Swiss group ABB's CEO becomes latest boss to skip Saudi conference

ZURICH (Reuters) - ABB Chief Executive Ulrich Spiesshofer will not attend an investment conference in Saudi Arabia next week, the Swiss engineering group said on Friday.

Spiesshofer joins other world business and political leaders who have withdrawn amid concern about a journalist's fate. ABB did not give a reason for his decision.

The list of senior executives who have canceled attendance at Riyadh's Future Investment Initiative conference is growing, with Airbus defense chief Dirk Hoke and Deutsche Bank's CEO Christian Sewing also dropping out following Saudi journalist Jamal Khashoggi's disappearance.

Reporting by John Revill, writing by John Miller, editing by Michael Shields

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

Gold and silver price ETFs see major net outflows

Gold stocks decline by less than metal price

A shift to the later stages of gold and silver bull markets

Gold stocks plunge on metal drop

Gold stocks still up after pullback late in the week