In the high-stakes world of corporate leadership, traditional incentives like cash bonuses and stock options are losing their lustre. A recent study conducted by researchers at Carnegie Mellon University and Seoul National
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
In the landmark U.S. antitrust case against Google, CEO Sundar Pichai testified in defence of the company’s practice of paying Apple and other tech firms to have Google as the default search
Elon Musk, the owner of X (formerly known as Twitter), is known for his outspoken comments and he recently took a jab at Mark Zuckerberg, the CEO of Meta. Musk mocked Zuckerberg
Francesca Carlesi, a seasoned financial professional with a PhD in banking and finance, has assumed the role of CEO for Revolut’s UK division. Revolut, recognised as the UK’s most valuable start-up with
The GCC Board Directors Institute (GCC BDI), a not-for-profit organisation dedicated to supporting board directors, has entered into a three-year partnership agreement with Nesma and Partners Contracting Company Ltd. (N&P), a prominent
Tax evasion by multinational corporations has become a contentious issue of global concern. In 2022, a substantial $1 trillion in profits was reportedly stashed in tax havens by major companies, comprising around
Wells Fargo & Co. has unveiled a series of strategic appointments aimed at enhancing its investment banking sector. These moves are part of the San Francisco-based lender’s broader strategy to solidify its