The world’s 26 poorest nations are now deeper in debt than at any time since 2006 and face heightened vulnerability to natural disasters and other crises, according to the World Bank. In a report released on Sunday, the Washington, DC-based institution highlighted that the poorest economies are in worse shape...

Renewable energy, spearheaded by solar power, is on track to supply nearly half of the world’s electricity demand by the end of this decade, according to a new report from the International Energy Agency (IEA). The report highlights the rapid expansion of renewable power, driven by supportive policies and favorable...

Biotech firm Clarity Pharmaceuticals is preparing to initiate a second Phase III clinical trial for its prostate cancer diagnostic product, 64Cu-SAR-bisPSMA, after receiving positive feedback from the US Food and Drug Administration (FDA). This announcement has boosted the company’s shares. The new trial, named AMPLIFY, will involve approximately 220 participants...

A recent study by Global Finance, which analyzed the Gross Domestic Product purchasing power parity (GDP-PPP) worldwide, revealed that Luxembourg claimed the title of the world's most affluent country in 2024. With a staggering GDP per capita of $143,743, Luxembourg's wealth is nearly double that of the UK, where the...

At the Digital Agenda Cyprus Summit 2024, held on October 9 at the Nicosia Municipal Theatre, Exness CEO Petr Valov made a significant impact as he addressed key issues related to Europe's tech landscape. During his address, Valov emphasized the need to position Cyprus as a prominent player in the...

Elon Musk is projected to become the world's first trillionaire by 2027, largely driven by the remarkable rise in Tesla’s stock value. His net worth, estimated at around $265 billion as of last month, continues to climb, reflecting the stock market’s influence on his wealth. This trend has brought wealth...

According to the "World Innovation Index" published by CEOWORLD magazine, the United States ranks 7th in innovation, while China ranks 20th. The index considers factors such as patent applications, global brand value, hi-tech manufacturing, researchers per million population, corporate R&D investors, government R&D spending, university-industry R&D collaboration, knowledge-intensive employment, finance...

Employee engagement is one of the most used organizational metrics for the health of a company’s culture; however, CEOs are increasingly recognizing that only measuring engagement falls short of creating real cultural transformation. Why is that? Unfortunately, simply measuring and getting results about the level of worker engagement is not...

CEOs are still struggling to move the needle on employee wellbeing. Deloitte reports that while 90% of C-suite executives believe they promote workplace wellbeing, only 60% of employees agree. More worryingly, overall employee wellbeing declined in 2023, with 41% of global workers still experiencing daily stress, according to Gallup’s State...