Business confidence among CEOs of multinational corporations in China has seen a marginal improvement over the past six months, according to the latest Conference Board Measure of CEO Confidence™ for China. This semi-annual survey, which includes CEOs from predominantly US and European multinational companies operating in China, revealed an increase...

This week, Samsung Electronics Chairman Jay Y. Lee engaged in strategic discussions with top executives from Meta, Qualcomm, and Amazon, aiming to forge new collaborations in artificial intelligence, cloud computing, and semiconductor technology. The South Korean tech leader announced on Thursday that Lee's meetings were centered on strengthening partnerships with...

Swiss dairy leader Emmi Group has announced its plan to purchase Lucerne-based coffee roaster Hochstrasser, aiming to enhance its Emmi Caffè Latte ready-to-drink (RTD) coffee line. Since 2004, Hochstrasser has been the coffee supplier for Emmi Caffè Latte, which is available in seven European markets, including Switzerland, France, and the...

In a highly contested referendum, Tesla shareholders have approved a $45 billion compensation package for CEO Elon Musk. The result, announced on Thursday, marks a significant moment as Musk defends the largest-ever pay deal for a US-listed company's executive. This outcome follows a Delaware judge's decision in January to nullify...

We live in an interconnected world, and staying in touch with others around the globe has become more critical than ever. There has been an increase in the number of people who can work from anywhere in the world post-pandemic. Many employees realized that “work from home” could mean “work...

Bank executives are eager to integrate generative AI into their operations to stay competitive, but they face resistance from employees, according to a global study by IBM. The study reveals that 60% of banking and financial markets chief executives are accelerating AI adoption faster than their employees are comfortable with....

DHL Australia has been honored for its exemplary workplace culture following a comprehensive survey by Great Place To Work (GPTW), an organization renowned for assessing workplace environments. This year, DHL achieved GPTW certification through a collaborative effort encompassing its four business units: DHL eCommerce, DHL Express, DHL Global Forwarding, and...

A forthcoming Bentley University-Gallup poll reveals that 83% of Americans believe it is crucial for businesses to minimize the pay gap between CEOs and average employees, with 56% considering the issue "extremely important." However, only 13% feel that companies are currently doing a good job in this regard, and 66%...

Global CEO Laura Maness has announced Sarah Trombetta as the new CEO for Grey's APAC region, effective immediately. Trombetta, who previously led Grey Hong Kong from 2016 to 2019 and currently serves as AMEA chief client officer for P&G at Grey and WPP, will now oversee Grey's operations across APAC....