Mexico is poised to become one of the world's top 10 investment destinations in 2025, according to a survey conducted by professional services firm PwC. For its 28th annual Global CEO Survey, PwC gathered insights from 4,701 business leaders across 109 countries and territories in late 2024. One of the...

Valentine’s Day continues to be a major economic driver, with the National Retail Federation (NRF) estimating that 56% of consumers plan to celebrate the holiday in 2025. Spending is projected to reach $27.5 billion, averaging $188.81 per household. Popular Valentine’s Day Gifts Several classic gifts remain favorites for the holiday:...

A group of investors led by Elon Musk has made an offer of approximately $97.4 billion to acquire OpenAI, intensifying an ongoing legal dispute between Musk and the artificial intelligence company he co-founded. According to Musk’s attorney, Marc Toberoff, the proposal aims to take control of OpenAI and restore its...

In a strategic move to bolster its leadership, IQ-EQ has announced a major internal promotion and a high-profile external hire. John Legrand, previously the Regional CEO for the UK, Ireland, and Crown Dependencies, has stepped into the role of Deputy Group CEO, while Richard Surrency has been brought on board...

The economies of the Middle East and North Africa (MENA) are projected to expand by 3.6% this year, outpacing global growth. However, this recovery remains weaker than pre-pandemic levels, raising concerns about the region's ability to avoid the pitfalls of sluggish growth and mounting debt. Speaking at the World Governments...

A Carbon Brief analysis revealed that approximately 95% of countries failed to meet the United Nations (UN) deadline for submitting new climate pledges for 2035. Only 10 out of the 195 parties to the Paris Agreement had published their updated emissions-cutting plans, known as nationally determined contributions (NDCs), by the...

DFI Retail Group has announced the appointment of Yoep Man as the new CEO of 7-Eleven for South China, Hong Kong, Macau, and Singapore, following the departure of Danni Peirce. Effective immediately, Man will report to Scott Price, the group’s chief executive. In his new role, Man will oversee the...

William Li, founder, chairman, and CEO of Nio (NYSE: NIO), stated that the company’s battery swap business is showing positive momentum, with its battery swap stations in Shanghai approaching profitability. Li shared this update in a Weibo post, where he included a replay clip from a live video broadcast he...

Lei Jun, the founder of Chinese tech giant Xiaomi, has climbed to the position of China’s fifth wealthiest billionaire following a remarkable 250% rally in the company’s shares over the past year. Investors have become increasingly optimistic about Lei’s expansion into the electric vehicle (EV) sector, driving Xiaomi’s market performance....