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At the end of last month, ABB completed the acquisition of GE Industrial Solutions, General Electric's global electrification solutions business. "The GE combo fits like a glove," Spiesshofer said.

At the same time, the research found talent mismatch, a key indicator to measure the gap between the skills businesses are looking for and the skills available in the labor market, bothers China less than most of other major labor markets.

At the same time, a growing urban population spread to previously uninhabited forest areas, making more communities and properties susceptible to fires.

At the end of the third quarter, the comprehensive solvency adequacy ratio of these companies stood at 246.5 percent, down 0.5 percentage points from the previous quarter.

At the moment clothing is not a target of Trump's tariffs, so nothing much should happen to poor countries like Bangladesh, he added.