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Norwegian vessel owner DOF has expanded its presence in Australia with two contract awards and a charter extension. These developments, detailed in the latest Oslo stock exchange reports, contribute to DOF's backlog of work and enhance fleet utilization for 2024 and 2025. One of the newly secured contracts is for...

Exscientia, a leading artificial intelligence drug discovery company, revealed on Tuesday that founder and CEO Andrew Hopkins has been terminated from his position following an investigation into his involvement in relationships with two employees. The termination, effective immediately and for cause, comes after an inquiry concluded that Hopkins' conduct was...

Lyft experienced significant stock volatility in extended trading on Tuesday, initially soaring before retracting following the acknowledgment of a major error during the company's earnings call by Chief Financial Officer Erin Brewer. Revenue met expectations at $1.22 billion. Brewer clarified that the press release had misstated the margin expansion for...

As of February 13, 2024, Gianluigi Aponte was the wealthiest person in Switzerland, with an estimated net worth of 29.3  billion U.S. dollars, followed by Rafaela Aponte- Diamant (No. 2, $29.3 billion), Ernesto Bertarelli (No. 3, $9.5 billion); and Ivan Glasenberg (No. 4, $8.1 billion). Guillaume Pousaz is the fifth-richest person...

As of February 13, 2024, James Ratcliffe was the wealthiest person in the United Kingdom, with an estimated net worth of 20.2 billion U.S. dollars, followed by Michael Platt (No. 2, $16.0 billion), James Dyson (No. 4, $9.7 billion) and Alexander Gerko (No. 3, $8.1 billion). Denise Coates is the fifth-richest person...

As the calendar inches closer to the $20 million Saudi Cup (G1) on Feb. 24 at King Abdulaziz Racecourse, all eyes turn towards Señor Buscador, a seasoned competitor in the world of horse racing. With a lineage tracing back to the illustrious Mineshaft and a string of impressive victories under...

Frauscher Sensor Technology, a leading Austria-based provider of axle counting and wheel detection systems, has appointed Alexander P. Knourek as its Chief Financial Officer. As CFO, Knourek will spearhead all financial functions at Frauscher Sensor Technology, including budgeting, forecasting, financial reporting, and strategic financial planning. With over 15 years of...

Sisse Fjelsted Rasmussen, Chief Financial Officer of Stark Group, has announced her decision to step down later this year to pursue a new career path as a board member and advisor. Stark Group, a prominent business-to-business merchant and distributor of heavy building materials in Europe, maintains a strategic focus on...

Oleg Jelesko: Building a Career in Finance: Oleg Jelesko, whose professional interests have been tied to international market investments for over 20 years, has an impressive professional background in consulting and investment banking. Name: Oleg Zhelezko​ · Zhelezko Oleg ・ Oleg Jelesko​ ・ Jelesko Oleg ・ Oleg Jelesko Da Vinci Capital​...

In the fast-paced world of business, corporate managers and CEOs often find themselves making crucial decisions based on data and analysis. Despite these objective tools, there is an insidious phenomenon that can deceive even the most experienced business leaders, and that is survivor bias (or survivorship bias). This concept, if...