archiveEconomics Insider

Tim Sweeney, the CEO of Epic Games, recently reflected on the company's strategies, acknowledging that while the free game giveaways have been a successful business tactic, many of the store's exclusivity deals did not yield the desired returns. During a press call, Sweeney candidly discussed the Epic Games Store's methods...

Kinepolis Group has announced the appointment of Pieter-Jan Sonck as its new Chief Financial Officer, succeeding Jeroen Mouton in the role. With over two decades of expertise in finance and operations, Pieter-Jan Sonck brings a wealth of experience to Kinepolis. Since 2017, he has served as the CFO of Beaulieu...

As the new academic year begins, millions of young adults are heading to college, including a significant number of international students. If current trends persist, around 1 million students from various countries will enroll in U.S. institutions of higher learning this year. These international students make a substantial economic contribution,...

The board of Qantas has decided to reduce former CEO Alan Joyce’s final remuneration by over $6 million, citing significant damage to the airline's reputation due to certain decisions made during his tenure. On 8 August, the board announced that Joyce would not receive the full $15.5 million payout despite...

Entrepreneurs involved in casino ventures have secured prominent positions in the list of the wealthiest individuals in the Philippines. According to a Thursday press release, Enrique Razon Jr., a notable figure in the ports and casino sectors, has climbed to the second spot for the first time. Despite a $1.4...

Energy Absolute Pcl, a prominent Thai renewable energy firm currently facing significant value loss due to a fraud investigation, has appointed a new CEO in advance of crucial meetings with bondholders to request extended debt repayment terms. The company announced that it will be engaging with holders of bonds worth...

Warner Music Group (WMG) announced today that Max Lousada, CEO of Recorded Music, will step down at the end of September after leading the division for eight years. Lousada will remain as an adviser until January 31, but his role and the position of President of International will be discontinued...

Workforce considerations have been ranked as the third most important business priority for CEOs in 2024-2025, following growth and technology, according to a report by Gartner, Inc. The survey, conducted between July and December 2023, included responses from 416 CEOs and senior business leaders. It revealed a shift in investment...

Lineage, the world’s leading operator of cold storage warehouses, has executed the largest initial public offering (IPO) in the U.S. this year. The company announced the sale of 56.9 million shares at $78 each, which is near the high end of its anticipated range of $70 to $82.1. This sale...

Every day, about 168,054 people around the world die from many reasons, including natural diseases, accidents, violence, and disasters that aren’t expected. These numbers can vary significantly among countries, influenced by healthcare access, social stability, technological development, and the overall economic situation. It’s noteworthy that the most populated countries, China...