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Clarivate Plc (NYSE: CLVT), a leading global provider of transformative intelligence, has announced that its Board has appointed Matti Shem Tov, former CEO of ProQuest, as the company’s next CEO, effective August 9, 2024. In addition to his role as CEO, Shem Tov will join Clarivate’s Board of Directors. Jonathan...

Rolls-Royce shares surged over 11% to a record high on Thursday after the company announced the reinstatement of its dividend and upgraded its profit forecast following robust first-half results. By 9:20 am London time, shares were trading 9.4% higher. The British aerospace and defense giant reported an underlying profit of...

Meta CEO and Facebook cofounder Mark Zuckerberg saw a significant boost to his wealth following a strong post-earnings rally in Meta's stock. Zuckerberg's net worth increased by $11 billion, jumping from $167 billion to $178 billion on Thursday as Meta’s share price climbed 6%, marking its second-largest gain in the...

Adore Beauty has announced the appointment of Sacha Laing, an experienced retail executive, as its new Chief Executive Officer. Laing, who previously served as CEO of Alquemie Group, will begin his new role on October 1. Laing brings over 25 years of experience in the retail industry. His most recent...

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...