After two years at the helm, Rajalingam Subramaniam, widely recognized in Malaysia’s shipping industry as Captain Raja, has decided to step down from his role as president and CEO of MISC Berhad, the nation’s leading shipping company. This unexpected decision marks a significant leadership transition for one of the world’s...

Environmental advocates are intensifying their efforts to spotlight the climate emergency, often underscoring the significant role of the world's affluent individuals in worsening the planet's condition. Recently, they directed their attention towards Leo Messi's Ibiza villa, which was defaced with graffiti. Activists consistently criticize the richest people globally, such as...

A new World Bank study highlights the significant obstacles faced by over a hundred nations—including China, India, Brazil, South Africa, and Thailand—in their efforts to transition to high-income economies in the coming decades. The report, titled "World Development Report 2024: The Middle Income Trap," offers a detailed analysis and strategic...

The board of Qantas has decided to reduce former CEO Alan Joyce’s final remuneration by over $6 million, citing significant damage to the airline's reputation due to certain decisions made during his tenure. On 8 August, the board announced that Joyce would not receive the full $15.5 million payout despite...

Grace Wee Jingsi, the youngest daughter of United Overseas Bank Ltd.'s CEO, Wee Ee Cheong, is set to purchase a luxurious $29 million mansion, capitalizing on a temporary dip in Singapore's high-end real estate market. According to property filings from March, Wee is buying a prestigious "good class bungalow" located...

Entrepreneurs involved in casino ventures have secured prominent positions in the list of the wealthiest individuals in the Philippines. According to a Thursday press release, Enrique Razon Jr., a notable figure in the ports and casino sectors, has climbed to the second spot for the first time. Despite a $1.4...

Zūm, a leader in modern student transportation, has released the 2024 results from its annual Student Transportation Report Card. This survey captures parents' views on the American school bus system. The survey data were collected by Zūm via Pollfish, an online survey platform, from June 26-27, 2024. A total of...

A recent study commissioned by the European Union and United Nations reveals that several Georgian economic sectors are well-positioned to expand exports to Europe. The report, titled “Georgia’s Economy Sectors with High Growth and Export Potential,” suggests a strong desire among Georgian businesses to engage with European markets, despite concerns...

Clarivate Plc (NYSE: CLVT), a leading global provider of transformative intelligence, has announced that its Board has appointed Matti Shem Tov, former CEO of ProQuest, as the company’s next CEO, effective August 9, 2024. In addition to his role as CEO, Shem Tov will join Clarivate’s Board of Directors. Jonathan...