archiveEconomy Insider

Amit Kumar, Managing Director and CEO of CarTrade-owned OLX India, has announced his resignation, ending his seven-year tenure with the online classifieds platform to explore "better opportunities." OLX confirmed in a recent statement that Kumar’s resignation from both the directorship and CEO position will be effective January 31, 2025. Kumar’s...

Amazon's founder, Jeff Bezos, recently divested over $3 billion in Amazon shares, cementing his status as the world’s second-richest individual. His cumulative sales for the past year now total $13 billion. According to a regulatory filing, the latest sale includes over 16 million shares. This move coincides with Amazon’s stock...

In recent days, shares of KPIT Technologies have faced significant declines, with a sharp 15% drop recorded on October 24, 2024. The fall came after JPMorgan Chase lowered its target price for the company, citing a revised revenue growth outlook for fiscal year 2025, now estimated at the low end...

Shares of Japanese optics giant Olympus Corp. dropped significantly on Monday following the announcement that CEO Stefan Kaufmann had resigned due to a drug-related accusation. Data from LSEG showed that the company’s stock fell by 5.3% on the Tokyo Stock Exchange in response to the news. Despite the drop, Olympus...

Despite a sluggish economy, the Netherlands’ wealthiest have seen their fortunes grow, with the top 500 individuals amassing a combined wealth of around $273 billion, marking a 5% increase from last year. This growth rate far outpaces the country’s 2023 economic expansion of 0.2% and inflation rate of 4.1%. Charlene...

Alignment isn’t what it used to be. The days when executive teams set the mission, vision, and KPIs and assumed everyone would follow are long gone. Back then, organisations were like trains on tracks, moving along predictable pathways. Not anymore—with cyber-attacks, cost pressures, AI, and hybrid work—life is anything but...

My journey from a 15-year-old out on her own with only a ninth-grade education to a successful business owner that puts millions of dollars a year into our economy each year is a story of street smarts and how to access information, support, and a survivor’s spirit. An unplanned pregnancy...

A new KPMG survey reveals that insurance sector CEOs unanimously believe that generative AI will increase the demand for jobs rather than lead to job cuts. According to the KPMG 2024 Insurance CEO Outlook, not a single CEO in the global insurance industry expects generative AI to result in more...

The Australian Securities and Investments Commission (ASIC) has initiated legal proceedings against a former executive of a cryptocurrency exchange, charging him with fraud. Grant Colthup, the ex-CEO of ACCE Australia, which operated the Mine Digital crypto exchange, is accused of misappropriating approximately $1.5 million from one of the platform's customers....

A new book titled "Artificial Intelligence Driven Personalization Strategies - Redefining Customer Interaction in E-Commerce Ecosystems" by Vijay Mallik Reddy is reshaping the digital landscape with its groundbreaking exploration of artificial intelligence’s role in revolutionizing E-commerce. This highly ranked seller delves into advanced artificial intelligence strategies that optimize personalization, drive...