Various developing countries on a continuous basis, undergo assorted economic crises. To overcome these crises and garner economic development, entrepreneurship is the key path for adoption. Therefore, several countries are taking effective steps in this direction by providing the infrastructure needed for entrepreneurship. This includes initiatives on setting up incubators,...

Maintaining America’s innovation edge is crucial, but bureaucratic excesses at the federal level could slow us down. As Steve Jobs, founder of Apple, once said, “Innovation distinguishes between a leader and a follower.”   To maintain the United States’ position as a technological superpower, bipartisan cooperation is needed to redesign our...

Swiss bank UBS Group AG tapped former boss Sergio Ermotti to manage its takeover of Credit Suisse Group AG: This week, UBS chair Colm Kelleher replaced CEO Ralph Hamers with his predecessor Sergio Ermotti. Ermotti, who was previously CEO of UBS from 2011 to 2020 and is now chairman of...

With $5.5 trillion in assets, Industrial and Commercial Bank of China Limited is the largest bank in the world, as measured by total assets. Given its size and dominance, it’s no surprise that ICBC China has earned high marks for financial stability and profitability. To find the largest banks in...

As of March 31, 2023, with a net worth of roughly $226.9 billion, Bernard Arnault is the wealthiest person in the world, followed by Elon Musk (No. 2, $200.7 billion), Jeff Bezos (No. 3, $126.0 billion); and Larry Ellison (No. 4, $117.1 billion). Bill Gates is the fifth-richest person globally,...

As of March 31, 2023, with a net worth of roughly $89.8 billion, L’Oréal heiress Francoise Bettencourt Meyers is the wealthiest woman in the world, followed by Alice Walton (No. 2, $60.0 billion), Julia Koch (No. 3, $59.0 billion); and Jacqueline Mars (No.4,$38.3 billion) Miriam Adelson is the fifth-richest woman...

As of March 31, 2023, James Ratcliffe was the wealthiest person in the United Kingdom, with an estimated net worth of 23.4 billion U.S. dollars, followed by Michael Platt (No. 2, $16.0 billion), James Dyson (No. 3, $9.5 billion) and John Reece (No. 4, $7.8 billion). Andrew Currie is the fifth-richest...

As of March 31, 2023, Murat Ulker was the wealthiest person in Turkey, with an estimated net worth of 5.0 billion U.S. dollars, followed by Ibrahim Erdemoglu (No. 2, $4.9 billion), Ali Erdemoglu (No. 3, $4.3 billion); and Ferit Faik Sahenk (No. 4, $2.8 billion). Semahat Sevim Arsel is the fifth-richest...

As of March 31, 2023, Gianluigi Aponte was the wealthiest person in Switzerland, with an estimated net worth of 31.2 billion U.S. dollars, followed by Ernesto Bertarelli (No. 2, $9.5 billion), Ivan Glasenberg (No. 3, $9.0 billion); and Guillaume Pousaz  (No. 4, $7.2 billion). Magdalena Martullo-Blocher is the fifth-richest person in Switzerland, with a...