President Donald Trump spoke virtually to the World Economic Forum and touted his tax cut and tariff plans while calling for global businesses to make their products in America.

U.S. President Donald Trump told business leaders gathered at the World Economic Forum in Davos, Switzerland, on Thursday that he is working to reverse inflation and illegal immigration while boosting fossil fuels production in the United States.

U.S. President Donald Trump is pushing a plan to explicitly use revenue from higher tariffs on imported goods to help pay for extending trillions of dollars in tax cuts, an unprecedented shift likely to face opposition from many of his fellow Republicans in Congress.

A big reduction in the capital gains tax will both turbocharge the economy and provide more revenue for Uncle Sam.

Hot off an Inauguration Day flush with tech billionaires, President Trump dove straight into the job by signing a vertiginous number of executive orders. He made history his first day back in office,

Even presidential powers have their limits - and in some cases, Trump faces hurdles before his plans can become reality.

British supermarket group Sainsbury's said on Thursday it was proposing to reduce its headcount by over 3,000 roles as it seeks savings to counter a "particularly challenging cost environment".

The grocer said the layoffs are part of a simplification of its central divisions and management structures, and include a 20% reduction of senior management roles.