The year 2023 has witnessed a significant reshuffle in the tech and financial technology (FinTech) landscape, as several prominent CEOs have stepped down from their leadership positions. These departures have left many
Walgreens Boots Alliance is undergoing a workforce reduction, with 267 corporate employees, accounting for 5% of the corporate workforce, facing layoffs. The decision is part of the company’s efforts to streamline operations
A new report from the independent data consortium Net Zero Tracker has revealed that nearly half of all major listed companies have set net-zero targets, but only 4 percent of them meet
stc Group, a key player in digital transformation, has announced an expansion of its strategic partnership with Microsoft to drive digitisation and innovation in Saudi Arabia. This collaboration will involve the joint
Canadian Tire Corp. Ltd. has announced plans to reduce its corporate workforce by approximately three percent in response to a decline in consumer demand. The retailer disclosed the job cuts in its
Kuwait is gearing up for a significant tax system overhaul as part of its bid to join the OECD/G20 Inclusive Framework on base erosion and profit shifting (BEPS). The move comes as
Swedish fintech firm Klarna has announced the establishment of a U.K. holding company, marking a pivotal move towards its highly anticipated initial public offering (IPO). This strategic decision is part of a
Chinese property stocks experienced a notable surge in value, while Ping An Insurance Group shares took a significant hit, reaching a one-year low on Wednesday. These developments were prompted by a Reuters
Whitney Wolfe Herd, the founder and CEO of the dating app Bumble, is set to step down from her position early next year. Bumble is known for its approach of requiring women
Barclays Plc has reportedly hired Jiongting Lim, an investment banker from Deutsche Bank AG, to lead its client coverage in Singapore. Lim, who had joined Deutsche Bank in 2020 as a director
PayPal’s new CEO, Alex Chriss, has outlined his priorities for transforming the digital payments company into a more profitable growth enterprise. Taking over the role just weeks ago, Chriss acknowledged the challenges
