China's top four tech moguls, with a collective net worth of $165 billion, have established their companies as global powerhouses in e-commerce, social media, and online gaming, according to New Fortune magazine. Colin Huang, the founder and CEO of Pinduoduo, is the wealthiest figure in China's tech industry, with a...

The global economy is showing signs of stabilization, with growth steadying for the first time in three years, inflation reaching its lowest point in three years, and improving financial conditions suggesting a potential "soft landing." However, this optimistic outlook belies a more concerning reality: over four years since the onset...

Senegal officially joined the ranks of oil-producing nations, with the extraction of the first barrels from the Sangomar field off the coast of Dakar on June 10. This $5 billion project aims to produce 100,000 barrels per day. Ameth Guisse, CEO of Maak Petroleum Company, believes this will reduce energy...

Indosuez Wealth Management, the global wealth management brand of Crédit Agricole Group, has announced the appointment of Michaël Kofman as Chief Executive Officer and Hong Kong Branch Manager, effective September 1, 2024. Kofman will succeed Olivier Livenais, who has held the role since early 2020. Kofman will oversee Indosuez's wealth...

Nvidia Corp (NASDAQ) recently reported that its President and CEO, Jen-Hsun Huang, sold a significant portion of his company stock, as per a new SEC filing. The transactions occurred between June 20 and June 21, 2024, and involved shares valued at over $31 million. These stock sales were executed at...

Sony Pictures Networks India (SPNI) has announced the appointment of Gaurav Banerjee, the former content chief at Disney+ Hotstar, as its new Managing Director and CEO. Banerjee will succeed N.P. Singh is stepping down after 25 years in senior leadership roles at Sony's Indian division. Banerjee's appointment is set to...

BENEO GmbH has named Olivier Roques as its new CEO and a member of its executive Board of Directors, effective June 1. In addition to his CEO duties, Roques will take on the role of Chief Sales Officer, succeeding Dominic Speleers. This appointment coincides with a pivotal moment for BENEO...

Cryptocurrency has seen a significant rise in popularity, with global ownership increasing from 432 million to 580 million in 2023, according to Crypto.com. While some nations have attempted to regulate this technological advancement, others have embraced and supported the burgeoning industry. Leading the charge is Argentina, renowned for its high...

Shanghai-based luxury fashion conglomerate Lanvin Group has named Regis Rimbert as the new CEO of Wolford AG, effective June 14. This appointment follows the departure of Silvia Azzali, who resigned for personal reasons and was approved by Wolford AG's supervisory board. In his new position, Rimbert will oversee the strategic...