Executive World

Customer reward programs scale meaningfully when a qualifying action recorded in the CRM or commerce system automatically triggers the correct reward, while business controls eligibility, exceptions, and program economics. In short, when a new recipient or new campaign creates no more administrative work. Most customer incentive programs begin manually. A...

China’s four state lenders top the global ranking by assets. JPMorgan, a little more than half ICBC’s size, earns more. China is home to the world’s largest banks. In S&P Global Market Intelligence’s April 2026 ranking, built mainly on year-end 2025 financial statements, the four biggest are all Chinese. The...

The IMF’s October forecasts put global GDP above $128 trillion. Beneath the headline, a war-driven energy shock and an AI investment boom are redrawing the order. The world economy will produce more than $128 trillion of output in 2026, measured in current U.S. dollars, according to projections in the International...

Whop, the Palo Alto, California, technology company, has raised $200 million in a Series D round at a $5.1 billion valuation. Sequoia Capital and Shopify Ventures led the round, announced on October 21, and Sequoia partner Doug Leone is joining the board as part of the deal, Bloomberg reported. "They're...

New York still leads the world with 384,500 millionaires. The faster story is in the Bay Area and Dubai, where wealth is either being made or moving in. New York is home to more millionaires than any other city on earth. The latest edition of the World’s Wealthiest Cities ranking,...

Two years after the Bezos Courage and Civility Award handed her $50 million, Longoria argues that giving is about presence more than money. The award’s own history points the same way. In March 2024, Jeff Bezos and Lauren Sánchez, now Lauren Sánchez Bezos, gave $50 million each to the actor...

India’s competition regulator has cleared the French billionaire’s purchase of e&’s 16.2 percent holding. The approval says as much about Vodafone’s shrinking India exposure as it does about Niel. The Competition Commission of India has approved Xavier Niel’s purchase of a 16.2 percent stake in Vodafone Group Plc, removing one...

AMD will invest $1 billion in Meta Platforms’ equity offering, the chipmaker said on October 27, a day after Meta launched one of the largest stock sales a technology company has attempted. The same announcement confirmed that AMD’s first Helios rack-scale systems, each carrying 72 Instinct GPUs, are installed at...

For many students, freshman year is about settling in: new friends, new classes, a new routine. Career planning can feel like a senior-year task to tackle once graduation is in sight. But the students who launch most smoothly into careers often start thinking about them much earlier. Not because they...

Alphabet’s Cloud Doubles, but Its AI Spending Now Outruns Its Cash Alphabet reported third-quarter revenue of $127.6 billion, up 25 percent from a year earlier and slightly above analysts’ expectations. Google Cloud, the company’s fastest-growing business, more than doubled its revenue to $30.7 billion. Operating income rose 30 percent to...

Joe Lonsdale, the Palantir co-founder and venture investor, is backing one of the most contentious ventures in American biotechnology. His firm, 8VC, has invested $20 million in Safer Human Medicine, a startup that plans to breed about 30,000 macaque monkeys for drug safety testing and biomedical research. The company has...

Valencia CF Sale Values Club at €1.25 Billion as US Investors Bet on Nou Mestalla Valencia CF, one of Spain’s most storied football clubs, is bringing in American capital. Meriton Holdings, the investment company of Singaporean billionaire Peter Lim, will sell up to 42% of the club to Pitchwise Holdings,...

Atedo Peterside founded Investment Banking & Trust Company in Lagos in 1989, at the age of 33. Nearly four decades and two mergers later, the business is Stanbic IBTC Holdings, a Nigerian financial group controlled by South Africa’s Standard Bank and valued at about ₦2.54 trillion, or $1.89 billion. Peterside’s...

Luiz Inácio Lula da Silva has won a fourth, non-consecutive term as Brazil’s president. He defeated Senator Flávio Bolsonaro in the October 25 runoff with about 51.8% of valid votes to Bolsonaro’s 48.2%, a margin of roughly 4.4 million votes. Turnout was about 81%. The Superior Electoral Court declared Lula...

Devki Group, the steel and cement manufacturer founded by Narendra Raval, is set to mark a major investment in eastern Kenya. President William Ruto is scheduled to lead a groundbreaking ceremony on October 27 at Ngaaie in Mwingi North, Kitui County, for a clinker and cement plant valued at about...