Arne Schepker, CEO of the Berlin-based language learning platform Babbel, is stepping down, and co-founder and former CEO Markus Witte is stepping back into a leadership role during the search for Schepker’s successor, according to a statement from the company. Witte will not immediately assume the CEO position but will...

Atletico Madrid has announced a significant agreement with Riyadh Air, officially establishing the Saudi airline as the new naming rights sponsor for their stadium. The deal, one of the largest in sports history, rebrands the stadium as the Riyadh Air Metropolitano and represents a major extension of the partnership between...

The Club World Cup, once a smaller tournament featuring only 6-7 teams and starting directly in the knockout stages, is undergoing a major transformation. The 2025 edition will expand to include 32 teams, adopting a structure reminiscent of the old Champions League format. Held every four years, qualification will be...

Sarath Ratanavadi has solidified his position as Thailand's wealthiest individual, driven by the anticipated completion of the merger between his energy and telecom companies. His net worth has soared to over $16 billion, reflecting an increase of approximately $7 billion in just three months. This significant rise followed a 52%...

Australia’s richest woman, Gina Rinehart, continues to expand her wealth, driven by a staggering property portfolio that spans from vast cattle stations to luxurious real estate. As a mining magnate with a fortune exceeding $34 billion, Rinehart has built a sprawling empire that keeps her cash flow booming. One standout...

Johannesburg, South Africa’s largest city and economic center, is facing a growing crisis in basic service delivery, highlighting a stark contrast between its wealth and the deteriorating conditions endured by its residents. Despite being home to numerous multinational headquarters, major financial institutions, and Africa’s largest stock exchange, the Johannesburg Stock...

Corporate board directors play a vital role in overseeing the direction and success of the companies they govern. Directors provide strategic oversight, foster accountability, and ensure the company operates in the best interests of both shareholders and stakeholders. With an ever-increasing range of strategic decisions that a board must oversee,...

In a world where businesses and teams are often weighed down by complexity, simplicity stands out as a cornerstone of effective leadership. It's not just about doing things faster or cutting corners—it’s about making it easier for teams to succeed, reducing the barriers that slow them down, and creating a...

India’s 100 richest tycoons have set a new milestone, with their combined wealth surpassing the $1 trillion mark for the first time. This surge in wealth was driven by investor optimism following Prime Minister Narendra Modi’s third-term victory in June, achieved with the support of a coalition. The stock market...