archiveFinancial Directors Insider

As of July 2024, SpaceX owns and operates the most satellites orbiting Earth, with its Starlink constellation totaling 6,111 active satellites. This accounts for almost half of all active satellites in orbit. SpaceX, the California-based firm founded by Elon Musk, owns and operates Starlink. The company plans to expand its...

Lidl Belgium and Luxembourg has appointed Marjolein Frederickx as its new chief executive officer, taking over from Matúš Gála on 1 September 2024. Frederickx, a long-standing member of the company, brings over 15 years of experience, including eight years as chief financial officer for Lidl Belgium & Luxembourg. She began...

Gen Z, those born between 1997 and 2012, is poised to become the wealthiest generation ever, according to NielsenIQ's recent "Spend Z" report. The report projects that Gen Z will experience the fastest growth in spending power, expected to reach $12 trillion by 2030, surpassing baby boomer spending by 2029....

The world’s population was 2.5 billion in 1950. Now, it’s surpassed 7.9 billion, with a significant increase in young individuals. Approximately 41 percent of the world’s population is 24 or younger, and almost 60 percent of Africa’s population falls under this age bracket. In contrast, Monaco has the highest median...

China's economic impact is felt worldwide, according to a new survey by the Pew Research Center covering 35 countries. Majorities in almost all surveyed nations, spanning six continents and diverse income levels, report significant Chinese influence on their economies. This influence is perceived more widely now compared to 2019, with...

European hardware deep tech teams now have a valuable resource akin to Point Nine's renowned SaaS Funding Napkin. This innovative tool, the Deep Tech Hardware Napkin, has been introduced by First Momentum, a pre-seed fund specializing in technical B2B and deep tech startups. The German VC firm aims to democratize...

JBS, a prominent member of Ibovespa, exhibits the highest salary disparity within the index. The top salary at JBS is 1,100 times greater than the company's average salary. JBS employs 152,500 individuals in Brazil alone. Following JBS are Rede D'Or, with a salary ratio of 625.9 times, and Localiza, at...

The U.S. trade deficit expanded in May to its widest point since late 2022, according to government data released on Wednesday, as both exports and imports saw declines. The overall trade gap increased to $75.1 billion, up from a revised $74.5 billion in April, as reported by the Commerce Department....

To join the richest 1% in Monaco, you need a net worth of $12.4 million, according to a recent study by real-estate consultancy Knight Frank. Their Wealth Sizing Model reveals the wealth required to be among the top 1% in 25 different countries, with Monaco leading the list due to...

A recent report by Deloitte and Workplace Intelligence reveals that a significant majority of C-suite executives, including about 80% of CEOs, feel pressured by employees, customers, investors, partners, and board members to make public commitments towards enhancing human sustainability. Leaders appear to be responding positively to this pressure. A survey...