The world’s political and business elite present in Davos on Wednesday faced an uncompromising address from UN chief António Guterres as he rounded on a lack of multilateral collaboration in an “increasingly rudderless world” at risk from two existential dangers: climate change and unregulated Artificial Intelligence (AI).

Welcome to CNBC’s live blog covering all the latest news, views and action on day 3 of the World Economic Forum in Davos, Switzerland.

Even when Donald Trump wasn't in the room or even the main theme, the US president kept coming up again Wednesday at the gabfest of global elites in the Swiss resort of Davos.

Guterres highlights escalating global conflicts, climate crisis, artificial intelligence risks in speech, urging leaders to act decisively to address humanity's most pressing challenges

The party scene may be in full swing, but the mood is far from festive as some big political hitters reacted to the head-spinning news coming from Washington following Donald Trump’s inauguration.

The world's political and business elite present in Davos on Wednesday faced an uncompromising address from UN chief António Guterres as he rounded on

UN Secretary-General Antonio Guterres speaks during the World Economic Forum Annual Meeting in Davos S

DAVOS, Switzerland - Iran must make a first step towards improving relations with countries in the region and the United States by making it clear it does not aim to develop nuclear weapons, U.N. Secretary-General Antonio Guterres said on Wednesday.

The UN Secretary-General António Guterres addresses the World Economic Forum in Davos, Switzerland. He urged governments and corporate leaders to 'stay on the right side of history' on climate action.

ERBIL, Kurdistan Region - Kurdistan Region Prime Minister Masrour Barzani on Wednesday held another round of meetings with top officials from various countries on the sidelines of the World Economic Forum in Davos.

Bangladesh today sought support from foreign friends to bring back hundreds of billions of stolen money as Chief Adviser