World Economic Forum founder Klaus Schwab did not "admit" that the wildfires in California were manmade, contrary to social media posts saying the disaster was purposely created to raze Los Angeles and rebuild it as a so-called Smart City or 15-minute city.

Mystery surrounds property developer Edoardo Mapelli Mozzi's social media presence in Switzerland after he shared Instagram posts about a hotel project in the Alps, whilst his wife Princess Beatrice was notably absent from the World Economic Forum in Davos.

We are closing our live coverage of the 2025 Word Economic Forum in Davos. Goodbye. Al Hassaina Mosque on December 3, 2021, and the mosque after its destruction in an Israeli strike during the war, in Gaza City, January 22, 2025. REUTERS/Mohammed Salem/Mahmoud Al-Basos

Business Insider's diary takes you behind the scenes on day three of the World Economic Forum in Davos.

U.S. President Trump is to speak to an international audience for the first time after returning into the White House with a speech and Q&A by video conference to the World Economic Forum’s annual event in Davos on Thursday.

The World Economic Forum, colloquially called "Davos" after the location at which it's hosted in the Swiss mountains, is a yearly meeting of elites.