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A newly released report from Global SWF on October 8, 2024, revealed that Abu Dhabi holds the title of the richest city globally in terms of sovereign wealth fund (SWF) assets, managing a staggering $1.7 trillion. The ranking, based on data and analysis from industry experts, highlighted the significant capital...

Among the 100 richest people in the United States, three sports billionaires have made their mark, with NBA legend Michael Jordan standing out as the only athlete to appear on the list of the wealthiest individuals in the country. Stanley Kroenke, a powerhouse in both sports and real estate, ranks...

October is a key month for bringing attention to both Blindness Awareness and Disability Employment Awareness, two causes that bring attention to the ongoing employment challenges faced by millions of individuals. The statistics remain sobering: in 2022, the employment rate for people with disabilities in the U.S. was 21.3%, compared...

Wilhelmsen Ship Management has announced the retirement of Carl Schou after nearly two decades of service, including 16 years as CEO. Schou’s tenure was marked by the company’s navigation through industry challenges, with a focus on safety, innovation, and growth. Haakon Lenz, the current Chief Operating Officer, is set to...

Nvidia’s artificial intelligence (AI) chips are seeing unprecedented demand, according to CEO Jensen Huang, who characterized the surge as overwhelming during a recent televised appearance. Huang's remarks came during an interview, where he discussed Nvidia's extended collaboration with IT consulting giant Accenture. The two companies announced a joint effort to...

In a rapidly evolving work environment, artificial intelligence, and especially generative artificial intelligence, is no longer a distant concept but an essential player in reshaping industries. Nick Smith, CEO and Founder of Sailes, emphasizes the importance of AI as a partner, not a replacement for human labor. His insights offer...

The cooling market in developing economies is projected to grow from approximately USD 300 billion annually to over USD 600 billion by 2050, according to a report released today by the UN Environment Programme (UNEP)-led Cool Coalition and the International Finance Corporation (IFC). The report indicates that Africa will see...

Oil prices took a downturn on Thursday, reversing earlier gains, after reports surfaced that Saudi Arabia, the leading global crude exporter, was preparing to ease its focus on maintaining a price target, setting the stage for an increase in production. By mid-morning, Brent crude had declined by $1.27, or 1.7%,...

As a CEO, you’re no stranger to the pressure to maintain a high-performance environment. However, emotional resilience is a crucial component of leadership that often gets overlooked when pursuing success. In today’s fast-paced, high-stakes corporate world, ensuring your team is emotionally resilient is just as important as meeting financial targets. It’s...

Traditional hierarchical structures are becoming obsolete in today’s fast-paced work environment, with their limitations in fostering innovation, quick decision-making, and employee engagement. Embracing peer networking as a modern management approach empowers employees, bridges the gap between leadership and operations, and unlocks the collective potential of teams. By transitioning to more...