Optimism booms among CEOs in Davos

DAVOS: Chief executives are more optimistic about the economic outlook than they have been for many years although anxieties are rising about geopolitics, cyber threats and terrorism, a survey showed on the eve of the World Economic Forum (WEF) in Davos.

The PwC survey of nearly 1,300 CEOs found that 57 per cent expect global growth to improve in 2018, almost twice the level of last year and the largest increase since the survey began in 2012.