DAVOS, Switzerland — The confidence of global business leaders about their company’s growth prospects in the next 12 months is down from 2012, heavily influenced by uncertainty over the prospects for the world economy, a survey of 1,330 chief executive officers from 68 countries conducted by PricewaterhouseCoopers International found.
The study also revealed that ceo’s plan to continue slashing costs and to increase the focus on their customers. For 2013, 36 percent of the ceo’s polled were “very confident” about their firm’s growth prospects, down from 40 percent last year, said the survey, released here on the eve of the opening of the annual World Economic Forum.
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"