NBN Co has appointed board member Kevin Russell as interim chair, beginning on January 1, 2025. He will take over from Kate McKenzie at the Australian government-owned broadband provider. In a statement, the government clarified that Russell’s interim appointment is intended to maintain continuity on the board until a permanent...

Bestseller India's CEO and Country Head, Vineet Gautam, will step down from his position at the end of December this year. Gautam, who joined the clothing retailer in 2010, played a key role in introducing popular brands like Jack & Jones, Vero Moda, Only, and Selected Homme to the Indian...

Barclays has reportedly sought the assistance of former CEO John Varley to contest a $50 million fine. The British banking giant is set to appear before the upper tribunal in London this week to challenge the penalty related to an emergency fundraising involving Qatari investors during the peak of the...

Elon Musk, CEO of Tesla, has achieved a new personal wealth milestone, reaching a net worth of $348 billion. This record cements his status as the richest person in history. His wealth has seen a significant boost following a rapid rise in Tesla's stock price, which gained momentum after the...

According to a recent report by HSBC, nearly one in ten (9%) affluent business owners from major global markets plan to conduct business in Singapore within the next 12 months. The figure rises to 18% for China and 17% for both India and Taiwan, indicating strong interest from Asian markets....

Peter Carlsson has resigned as CEO of Swedish battery manufacturer Northvolt, just one day after the company filed for Chapter 11 bankruptcy protection in the United States. Carlsson, who co-founded Northvolt in 2016, has led the company since its inception. On November 21, 2024, Northvolt announced that it had voluntarily...

The ongoing debate between Elon Musk, the world's richest man, and renowned astrophysicist Neil deGrasse Tyson has heated up once more, this time over Musk's long-standing vision of establishing a human settlement on Mars. The clash was sparked during an interview between Tyson and American talk show host Bill Maher,...

Mooreast Holdings Ltd, a Singapore-based specialist in mooring solutions, has announced that Eirik Ellingsen will take over as Chief Executive Officer, effective January 1, 2025. Ellingsen, a seasoned professional from Norway with over 35 years of experience in the offshore and marine sectors, will succeed the company's founder, Sim Koon...

On Monday, shares of several Apple Inc. suppliers in China saw significant gains following a speech by CEO Tim Cook at a major conference in Beijing. Cook spoke favorably about China's role in Apple's success, which led to a surge in the stock prices of companies closely tied to Apple's...