archiveFinancial Directors Insider

WHO/Europe has announced that the renowned WHO Barcelona course on health financing for universal health coverage (UHC) will be held in Almaty, Kazakhstan. This edition features a specially tailored program for Central Asian countries designed to address the region’s specific health financing challenges. Organized by the WHO Barcelona Office for...

Sixty of the UK's wealthiest individuals collectively paid more than $3.9 billion in income tax during the 2021/22 fiscal year, contributing a significant share of the nation's tax revenue. Each of these high earners reported an income of approximately $65.4 million, though many likely earned far more and contributed through...

When CEOs set out to lead their teams to success, the focus often lands on strategy, resources, or hitting key performance indicators. But there’s one critical element that frequently gets overlooked: accountability. Without it, even the clearest strategies and best resources fall flat. Accountability ensures that teams not only know...

Hotel Engine, a Denver-based travel tech startup, has recently secured one of the year’s largest funding rounds for a travel company, raising $140 million and achieving a valuation of $2.1 billion. The company, which initially focused on hotel bookings for business travel, is now broadening its offerings to include flights...

Mark Zuckerberg, CEO of Meta, has recently overtaken Jeff Bezos to become the world’s second-richest person. As of Thursday, Zuckerberg’s net worth reached a staggering $206.2 billion, narrowly surpassing Bezos, whose fortune stands at $205.1 billion. The Facebook co-founder now trails only Elon Musk, who leads the global rankings with...

HF Capital, the investment arm of the Haslam family based in Knoxville, has committed up to $725 million to support Ara Energy Decarbonization, a new unit of Ara Partners that aims to reduce carbon emissions in the energy sector across North America. The unit, led by former Pilot CEO Shameek...

Elon Musk, CEO of Tesla, voiced strong disapproval over reports that OpenAI, the company behind ChatGPT, may be planning a shift from its original non-profit structure to a profit-driven model. According to Musk, this kind of transformation could be in violation of legal standards. His reaction came Thursday in response...

As businesses grapple with the rapid shift toward digital transformation, the need for technology leaders who can skillfully navigate the complexities of AI has surged. Korn Ferry’s research highlights that over 82% of top executives anticipate artificial intelligence will have a major impact on their operations, reflecting the increasing demand...

Mukesh and Nita Ambani, among the wealthiest individuals globally, helm Reliance Industries, a conglomerate with annual revenues of $120 billion. With ventures spanning petrochemicals, oil and gas, telecommunications, retail, media, and financial services, the Ambanis are also known for their extravagant lifestyle and ownership of some of the most luxurious...

The satellite industry is undergoing a profound shift as major operators consolidate in response to the growing competition from SpaceX’s Starlink. During the operator panel at the World Space Business Week in Paris on September  16, Viasat CEO Mark Dankberg described the current landscape as a "quantum period of change,"...