New World Development (NWD) has divested its interest in Hong Kong’s largest sports infrastructure project, Kai Tak Sports Park (KTSP), to its parent company, Chow Tai Fook Enterprises (CTFE). The move marks a significant step in NWD’s ongoing efforts to reduce its financial burden following a historic loss. In a...

Star Entertainment Group has reported an EBITDA loss of $5.5 million for October, bringing its total EBITDA loss for the first four months of the financial year to approximately $17.6 million. The company's CEO, Steve McCann, warned shareholders during the Annual General Meeting that negative cash flow has now become...

In Ghana’s bustling capital, early morning shoppers crowd into the sprawling secondhand clothing market, combing through piles of garments in search of bargains or rare designer finds. These items, imported primarily from Western countries, are often of low quality or heavily worn. Meanwhile, just down the street, a vibrant, upcycled...

Francoise Bettencourt Meyers, the L’Oréal heiress who held the title of the world’s richest woman at the close of 2023, has experienced a sharp financial setback in 2024. Her net worth has dropped by $26 billion, reducing her fortune to $74 billion. This decline makes her the second-largest wealth loser...

Borosil Renewables has announced the appointment of Melwyn Moses as its new Chief Executive Officer, effective December 2, 2024. His extensive leadership experience across global organizations positions him as a key figure in the company’s plans for accelerated growth and innovation. Moses previously held senior roles at UPL Corporation, where...

Uniqlo, the global casual wear brand, is under fire in China following remarks by Tadashi Yanai, CEO of its parent company Fast Retailing, stating that the company does not source cotton from Xinjiang. This region has been at the center of international scrutiny over allegations of forced labor in recent...

Using our gifts to fill the gaps means sharing our knowledge, skills, and resources where they’re needed, creating social, economic, and environmental impact in our communities. This approach promotes empowerment, inclusivity, and a sense of purpose for everyone. In 2009, our 14-year-old daughter, Steph, was denied a life-changing school trip...

You know how the foundations of a property play a significant part in the stability and value in a home. Well, it’s the same with culture and the potential value in business. Businesses with poor foundations, like with real estate, risk the same fate as a floating house. The good thing...

In today’s fast-paced digital workplace, the success of any organization hinges on more than just advanced technology and streamlined operations. As Bob Grazioli, CIO of Ivanti, reveals in an interview with me, the concept of Digital Employee Experience (DEX) is reshaping the role of CIOs and influencing productivity, cybersecurity, retention,...