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Global art sales saw a decline of 4% last year, totaling around $65 billion, as ultra-wealthy buyers exercised more caution, revealed the Art Market Report released by Swiss bank UBS on Thursday, October 24. The UBS wealth management team, which advises clients on art acquisitions but refrains from classifying these...

Microsoft awarded CEO Satya Nadella a substantial pay increase for the 2024 fiscal year, bringing his total compensation to $79.1 million, a significant rise from $48.5 million the previous year. However, the package would have been $5.5 million higher if not for recent cybersecurity breaches. The board’s compensation committee reported...

After two decades with JCDecaux Australia and New Zealand, Steve O’Connor will be stepping down as CEO at the end of 2024. The company announced that Chief Commercial Officer Max Eburne and Chief Financial Officer David Watkins will take over as co-CEOs, effective January 1, 2025. Jean-François Decaux, Co-Chief Executive...

Ajay Jadeja, the former Indian cricketer, has recently been named the successor to the Royal Throne of Jamnagar, a title that significantly boosts his financial standing. With his new position, his net worth has reportedly surged to INR 1,450 crores, placing him among the wealthiest individuals in India. Jadeja now...

The mirror is a powerful image. The wicked queen of Snow White and the Seven Dwarves first learns of Snow White’s beauty by peering into a magic mirror. In Bram Stoker’s Dracula, Jonathan Harker’s fateful look into a mirror is his first sign that he is among something supernatural, and the...

In 2023, women entrepreneurs are reshaping the global business landscape, with 43% of startups worldwide founded by women, according to Techreport. This surge in female entrepreneurship drives economic growth, breaks traditional barriers, and redefines leadership across industries. However, such successful ventures remain relatively rare in today's volatile world. To explore...

Arch Capital Group Ltd., the Bermuda-based re/insurer, has announced that Nicolas Papadopoulo has been appointed as the new Chief Executive Officer and has also joined the company's board of directors, effective immediately. Papadopoulo, who has served as Arch’s President and Chief Underwriting Officer (CUO) since 2021, has held various leadership...

In 2024, female CEOs at large U.S. public companies surpassed their male counterparts in earnings, with median compensation for women in the S&P 500 reaching $16.4 million, compared to $15.6 million for men. Despite this pay gap in favor of women, the overall representation of female CEOs remains low, as...

In the fast-paced world of leadership, where every decision impacts not just the bottom line but also the lives and well-being of hundreds or even thousands of people, one silent threat looms larger than most: unspoken and unacknowledged stress. It's the pressure that comes with the territory - the long...

From a very young age, we’re taught about the value of fairness. Growing up, my mum’s value for fairness ensured that my sister and I always had an equal amount of money spent on us for our birthdays, whether it was giving us money, a helping hand for a home...