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Boeing CEO Dave Calhoun has announced his decision to step down, marking a pivotal moment for the aircraft manufacturer amidst ongoing production challenges and safety concerns. In a statement issued on Monday, Boeing outlined Calhoun's plan to remain in his role until the end of 2024, emphasizing the need to...

In a pivotal move for luxury skincare brand La Prairie, the Group has appointed Estelle Létang as its incoming CEO, effective April 1, 2024. With her base at the company's headquarters in Zurich, Switzerland, Estelle Létang will assume the mantle, reporting directly to Patrick Rasquinet of Beiersdorf's Executive Board. Estelle...

Achieving long-term profitability is a goal that every business aspires to, yet many struggle to sustain it over time. Approximately 40% of small businesses achieve profitability over time. However, 30% experience losses, and another 30% simply break even. The primary reasons for business failure often include a lack of demand and...

The popularity of women's football has been on the rise, which has led to an increase in transfer fees. Although the amounts are still considerably lower than those seen in men's football, we can take a look at the most expensive transfers in the history of women's football. As of...

Paper is a versatile product with a wide range of applications, including writing, printing, packaging, and hygiene products. The paper industry is a major contributor to international trade, with several countries playing a significant role in paper exports. In this report, Tendata explores the world's largest paper exporter, the key...

While the discussion around Generative AI (Gen AI) is widespread, many brands remain cautious about large-scale deployment due to concerns about control and parameters. Despite the buzz surrounding Gen AI, including notable launches like ChatGPT, brands hesitate due to a lack of control over model outputs. Customer service organizations, for...

As of January 15, 2025, Nassef Sawiris was estimated as the wealthiest person in Egypt, with a net worth of around $7.7 billion, followed by Naguib Sawiris (No. 2, $3.8 billion) and Mohamed Mansour (No. 3, $3.3 billion). Have you read? Biggest Billionaire Losers. Biggest Billionaire Winners. World’s Most Powerful...

US Strategic Metals, a prominent player in the battery metals production and recycling sector, has unveiled the appointment of Thomas M. Boehlert as its new Chief Financial Officer. Boehlert's illustrious career and extensive expertise position him to spearhead the company's financial health and strategic endeavors. Boehlert brings a wealth of...

The renowned sports apparel juggernaut Under Armour, has announced a seismic leadership shift aimed at reigniting the company's momentum amidst challenging times. Founder Kevin Plank, a visionary in the athletic wear industry, is set to reassume the role of Chief Executive Officer, marking a pivotal moment in the company's journey....

Adam Rytenskild, the CEO of Tabcorp, has resigned from his position following an internal investigation into his conduct towards an individual outside the company. Allegations surfaced suggesting the use of inappropriate and offensive language, prompting the board to initiate an inquiry. In light of his departure, Rytenskild will only receive...