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Mitsubishi UFJ Financial Group Inc. (MUFG), Japan's largest banking group, announced that its top executives would take pay cuts in an effort to regain client trust after breaching information firewalls. The move comes as part of the bank's response to regulatory penalties and lost business resulting from the violations. Hironori...

In the second quarter of 2024, Malaysian businesses showcased a generally positive outlook, as indicated by the RAM-CTOS Business Confidence Index (BCI) survey. Recent data from RAM Holdings Bhd and CTOS Digital Bhd revealed a BCI of 54, a slight increase from 53.4 in the same quarter last year, marking...

A perfect spot near the Cypriot southern coast, almost three times the size of Buskett Gardens in Malta, is being transformed into a luxury golf resort known as Limassol Greens. This ambitious project is a collaboration between some of Malta's wealthiest businessmen and one of Cyprus's largest development companies. Alec...

In her new book, author and mother of two entrepreneurs, Margot Machol Bisnow, reveals what she learned from interviewing 70 of today’s thriving entrepreneurs and their parents.  She came away with the realization that the distinct way these parents raised their children contributed significantly to their success as entrepreneurs. Machol Bisnow...

Eric Grégoire has been appointed as the new CEO of Scandlines, effective July 8. The executive management team now includes CEO Eric Grégoire, COO Michael Guldmann Jensen, and CFO Mikael Koch. Grégoire previously served as CEO of Goodpack in Singapore and has a notable history in business process improvements with...

Bitfarms has announced the appointment of Ben Gagnon as its new Chief Executive Officer, signaling a strategic shift aimed at diversifying its operations beyond Bitcoin mining. Previously serving as Chief Mining Officer, Gagnon has been instrumental in Bitfarms' ascent within the Bitcoin mining sector. With his comprehensive experience, he is...

In 2022, Spain experienced a notable increase in high-earning taxpayers thanks to robust corporate profits, a thriving economy, and strong employment figures. The number of individuals with an annual declared income exceeding $646,000 surged by 25% compared to the previous year, reaching a record 15,186. This represents the highest number...

The latest global wealth data from Credit Suisse Group AG reveals a striking concentration of wealth in India, where the richest 1% now controls 58.4% of the nation's wealth. This annual report, published by the Zurich-based financial services company since 2010, highlights a significant increase from last year's 53%. Over...

Employee engagement is the holy grail that almost all employers are searching for in order to have a more productive workforce, deliver meaningful outcomes, create a happier workplace and, as a result, deliver a better bottom line. Sadly, the statistics aren’t great. If we look at 2022 data from Gallup...

A report by C-Suite Comp, a firm specializing in tracking leader pay, indicates that some CEOs at smaller tech and financial firms are surpassing the compensation levels of executives at Fortune 500 giants like Apple and Blackstone. Nikesh Arora, CEO of Palo Alto Networks, stands out among these high earners....