“The manufacturing sector is under immense pressure to innovate and modernize its operations,” according to Info-Tech Research Group, an IT service management firm. At the forefront of the innovation and modernization of the manufacturing sector is Alexander Stone, a production manager at Hod Assaf Industries Ltd., an Israeli steel fabricator....

Booking Holdings' short-term rental business has been growing at a faster rate than Airbnb’s, and CEO Glenn Fogel aims to maintain this momentum. Fogel emphasized the importance of the short-term rental market to the company’s overall strategy, stating that the home sector plays a critical role in its business model....

Anne Wojcicki, co-founder and CEO of 23andMe Holding Co. has reiterated her commitment to taking the genetic testing company private following the resignation of its independent board members. In a memo to employees, Wojcicki expressed her belief that removing 23andMe from the pressures of public markets would offer the best...

In a surprising development, Michael Conway, the CEO of Starbucks North America, has stepped down after just six months in the role. Conway, who assumed the position in April, informed the company of his decision last week, as indicated in a recent filing with the Securities and Exchange Commission. He...

Ascot Group Limited, a global specialty insurance firm headquartered in Bermuda, has announced the appointment of Kewsong Lee as the new Chairman of its Board of Directors. Lee, the founder and CEO of BellTower Partners, will take over from Neill Currie, who transitions into the role of Independent Director. With...

A consortium of major companies, including Microsoft and BlackRock, has announced plans to raise up to $100 billion to fund the development of data centers designed for artificial intelligence (AI) and the energy systems needed to support them. This initiative, known as the Global Artificial Intelligence Infrastructure Investment Partnership (GAIIP),...

The Consumer Goods Forum (CGF) has announced the appointment of Nathalie Roos, CEO of Lipton Teas and Infusions, and John Ross, CEO of IGA, as the new Sponsors of the Human Rights Coalition (HRC). Both executives will now take an active role in advancing the Coalition’s mission to safeguard and...

Goldman Sachs has named Rob Drake-Brockman as the new CEO of its Singapore office, underscoring the growing importance of the city-state to the Wall Street firm. In addition to his new role, Drake-Brockman will continue to serve as head of equities distribution and execution for the Asia-Pacific region. He succeeds...

Bill Gates, tech billionaire and philanthropist, has called on wealthier countries to increase their support for African nations. Speaking during the release of the Bill & Melinda Gates Foundation's annual Goalkeeper's report, Gates expressed concern over the decreasing flow of development funds to Africa, as financial resources are increasingly directed...