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The board of directors at Swedish textile recycling company Renewcell has decided to remove CEO Patrik Lundström due to significantly lower-than-expected sales of the company's Circulose pulp. They have appointed a new acting CEO to replace him. Magnus Håkansson, who most recently served as the CEO of electronics retailer MediaMarkt...

There's an ongoing debate about the relevance of feminism in today's world, yet the data is clear: there's still a great need for gender equality. Although some advances have been made regarding voting rights and education, women still face discrimination and violence. Feminism is a movement that strives to eliminate...

A week after Qantas Chairman Richard Goyder revealed his early retirement plans, Olivia Wirth, a former contender for the role of Qantas CEO and the head of Qantas' loyalty division, has announced her departure from the airline, set for next year. Wirth has served as the CEO of Qantas Loyalty,...

Globalization has been a pervasive force, creating a single global community. It involves the transfer of goods, capital, people, and ideas around the world, encouraging economic ties between countries. Although globalization is usually discussed nationally, its effects are notably strong in urban areas. Cities, as the main centers of communication...

Dollar General has brought back its former chief executive in an effort to revitalize its business. On Thursday, the discount chain announced the reinstatement of Todd Vasos as CEO, replacing Jeff Owen. Vasos had previously held the position for seven years before retiring in 2022. This leadership change is effective...

According to an announcement by Ally Financial Inc. (NYSE: ALLY), Jeffrey J. Brown will step down early next year from his role as Chief Executive Officer and as a member of Ally's Board of Directors, a position he has held since 2015. The Board has initiated a search for a...

Gina Rinehart, an Australian billionaire, has acquired 19.9% of Liontown Resources, a lithium miner, which may obstruct Albemarle's plan to buy the company for $4.3 billion. Since Albemarle Corp made a proposition for Liontown Resources in September, her company Hancock Prospecting, has been incrementally increasing their stake. Gina Rinehart would...

Hengyuan Refining Co Bhd has named Yin Lujiang as its new Chief Executive Officer. According to a filing with Bursa Malaysia, the petroleum product refiner and manufacturer announced that Yin will take over the position previously held by Zulhazmi Mohamad. Zulhazmi Mohamad has concluded his duties as the acting CEO...

Vanuatu's Development Support Programme (DSP) offers the opportunity to apply for CBI. Tourists, mainly from Australia and New Zealand, are a major contributor to Vanuatu's GDP. China is boosting its involvement in Vanuatu, mainly through investments and loans. Vanuatu provides one of the most expeditious ways of obtaining citizenship through...

Ascot Group, the insurance firm, has appointed Mark Wilcox as its new Group Chief Financial Officer, effective from November 8, 2023. He will report to the Group CEO and President, Jonathan Zaffino. Mark Wilcox comes to Ascot from Selective Insurance Group, where he held the position of Executive Vice President...