year recession as economy shrinks in 2023 ‘Multiple crises’ contributed to 0.3% fall in GDP, says national statistics office
Oil prices hit $80 a barrel as fears grow over Red Sea disruption to trade Experts warn of economic impact of sustained shipping attacks and Middle East tensions
Tesla pauses German production after Red Sea shipping attacks Delays in delivery of parts result in suspension of manufacturing at factory near Berlin for two weeks
Adopting rightwing policies ‘does not help centre-left win votes’ Study of European electoral data suggests social democratic parties alienate supporters by moving towards the political centre
Greenland startup begins shipping glacier ice to cocktail bars in the UAE Arctic Ice argues its rare, pure product can be part of Greenland’s green transition and greater independence
EU announces €4bn state aid to back battery and green tech factories Support aims to stop production being lured overseas with promise of bigger foreign subsidies
Morgan Stanley and Allen & Overy helping oligarch’s efforts to seize Russian oil firm Exclusive: Sergey Kolesnikov has supplied building materials to Russian military and for use in occupied Ukraine
Brexit’s pint-sized ‘benefits’ are a measure of its failure Wine in imperial measures, we are told, is ‘what leaving was all about’, while the UK struggles outside the single market
Money, money, money: Abba’s Benny and Björn share in £900,000 payout Swedish music stars profit from blockbuster year for Mamma Mia! production company Littlestar Services