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As the climate crisis intensifies and the advantages of sustainable transportation become increasingly evident, several European countries are compelling employers to cover the public transport expenses of their employees. This move aims to reduce private car usage and promote greener alternatives with minimal cost to taxpayers. Transport remains a significant...

Starting on September 1, 2024, Alexander Pollich will assume the role of President and CEO of Porsche China, Hong Kong, and Macao, based in Shanghai. Pollich brings over 23 years of experience with Porsche, having held various management roles. Since 2018, he has been serving as the Chairman of the...

A recent study conducted by market analysts at The Gold Bullion Company reveals that major gold-consuming nations are struggling to meet their demand through domestic mining, with India exhibiting the largest shortfall. The research examined gold data across various countries to identify the disparity between consumer demand and mined production....

Clinical trials are major drivers for medical research and development of new treatments. These could be complex at times and involve a lot of data management from multiple sources. In fact, the success of any clinical trial depends on how efficiently one manages this associated data, the key to which is...

The International Monetary Fund (IMF) has raised concerns about China's manufacturing sector, highlighting issues of overcapacity despite a generally improved economic outlook. China last faced significant overcapacity in 2014-2016, following extensive stimulus packages introduced by Beijing and local governments during the 2008-2009 Global Financial Crisis. This overcapacity was particularly evident...

PwC's 2024 AI Jobs Barometer reveals that industries rapidly adopting AI—such as professional services, financial services, and technology—are experiencing productivity growth five times faster than those with slower AI adoption. Workers possessing AI skills can command up to a 25% wage premium. AI is revolutionizing worker capabilities and their value...

Italian creativity, deep knowledge of Swiss watchmaking and high-tech to reach new heights: this is the essence of Bvlgari watches, according to its boss, Antoine Pin. Any young watchmaker should master the old way, before daring into the new territories where we should take the industry. Who are you and...

Christophe Fouquet, the CEO of Dutch semiconductor giant ASML, along with his predecessor Peter Wennink, have expressed strong objections to U.S. limitations on ASML's chip-making equipment exports to China. In a recent interview, Fouquet emphasized that the automotive industry relies heavily on critical chips predominantly manufactured in China. He argued...

Former GPT Group CEO Bob Johnston is set to join the board of fellow property developer Stockland, starting October 1. Johnston's appointment follows his departure from GPT in March, where he had served as Chief Executive for eight years. His extensive career in the property sector includes significant leadership roles,...

Amidst the considerable hype around AI and its seemingly endless possibilities, the technology’s proponents and critics alike can be prone to embellishment – making the extent of its investment potential difficult to ascertain. ‘Revolutionising’. ‘Unbiased’. ‘Productivity gains’. ‘Impersonal’. ‘Unethical’. ‘Make humans obsolete’. All these and more have been attributed to...