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Banking and FinanceSpecial Reports

Global Energy Transition Progress Faces Economic Challenges

The World Economic Forum's 2024 Fostering Effective Energy Transition report highlights record highs in Energy Transition Index (ETI) scores worldwide. Despite this, economic instability, geopolitical tensions, and technological changes have decelerated the transition. The report, created in collaboration with Accenture, indicates that out of 120 countries surveyed, 107 have advanced...
CEO SpotlightMoney and Wealth

Chanel’s Billionaire Owners Reap Massive Dividends, Boost Wealth and Diversification

Over the past three years, the billionaire Wertheimer family, owners of the luxury brand Chanel, have accumulated $12.4 billion in dividends, significantly boosting their personal wealth and supporting their diversification efforts beyond high fashion. Meanwhile, Chanel recently announced the departure of Virginie Viard, the artistic director who had been with...
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