archiveWealth Insider

Recent findings from the National Council of Applied Economic Research (NCAER) indicate a significant reduction in poverty levels in India over the past decade. According to a research paper titled "Rethinking Social Safety Nets in a Changing Society," authored by Sonalde Desai, poverty has decreased from 21.2% in 2011-12 to...

Euroleague Basketball has confirmed the extension of Dejan Bodiroga as president and Paulius Motiejunas as CEO, each for an additional four years, following a unanimous decision by the Board of Directors and subsequent approval by the Euroleague Commercial Assets (ECA) Shareholders on Thursday. Bodiroga, who took on the role of...

In mid 2008 the Global Financial Crisis was in full swing. Even though our business had done very well in the preceding five years, the challenges thrown up by this economic event were starting to give me some concerns. Our business – Acquire Technology Solutions (acQuire) – is a software...

Goh Choon Phong, CEO of Singapore Airlines (SIA), received an annual remuneration of S$8.1 million for FY2024, marking a 20.6% increase from the previous year. This rise comes in a landmark year for the airline, which reported its highest-ever net profit. The annual report released on July 1 detailed Goh's...

Brambles, a prominent logistics company, has revealed that Xavier Garijo, CEO of its subsidiary CHEP Americas, will depart the organization after a brief six-month tenure due to cultural misalignments. Garijo took the helm at CHEP Americas in January, a newly established role where he managed Brambles' operations across the Americas. This...

As the saying goes, “People who feel good about themselves do good work, and people who do good work feel good about themselves.” You would think this straightforward and compelling logic would motivate even the most pragmatic among us to consistently foster an environment where people feel positive about their...

China has extended its visa-free travel program to include Poland, Australia, and New Zealand until the end of 2025. This initiative, which began in stages at the start of 2024, now encompasses 11 additional European countries and Malaysia, aiming to increase business and tourism visits and enhance exchanges between Chinese...

The Conference Board's consumer confidence index fell to 100.4 in June from a revised 101.3 in May. Although this met economists' expectations, it highlighted a continuing trend: even with ongoing economic growth and a robust labor market, American confidence is diminishing due to prolonged high inflation and interest rates. Another...

Many families need financial support in an era of increasingly prevalent economic challenges. The Kulpa Foundation, co-founded by philanthropists Jason and Melissa Kulpa, has addressed this pressing issue. The foundation’s mission is to alleviate financial burdens for families through targeted initiatives, a mission that is being significantly advanced through donor-assisted...

A survey commissioned by freelance services marketplace Fiverr revealed that Australia's youngest workers, Generation Z, have mixed feelings about the rise of artificial intelligence. According to the survey, 51% of Generation Z fear potential job automation due to AI in the coming years. However, the survey also indicated a more...