Bernard Arnault, CEO of luxury giant LVMH and France’s wealthiest individual, has expanded his media holdings with the acquisition of Paris Match, bringing the iconic magazine under his growing empire. The deal, announced on Tuesday, also includes other notable publications, such as Le Journal du Dimanche, which had been overseen...

Chief executives in Canada are becoming increasingly concerned about the state of the domestic economy, although most remain optimistic about their companies' prospects over the coming years, according to a recent survey commissioned by KPMG. Nearly 60 percent of Canadian CEOs identified economic uncertainty as their most significant challenge, a...

Nvidia’s artificial intelligence (AI) chips are seeing unprecedented demand, according to CEO Jensen Huang, who characterized the surge as overwhelming during a recent televised appearance. Huang's remarks came during an interview, where he discussed Nvidia's extended collaboration with IT consulting giant Accenture. The two companies announced a joint effort to...

Dr. Ralph de la Torre has reportedly resigned from his role as CEO of Steward Health Care and has filed a lawsuit against Sen. Bernie Sanders, I-Vt., the chairman of the Committee on Health, Education, Labor, and Pensions (HELP), as well as other committee members. De la Torre is seeking...

The global supply of direct reduced iron (DRI), hot briquetted iron (HBI), and pig iron is expected to see a steady rise in the coming years. Yuriy Ryzhenkov, the CEO of Metinvest Group, conveyed this insight during the Siderweb 2024 forum held on September 26 in Vicenza, Italy. At present,...

The International Air Transport Association (IATA) announced that 100 airline CEOs have now pledged their commitment to the IATA Safety Leadership Charter since its introduction at the 2023 IATA World Safety and Operations Conference. The most recent addition to this list, Aer Lingus CEO Lynne Embleton, was confirmed during the...

The major challenges facing European rail transport and mobility were the central focus of the European Management Committee (EMC) meeting of the Union Internationale des Chemins de Fer (UIC), chaired for the first time by Stefano Donnarumma, CEO and General Manager of the FS Group. Held in Berlin on the...

Boeing’s largest union urged the company’s newly appointed CEO, Kelly Ortberg, to play a more active role in resolving a labor dispute that has led to a strike involving approximately 33,000 workers on the U.S. West Coast. The request comes after Boeing cut healthcare benefits for the striking employees. Ortberg,...

The Saudi Reinsurance Company has officially named Ahmed Al-Jabr as its new Chief Executive Officer, effective October 1, succeeding Fahad Al-Hesni. Al-Jabr brings with him 25 years of extensive experience in the insurance and reinsurance industries, having held various executive roles in operations, strategy management, and business development throughout his...