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Banking and FinanceExecutive Insider

Equip Super and TelstraSuper in Talks to Create $41 Billion Pension Fund

Australian pension funds Equip Super and TelstraSuper are in discussions to merge, potentially forming a $41 billion fund. This move marks another consolidation among smaller players in the pension industry. According to a statement released Wednesday, the boards of both funds have signed a non-binding memorandum of understanding to move...
Banking and FinanceCEO Opinions

Dollarama Sees Surge in Sales as Economic Pressures Draw New Customers

Dollarama (DOL.TO) shares surged over 8% on Wednesday, driven by a boost in sales from budget-conscious shoppers purchasing household essentials. CEO Neil Rossy noted that the challenging economic climate is also attracting wealthier customers who typically wouldn't shop at the discount retailer's stores. Montreal-based company reported a 4.7% increase in...
Banking and FinanceSuccess and Leadership

Kelly Zong, the daughter of the Late Chinese Billionaire Zong Qinghou, Takes Over as CEO of the Wahaha Group

Kelly Zong, also known as Zong Fuli, the daughter of the late Chinese billionaire Zong Qinghou, has officially assumed control of Hangzhou-based beverage giant Wahaha Group, according to a local business registration system. The Qichacha business registration platform confirms that Zong is now the company's chairman and CEO and has...
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