The world's political and business leaders have converged on the Swiss resort town of Davos to discuss global challenges. Leaders from China, Ukraine and Germany are taking the stage on day one. Follow DW for more.

The European Union is working on a proposal for bloc-wide purchase incentives for electric vehicles to support the bloc’s struggling automakers, German Chancellor Olaf Scholz said Tuesday.Speaking at the World Economic Forum in Davos one day after US President Donald Trump took office,

US billionaire Elon Musk called the chancellor of Germany "Oaf Schitz" on his social media platform X on Tuesday, responding to a video of the leader's comments on free speech at the World Economic Forum in Davos.

Chancellor Olaf Scholz voiced cautious optimism on Tuesday on the potential for German-U.S. relations under President Donald Trump, citing good first talks with his administration, and stressed that cooperation was key for peace and prosperity.

Chancellor Olaf Scholz expressed cautious optimism regarding Germany's relations with the U.S. under President Trump, highlighting positive initial discussions. He emphasized the importance of cooperation for global peace and economic progress but acknowledged the need for European self-reliance amidst potential turbulence and tariff threats.

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German Chancellor Olaf Scholz has said his government would do its best to support Bangladesh in its transition to

BAKU, Azerbaijan, January 21. We need a European arms industry which is able to develop major projects together as it is already done in the field of battle tanks and fighter jets, Olaf Scholz, Federal Chancellor of Germany, said in his special address during the World Economic Forum in Davos, Trend reports.