Banking and Finance

Ebusco's Supervisory Board has announced the appointment of Christian Schreyer as the new CEO as part of the company’s turnaround strategy. The decision followed an internal review, which concluded that the organization should be led by a single CEO with proven experience in public transport management. Founders Peter Bijvelds and...

OKX, a prominent global cryptocurrency exchange and Web3 technology firm, has announced that its Singapore-based entity, OKX SG Pte. Ltd. (OKX SG), has obtained a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). Alongside this milestone, the company has appointed Gracie Lin as CEO of OKX...

Nikola Corporation announced on Tuesday the appointment of Tom Schmitt, the former CEO of Forward Air, as its new Chief Commercial Officer. In his new role, Schmitt will be responsible for overseeing sales, commercial operations, dealership relations, customer service, marketing, and customer success functions. Additionally, he will play a key...

Authorities in Bosnia and Herzegovina have revoked the work visas of 39 Pakistani nationals, while the work visas of 14 Bangladeshi citizens are still under review. The Service for Foreigners’ Affairs (SFA) of Bosnia and Herzegovina announced that these individuals used their work permits, which were issued after they entered...

The World Economic Forum (WEF) has outlined four key strategies for the Middle East and North Africa (MENA) to build intelligent economies amid a rapidly evolving global landscape. The WEF report highlights that the MENA region faces several economic challenges that could be addressed by leveraging digital technologies. The report...

Whether Donald Trump will become the next Republican President of the United States remains uncertain. If he secures the presidency, which seems probable, the implications for China's future international landscape are worth considering. A notable observation is that Trumpism, particularly in its approach to China, centers on economic populism. This...

The Third Plenum of the Chinese Communist Party has outlined the strategic framework for reform, setting forth key directions and principles. However, the ultimate success of these reforms will depend on the specifics of the reform plans and their effective implementation. It is crucial for the Chinese authorities to recognize...

The world is very much at the tail end of the Covid-19 pandemic. Business optimism is high (regardless of what you hear in the media), organisations are growing, and candidates are back to being active in the market and looking for new opportunities. There has definitely been a cultural shift...

Polestar is set to replace its long-serving CEO, Thomas Ingenlath, with Michael Lohscheller, a seasoned automotive executive with experience leading Opel, VinFast, and Nikola. This leadership change comes as Polestar strives to address ongoing challenges, including delayed model launches, missed delivery targets, and a gradual separation from its co-founder, Volvo...

In 1975, Zhou Enlai, the first premier of the People’s Republic of China, proudly declared in his final public address that the country was debt-free, boasting a balanced budget amidst global economic instability. Nearly 50 years later, while China’s central government debt remains modest at around 24% of GDP, local...