Footballers' salaries and sponsorship deals continue to skyrocket, particularly in the Premier League, where TV revenues are soaring, and fifteen out of twenty clubs are owned by billionaires. While many players are content to live off their substantial earnings, others leverage their income to build even greater wealth through business...

79% of CEOs in the Asia-Pacific (APAC) region consider sustainability a prime business growth opportunity for 2024, according to a Gartner survey. This figure surpasses the global average, where 69% of CEOs deem sustainability crucial to their business strategies. The survey underscores that sustainability has become a top business priority,...

Mohammed Al-Turki is stepping down from his role as CEO of Saudi Arabia's Red Sea Film Foundation, which oversees the region's premier film festival and plays a crucial role in the kingdom's burgeoning film and TV industry. As the search for a permanent successor is conducted, Mohammed Asseri, a former...

A wave of high-profile CEO departures is sweeping through major companies. Boeing's Dave Calhoun, who became well-known during the 737 Max crisis, is set to exit the company by the end of the year. Additionally, Chairman Larry Kellner will not seek reelection, and Stan Deal, CEO of Boeing's commercial airplanes...

Doug Worman, currently executive vice president and global head of underwriting at CNA Financial Corporation, will assume the roles of president and chief executive starting next year. The transition will involve the current chairman and CEO, Dino E. Robusto, moving to the position of executive chairman. In his new role...

Héctor Enrique Luján Valladolid will take on the role of Chief Executive Officer at Hortifrut, effective July 1, 2024, following a thorough international search. Luján will oversee the company's global operations and will initially be based in the United States. Current CEO Juan Ignacio Allende will transition to a director...

The US economy is heavily reliant on consumer spending, which means it absolutely depends on businesses to identify and sell products that people want. For example, Fortune 500 companies generate a combined annual revenue of $18.1 trillion and employ over 30.4 million people, accounting for two-thirds of the US gross...

Introduced back in 1979, the Sikorsky UH-60 Black Hawk stands as the most widely utilized military aircraft globally. This four-blade, twin-engine, medium-lift utility military helicopter has persisted as a critical component in global military operations for nearly half a century. Its continued eminence underscores its effectiveness and reliability. The Black...

A recent study reveals an unprecedented increase in global wealth, driven by booming stock markets. The number of "high net worth individuals" (HNWIs), defined as those with liquid assets of at least $1 million, rose by 5.1% to 22.8 million in the past year, according to consulting firm Capgemini. The...