Special Reports

Bank executives are eager to integrate generative AI into their operations to stay competitive, but they face resistance from employees, according to a global study by IBM. The study reveals that 60% of banking and financial markets chief executives are accelerating AI adoption faster than their employees are comfortable with....

A forthcoming Bentley University-Gallup poll reveals that 83% of Americans believe it is crucial for businesses to minimize the pay gap between CEOs and average employees, with 56% considering the issue "extremely important." However, only 13% feel that companies are currently doing a good job in this regard, and 66%...

Peaceful societies enjoy not only higher income growth and stronger currencies but also greater political stability and increased happiness among their citizens. These societies also attract higher levels of foreign investment. The economic toll of violence on the global economy is staggering: in 2023, it amounted to $19.1 trillion in...

The Gender Gap Index, now in its 18th edition, evaluates 146 countries. The global gender gap in 2024 stands at 68.6%, showing a marginal improvement of 0.1 percentage points from the previous year. The slow pace of progress suggests that achieving full parity will take 134 years or approximately five...

Baby boomers are expected to significantly influence crypto markets indirectly through a major intergenerational wealth transfer. This shift is anticipated to funnel substantial funds into the hands of younger, crypto-savvy generations. Additionally, baby boomers may begin investing in digital assets themselves following the U.S. Securities and Exchange Commission's recent approval...

A recent report by Altrata forecasts a significant wealth transfer among the global elite over the next decade. According to the Family Wealth Transfer 2024 report, over 1.2 million affluent individuals are expected to transfer a staggering $31 trillion by 2033. This amount surpasses the GDP of the United States...

In today's competitive market, American businesses must continuously and comprehensively transform to avoid falling behind. Recent insights from PwC's Pulse Survey reveal that business leaders are aware of the stakes and feel equipped for necessary reinvention. However, the survey data highlight significant concerns. While there is broad agreement on company...

Executive compensation has seen a substantial increase over the past year, according to a survey by the Governance Institute of Australia (GIA). Data from McGuirk Management Consultants for GIA revealed that CEOs of ASX-listed companies experienced an average base pay rise of 14%, while managing directors received an 11 percent...

In May, the Iberian market lost its title as the region with the lowest electricity costs to France, a position it had held for three consecutive months, according to ALeasSoft Energy Forecasting. Despite record-high solar energy production, wind energy output declined in most countries during this period. Electricity prices across...

As of June 1, 2024, European gas storage facilities were over 70% full, marking the second-highest level recorded for this time of year, according to the AGSI platform. However, despite this healthy storage level, the European gas market remains highly sensitive to various influencing factors. In May 2024, Russian gas...