As of February 12, 2023, Amancio Ortega was the wealthiest man in Spain, with an estimated net worth of 74.1 billion U.S. dollars, followed by Sandra Ortega Mera (No. 2, $6.7 billion), Rafael Del Pino (No. 3, $4.5 billion); and Juan Roig  (No. 4, $3.6 billion). Miguel Fluxa Rossello is the fifth-richest person in Spain,...

As of  February 12, 2023, Jay Y. Lee was the wealthiest man in South Korea, with an estimated net worth of 8.6 billion U.S. dollars, followed by Seo Jung-jin (No. 2, $6.5 billion),  Kim Beom-su (No. 3, $6.0 billion); and Kwon Hyuk-bin (No. 4, $5.3 billion). Hong Ra-hee is the fifth-richest person in...

Bill Anderson will become new Chief executive officer (CEO) of the German pharmaceuticals and chemicals giant Bayer. Anderson, who stepped down as the head of Roche’s pharma division late last year, will join Bayer’s board in April. His appointment as CEO becomes effective June 1, 2023. Bayer's incumbent CEO Werner...

Invesco Ltd. (IVZ), an investment management firm, said on Wednesday that it has appointed its Senior Managing Director and Head of the Americas, Andrew Schlossberg, as Chief Executive Officer with effect from June 30. Schlossberg will succeed Marty Flanagan. Mr. Schlossberg has been in the asset management industry since 1996...

According to the U.S. Bureau of Labor Statistics, there were 10.5 million job openings in November 2022. Unfortunately, this number indicates that employers are still struggling to source, attract, and hire workers. Much has been said about the Great Resignation creating a buyers' market. That means that competition for high-quality...

"Generative AI represents the future of innovation, where machines not only automate tasks, but also generate new ideas and solutions." - ChatGPT  Yes, ChatGPT gave me the above when I asked for a quote on Generative AI, and I believe it to be true.  ChatGPT, a natural language processing tool created...

Purpose has become a buzzword, with many organizations only paying lip service to the idea without putting any real effort into fulfilling it. Purpose is simply an intent, and without action to back it up it's not enough to create real change. The problem with solely focusing on purpose is...

Although the United States isn’t in an official recession, the economic environment is still rife with challenges for both businesses and lenders. The money supply is shrinking and economic growth is coming to a standstill. As a result, companies are struggling to secure financing.  According to Jason Colodne, Co-Founder and...

As the world continues to weigh its demands for energy against the creeping realities of man-made climate change, Africa has been thrust into a precarious situation, according to energy expert NJ Ayuk.  Across the globe, wealthy nations are constantly devouring more fossil fuels like coal and oil while simultaneously pushing...