The global economy has steadied following years of inflation-driven turbulence and is projected to grow at a 3.2% rate over the next two years, according to a report released by the Organization for Economic Cooperation and Development (OECD) on Wednesday. The report, titled "Turning the Corner," highlighted a steady decline...

Alhaji Aliko Dangote, the President and CEO of the Dangote Group, has called on the Nigerian government to take decisive action by eliminating fuel subsidies. He outlined the potential benefits of this move, emphasizing its importance for Nigeria's financial stability. Dangote highlighted that the removal of fuel subsidies would help...

Oil prices took a downturn on Thursday, reversing earlier gains, after reports surfaced that Saudi Arabia, the leading global crude exporter, was preparing to ease its focus on maintaining a price target, setting the stage for an increase in production. By mid-morning, Brent crude had declined by $1.27, or 1.7%,...

Wizz Air has faced significant opposition from its shareholders over plans to substantially increase CEO Jozsef Váradi’s compensation. The airline proposed a restricted share award for Váradi, equivalent to 300% of his rough $949,06 salary, sparking a backlash at its annual general meeting, where 34.42% of shareholders voted against the...

LVMH’s division overseeing Sephora and several iconic Parisian department stores is undergoing a significant leadership change, with its head stepping down at the end of October. The luxury conglomerate confirmed on Wednesday that Chris de Lapuente, who has been with the company for over a decade, will be retiring on...

A recent PwC CEO survey revealed that 87% of CEOs have either completed, are running, or are planning at least one transformative IT project, with 76% committed to investing in cloud infrastructure, data, and AI this year. Despite this clear commitment to IT investments, the question remains: how much of...

NIQ, in collaboration with World Data Lab experts, has released a groundbreaking generational spending report focused on Gen Z. The "Spend Z" report leverages NIQ's extensive data and insights into consumer spending, showcasing their expertise in this domain. The report identifies Gen Z as the largest generation, comprising 2 billion...

Mark Zuckerberg, co-founder and CEO of Meta Platforms, has officially reached a staggering net worth of $200 billion, placing him in the elite circle of the world’s wealthiest individuals. He now stands alongside Amazon's Jeff Bezos and Tesla's Elon Musk, who are among the only three people globally to have...

Shamus McGuire is a distinguished healthcare executive with over 28 years of experience, known for his strategic leadership and innovative approach to improving healthcare systems. Based in Randolph, New Jersey, McGuire has held numerous high-level positions, including Vice President of Specialty Pharmacy Strategy at Prime Therapeutics, where he spearheaded efforts...