A recent survey conducted by the International Workplace Group (IWG) reveals that nine out of ten CEOs have embraced hybrid working models, leading to enhanced productivity and improved staff retention. The survey, which gathered responses from over 500 CEOs in Hong Kong, highlights several benefits associated with hybrid working, including...

For decades, South Korea has imposed an inheritance tax of up to 60% on the controlling shareholders of major companies like Samsung Electronics, compelling billionaire families to engage in complex financial maneuvers to meet their tax obligations. Now, these affluent families may soon see significant relief. President Yoon Suk-yeol plans...

Executive pay has become a contentious issue, largely due to the increasing disparity between the salaries of CEOs and average workers. Proponents of high CEO compensation argue that their leadership skills generate significant returns for investors, thus justifying their substantial paychecks. However, critics highlight that stock market returns have not...

Deezer has announced Alexis Lanternier as its new CEO, effective 2nd September 2024. Lanternier will take over from interim CEO Stu Bergen, who’ll continue to serve on Deezer’s Board of Directors. Bergen had stepped into the interim role in March following the departure of former CEO Jeronimo Folgueira. Based at...

Inflation is easing in several leading African economies, but Nigeria continues to face high consumer prices. The National Bureau of Statistics (NBS) reported that Nigeria’s headline inflation rose to 34.19% in June, up from 33.95% in May 2024. Conversely, South Africa, recognized by the International Monetary Fund as the continent's...

American athletes who secure gold medals this summer will be awarded $37,500 by the U.S. Olympic & Paralympic Committee. However, this amount is modest compared to the rewards given by other countries. Out of the 206 nations and territories participating in the Olympics, at least 33 will provide financial incentives...

Mark Arian, CEO of Korn Ferry Consulting, reported that 71% of U.S. CEOs experience "imposter syndrome." This statistic is based on a recent Korn Ferry survey of 10,000 global employees, which is part of the "Workforce 2024 Global Insights Report." The survey indicates that feelings of doubt at work are...

Global coal demand is projected to remain largely stable in 2024 and 2025, as increasing electricity needs in major economies counterbalance a gradual recovery in hydropower and the rapid growth of solar and wind energy, according to the International Energy Agency's (IEA) latest coal market report. In 2023, global coal...

Insignia Financial has named Dave Woodall as the CEO of its superannuation business, effective November 1. This move is part of the wealth manager's significant reorganization of its operational model and executive team. This appointment aligns with Insignia's recent restructuring, which organizes the company into four focused business lines: asset...