archiveEconomics Insider

Zhang Yiming, cofounder of TikTok's parent company ByteDance, has overtaken Zhong Shanshan, Chairman of beverage giant Nongfu Spring, to become the richest person in China. Zhang, 40, has secured the top spot with a net worth of $45.6 billion, slightly ahead of Zhong’s $43.3 billion. Zhang stepped down as chairman...

On the second day of my first sales job, the lead trainer told me and the other new hires we’d be doing role plays before practicing our pitches in front of the group. I froze. Fortunately, my manager noticed my discomfort and pulled me aside to ask what was wrong....

If you’ve ever explored the world of marketing, you’ll notice that live brand activations have become the lifeblood of many experiential firms. It's an undeniable fact that they are a powerful way to capture attention, create catchy moments, and foster direct engagement with consumers. However, as consumer expectations are ever-evolving,...

Alfred F. Kelly, Jr., the former Chairman and CEO of Visa Inc., has been appointed to General Motors Co.'s board of directors, the automaker announced on Thursday. Kelly’s addition brings the total number of directors on GM's board to 13, with a diverse range of experience in manufacturing, information technology,...

Chinese President Xi Jinping announced that China will grant zero-tariff treatment to all least developed countries that have diplomatic relations with China, including 33 African nations. The announcement was made during a keynote speech at the opening ceremony of the 2024 Summit of the Forum on China-Africa Cooperation (FOCAC) in...

Corporate training programs are one of the most important investments that a company can make. Employees are undeniably the backbone of a business’s success, and the level of their knowledge and skills positively correlates to the performance of an organization. 62% of C-suite leaders claim that the organizations they lead...

Kelly Zong, also known as Zong Fuli, the daughter of the late Chinese billionaire Zong Qinghou, has officially assumed control of Hangzhou-based beverage giant Wahaha Group, according to a local business registration system. The Qichacha business registration platform confirms that Zong is now the company's chairman and CEO and has...

Ebusco's Supervisory Board has announced the appointment of Christian Schreyer as the new CEO as part of the company’s turnaround strategy. The decision followed an internal review, which concluded that the organization should be led by a single CEO with proven experience in public transport management. Founders Peter Bijvelds and...

Small businesses can lead with integrity by embracing transparency, ethical partnerships, and community engagement, building trust and loyalty. Imagine walking into a local café where the staff knows your name, the coffee beans are ethically sourced, and the atmosphere radiates trust and warmth. Small businesses like this might not have...

Alight Inc., a leading recordkeeping firm, has appointed Dave Guilmette as its new Chief Executive Officer. He will continue to serve as vice chair of the board, a role he assumed earlier this month after being named to the board in May as an independent director. This leadership change is...