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President-elect Donald Trump dismissed the notion that Elon Musk influences the Republican Party. This reaction came after Musk was involved in defeating a government spending bill last week. Following this incident, Democrats and Trump's opponents mocked him by referring to Musk as “President Musk.” Trump said the notion that he...

Johnson Lukaza, an entrepreneurial leader from Dar es Salaam, Tanzania, is the Chairman of Proin Group of Companies. A visionary with a passion for bridging gaps in diverse industries, Johnson is celebrated for his innovative approach to business. Educated at Shaaban Robert Secondary School, with further studies in St. Gallen,...

The United Nations Economic Commission for Latin America and the Caribbean (ECLAC) has projected a 2.4% economic growth rate for the region in 2025, citing domestic consumption as the primary driver. This updated forecast marks a slight increase from the 2.3% estimate made in August, although ECLAC described the region’s...

Shayne Elliott, the outgoing CEO of ANZ, has chosen to relinquish his long-term variable remuneration (LTVR) for 2025, a decision influenced by shareholder opposition ahead of the bank's annual general meeting. Proxy votes revealed that nearly half of ANZ shareholders—49.23%—rejected the proposal to award Elliott restricted and performance rights, signaling...

Sergey Skuratov transformed Ural Airlines, a fledgling carrier, into a robust aviation force. His strategic insight into fleet modernization and technological advancements ensured its growth, while his commitment to social causes made him a revered figure in the Russian aviation community. Skuratov Sergey is an experienced pilot Skuratov Sergey Nikolaevich:...

The G7, which includes Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States, was established during the oil crisis of the 1970s. Over the years, it has become recognized as a powerhouse of the world economy, representing large, mature, high-income nations that dominate key global sectors. In...

Heineken N.V.'s Supervisory Board has announced significant leadership transitions set to take place following the Annual General Meeting (AGM) in April 2025. Peter Wennink, currently Vice-Chair of the Supervisory Board, will step into the role of Chair. Wennink, who joined the Supervisory Board in 2024, has been a vital contributor...

The Economic Commission for Latin America and the Caribbean (ECLAC) is set to present its flagship annual report, Preliminary Overview of the Economies of Latin America and the Caribbean 2024, on Wednesday, December 18. The report will analyze the region’s economic performance over the past year and provide updated growth...

The European Central Bank (ECB) is anticipated to implement another interest rate cut this week, marking its third consecutive reduction as it seeks to stimulate lending and revitalize consumer spending and business investment across the 20 eurozone countries. Having aggressively raised rates starting in mid-2022 to combat soaring energy and...

Taylor Swift’s groundbreaking “Eras Tour,” which concludes this weekend at Vancouver’s BC Place Stadium, has solidified the pop icon’s status as both a cultural and economic powerhouse. Spanning 152 concerts across 51 cities, the tour has become the highest-grossing in history, generating an estimated $2.2 billion in revenue. Beyond ticket...