Singapore Post revealed on Sunday that it had terminated its CEO and two senior executives following an internal inquiry into their mishandling of whistleblower allegations involving employee misconduct. The announcement triggered a significant drop in the company's stock, with shares tumbling 9.8%—their steepest decline since March 2020—as trading opened on...

Portola Valley, a scenic California enclave once dubbed the richest town in America, is facing a looming financial crisis. Despite its reputation as a haven for Silicon Valley billionaires, the town’s cash reserves are dwindling, driven by soaring costs and state-imposed affordable housing mandates. Located about an hour south of...

A recent survey by PwC revealed that most leaders of large companies in Malta believe the measures announced in the 2025 Budget will have little to no effect on their businesses. Conducted in October as part of PwC's quarterly CEO Confidence Tracker, the survey found that a similar proportion of...

Speculation about a potential merger between Japanese automakers Nissan and Honda has stirred debate within the automotive industry. On Tuesday, Japanese media reported that the two companies were engaged in merger negotiations, a move seen as a strategy to pool resources and bolster their competitiveness in the rapidly evolving electric...

Sands China CEO and President Grant Chum recently emphasized that Macao is shifting its focus away from gaming to establish itself as a destination for sports and entertainment. His comments came during Chinese President Xi Jinping’s visit to the city, which concluded on Friday. Chum highlighted a partnership announced in...

In the United States, nearly 14 million children—or approximately one in five—currently face food insecurity and hunger. This figure represents an improvement from the peak of the COVID-19 pandemic, when the number had climbed to nearly 18 million. The issue of child hunger reflects a broader problem of food insecurity...

Economic growth in the Gulf Cooperation Council (GCC) countries is projected to gain momentum, with average expansion forecasted at 3.7% in 2024, rising to 4.5% in 2025, according to projections by the GCC Statistical Center (GCC-Stat) in Muscat. The growth is expected to moderate slightly to 3.5% in 2026, primarily...

In 2024, Corporate America has undergone transformative shifts, including intense debates over diversity, equity, and inclusion (DEI) policies and the persistent conflict between remote work and return-to-office mandates. Amid these headline-grabbing changes, a quieter but equally profound trend has emerged: an unprecedented wave of CEO departures across industries. Data from...

Hock Tan, CEO of Broadcom Inc., the $1 trillion chipmaking giant, has ruled out any interest in acquiring the struggling Intel Corp., citing his focus on transforming Broadcom into a leader in artificial intelligence. Tan stated that the company’s efforts are firmly directed at expanding its presence in the AI...