Vale (NYSE: VALE) has appointed its Chief Financial Officer, Gustavo Pimenta, as the new Chief Executive Officer, following a contentious succession process that saw the departure of board members amid allegations of political meddling. The decision to promote Pimenta was unanimously approved by the board, according to a company filing....

Dubai International Financial Centre (DIFC) has solidified its reputation as a premier financial hub in the Middle East, Africa, and South Asia (MEASA) region, attracting some of the world's wealthiest families and individuals. Housing over 120 affluent families and individuals with a collective net worth exceeding $1 trillion, DIFC has...

The Paris Paralympics will kick off on Wednesday night with a spectacular opening ceremony that will see thousands of athletes parading through the city’s most iconic landmarks. An estimated 65,000 spectators are expected to line the streets as athletes from over 180 countries march along the famed Champs-Elysees, culminating at...

The European Commission has put forward a proposal to provide more than $1.12 billion (€1 billion) in financial assistance from the EU Solidarity Fund (EUSF) to aid Italy, Slovenia, Austria, Greece, and France in recovering from the devastating floods that struck these nations in 2023. The proposed aid package includes...

Nearly 40% of non-EU nationals who obtained work permits in Bulgaria have moved on to other European Union nations, according to data from the Ministry of Interior. This ongoing issue has prompted Bulgarian authorities to explore new regulations for employing third-country workers. The problem came into the spotlight after seasonal...

In a powerful display of solidarity, 14 African nations, along with several key partners, have pledged more than $45 million to support the World Health Organization (WHO) through its new Investment Round. This initiative, which is only three months old, is designed to secure sustainable funding for WHO, a cornerstone...

Across the U.S. and the U.K., concerns are mounting about inadequate savings for retirement. In the U.S., a recent AARP survey revealed that nearly 20% of adults aged 50 and older have no retirement savings at all. Policymakers have long favored strategies like automatic enrollment and auto-escalation in retirement plans...

A recent survey reveals that younger adults are increasingly viewing homeownership as a key financial goal, often placing it above other major life events. Houseful, a real estate technology platform owned by the Royal Bank of Canada, conducted the survey and found that 78% of single and unmarried first-time homebuyers...

The landscape of international education is undergoing a significant transformation as traditional powerhouses like the United Kingdom, Canada, and Australia implement policy changes that are reshaping student mobility. These shifts are not only influencing where students choose to study but are also opening the door for emerging destinations to gain...