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In May, the Iberian market lost its title as the region with the lowest electricity costs to France, a position it had held for three consecutive months, according to ALeasSoft Energy Forecasting. Despite record-high solar energy production, wind energy output declined in most countries during this period. Electricity prices across...

As of June 1, 2024, European gas storage facilities were over 70% full, marking the second-highest level recorded for this time of year, according to the AGSI platform. However, despite this healthy storage level, the European gas market remains highly sensitive to various influencing factors. In May 2024, Russian gas...

Whenever we interview people asking about a boss or leader they trust the most, they always tell us about someone who cared about them when they needed it most. In our ROCC of Trust model, caring or concern takes the longest to demonstrate, after demonstrating our reliability, openness/honesty, and competence....

Bill Ackman, hedge fund manager and CEO of Pershing Square Capital Management has joined the ranks of the world's wealthiest individuals thanks to a $1.05 billion investment in his firm. This investment, representing 10% of Pershing Square, values Ackman's stake at over $3.5 billion, propelling his net worth to $8...

C.C. Wei, CEO of Taiwan Semiconductor Manufacturing Company, crucial supplier for tech giants Nvidia and Apple, has taken on the additional role of Chairman following Mark Liu's departure. This marks the first time since founder Morris Chang that one individual holds both positions. According to Nikkei Asia, Wei's new role...

The United States and India undeniably hold the top positions for the highest percentages of book readers among selected countries worldwide. The United States leads in the frequency of book reading. According to a survey by CEOWORLD magazine among book readers in 102 countries, Americans read an average of 17...

BW Energy Limited has named Brice Morlot as its new Chief Financial Officer, effective June 30. Morlot succeeds Knut Sæthre, who has served as CFO since 2019, significantly contributing to the company's financial management and strategic direction. BW Energy CEO Carl Arnet expressed enthusiasm for Morlot's appointment, emphasizing the company's...

Gildan CEO Glenn Chamandy revealed at a news conference that the prolonged five-month conflict between shareholders and the board had cost the company millions of dollars. Chamandy returned to the CEO position in May following the resignation of his successor, Vince Tyra, and the company's board of directors. This leadership...

Vodafone Group and Liberty Global have appointed Stephen van Rooyen as Chief Executive Officer of VodafoneZiggo, effective September 2024. Until van Rooyen assumes his position in September, VodafoneZiggo’s Chief Financial Officer, Ritchy Drost, will serve as interim CEO. He will be based at the company’s headquarters in Utrecht. Van Rooyen’s...

Arrowhead Game Studios has announced Shams Jorjani as its new CEO, with Johan Pilestedt, the company founder, stepping down from the role. Pilestedt will remain as Chief Creative Officer and Chairman. This leadership change follows the massive success of Helldivers 2, which has sold 12 million copies since its February...