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Money and Wealth

World Bank Updates Income Classifications: Global Economic Shifts Highlighted

The World Bank Group categorizes global economies into four income groups: low, lower-middle, upper-middle, and high. These classifications, updated annually on July 1 based on the previous year's GNI per capita, are expressed in U.S. dollars using the Atlas method. This method, introduced in 1989, aims to provide a consistent...
Education and Career

MBA Graduates in High Demand Despite Economic Concerns: Data and Business Analytics Sector Expects Growth in Hiring them in 2024

For MBA students, the current hiring landscape may seem daunting with varying industry challenges, but overall, holding an MBA remains advantageous in today’s market. This conclusion comes from the Graduate Management Admission Council’s (GMAC) annual survey of employers, released on July 1, indicating that economic worries have not lessened recruiters’...
CEO Insider

52% of CEOs Find their Workplace Toxic Survey Reveals

A recent Businessolver survey revealed a troubling trend: 52% of CEOs perceive their workplace culture as toxic, a 10 percentage-point increase from 2023. This figure surpasses the nearly one-third of employees who reported a detrimental work environment. The survey, conducted between mid-February and early March, included approximately 3,100 U.S. workers,...
Mukesh Ambani
Success and LeadershipTech and Innovation

Mukesh Ambani Secures Major Victory in Satellite Internet Race Against Elon Musk

Mukesh Ambani has secured a significant win in the competition against Elon Musk for satellite internet dominance. India's space regulator has granted approval for a satellite internet service run by Orbit Connect India, a joint venture between Ambani's Reliance Industries' Jio Platforms and Luxembourg-based SES. Musk's perceived snub of the...
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