Following the court’s rejection of former ADOR CEO Min Hee-jin’s request for a provisional injunction to reinstate her position, Hybe signaled swift steps to stabilize ADOR operations, according to internal communications shared with staff. Industry insiders reported on Wednesday that Hybe CEO Lee Jae-sang communicated with employees shortly after the...

From October 10 to 23, a Seminar on Management for Director-Generals of National Meteorological and Hydrological Services (NMHSs) in Developing Countries took place in Beijing and Anhui, China. The event attracted 20 senior officials from the World Meteorological Organization (WMO) and representatives from sectors such as meteorology, hydrology, agriculture, and...

Li Ka-Shing, Hong Kong’s wealthiest businessman, is reportedly considering a significant investment in Thames Water as the embattled utility company works to secure billions to prevent nationalization. Already holding a 75% stake in Northumbrian Water, Li is said to be evaluating a package that could provide Thames Water with a...

Following Alphabet’s impressive third-quarter earnings report that exceeded analyst expectations, CEO Sundar Pichai and other executives informed investors of substantial gains fueled by increased demand for artificial intelligence (AI). This optimistic outlook boosted Alphabet's shares by over 5% in after-hours trading on Tuesday. Pichai noted that Alphabet's substantial investments in...

Asbury Automotive Group’s president and CEO, David Hult, emphasized the company’s focus on gross profit over unit volume in the used vehicle market, as reflected in the third-quarter financial results. Although same-store used-car sales declined by 6% year-over-year, Hult remained unconcerned, drawing attention instead to an improvement in gross margins...

Since 2002, Elon Musk has fathered 12 children, though he endured a heartbreaking loss when his first child passed away from sudden infant death syndrome at just 10 weeks old. Now, Musk is setting the stage for a unique family dynamic by bringing his 11 surviving children and their mothers...

In recent days, shares of KPIT Technologies have faced significant declines, with a sharp 15% drop recorded on October 24, 2024. The fall came after JPMorgan Chase lowered its target price for the company, citing a revised revenue growth outlook for fiscal year 2025, now estimated at the low end...

US insurance brokerage TIH has announced that Dave Obenauer, its current President, will assume the role of Chief Executive Officer effective January 1, 2025, as current CEO John Howard transitions to Vice Chair. With over 35 years in the insurance industry and tenure at TIH dating back to 2007, Obenauer...

Shares of Japanese optics giant Olympus Corp. dropped significantly on Monday following the announcement that CEO Stefan Kaufmann had resigned due to a drug-related accusation. Data from LSEG showed that the company’s stock fell by 5.3% on the Tokyo Stock Exchange in response to the news. Despite the drop, Olympus...