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Hybe has appointed its current Chief Strategy Officer, Jason Jaesang Lee, as the next CEO, succeeding Park Jiwon, who led the company for the past three years. Park’s resignation marks a significant shift in the Korean entertainment industry. Hybe emphasized Lee’s extensive expertise in strategic planning and operations, both domestically...

To state the obvious, a surefire way to improve productivity and employee engagement is the holy grail all companies are looking for. At a conceptual level, the need to improve productivity and engagement seems so simple, blatantly obvious and easily achievable. After all, as human beings we have been programmed...

As of January 2024, internet connectivity in Latin America and the Caribbean has seen remarkable growth, with over 90% of residents in the Bahamas, Costa Rica, Antigua & Barbuda, and Chile being online, placing these countries at the forefront of internet access in the region. Similarly, more than 85% of...

Battery-electric car registrations in the European Union fell by 1% last month, totaling 156,408 units, according to the European Automobile Manufacturers' Association (ACEA). This decline resulted in a market share drop from 15.1% to 14.4% compared to the same period last year. Despite the overall decline, several countries reported significant...

Cross-border payments are gaining significance in international economies. According to the 2024 Financial Services Consumer Survey by GlobalData, around 63% of global consumers use international real-time payments (RTPs) to send money to family and friends, while 51% use them to pay for goods and services. The G20 has laid out...

The development of offshore wind energy along the U.S. East Coast has led to a surge in port investments, with the Oceantic Network reporting $4 billion in new projects. These investments are creating thousands of jobs in building significant infrastructure. The Oceantic Network has identified 25 U.S. ports actively involved...

Thinking that a vacation will lead to a restful and enjoyable time is a logical assumption and research supports it . Effects of a respite from work on burnout: Vacation relief and fade-out. We also tend to assume that the state of relaxation, detachment from work and recovery will stay...

The World Bank's latest Global Economic Prospects report forecasts that the global economy will stabilize in 2024 for the first time in three years, though growth remains weak compared to recent historical standards. Global growth is expected to hold steady at 2.6% in 2024, increasing slightly to an average of...

By 2025, reaching the top 2% of wealth in the United States will require a net worth of around $2.7 million, signifying an elite economic status. In contrast, a recent Schwab Modern Wealth Survey indicated that Americans generally consider $2.2 million as the threshold for feeling wealthy. Net worth, a...

The 2024 ranking of the world's largest economies by Gross Domestic Product (GDP) reveals some intriguing insights into global economic dynamics. The United States retained its position as the world's leading economy, boasting a GDP of $28.78 trillion. This dominance is underpinned by advancements in technology, robust consumer spending, and a...