A new report by the World Economic Forum, "Fostering Effective Energy Transition 2024," highlights the urgent need for transformative changes in energy supply, demand, and distribution. To limit global warming to 1.5°C, emissions must decrease by approximately 7% annually, a stark contrast to the current annual increase of 1.5%. Energy-related...

Asian countries are set to dominate the future of ethylene production, with China and India together contributing over 42% to the global capacity expansions. China is projected to maintain its leading position in the global ethylene market due to its significant demand and production rates. As the foremost producer of...

The future of energy may depend on technology originally developed for the video game industry, according to NVIDIA's CEO Jensen Huang. During a keynote session at the Edison Electric Institute's (EEI) 2024 conference in Las Vegas, Huang highlighted how his company, founded over 30 years ago to enhance gaming experiences...

The recent EY CEO Outlook Pulse Survey highlights the confidence of Indian CEOs in leveraging artificial intelligence (AI) for business growth. Indian CEOs anticipate that technology, particularly AI, will drive productivity and shape their investment strategies. Despite maintaining caution regarding the broader economic landscape, including geopolitical tensions, capital market stability,...

A significant transformation is underway in Thai family-owned businesses as they transition leadership and embrace generative AI (GenAI). This pivotal moment represents not just a leadership change but a strategic shift towards adopting innovative technology to secure future success. The latest survey of PwC indicates that Thai NextGen leaders have...

Consulting Engineers South Africa (Cesa) unveiled its latest Bi-Annual Economic and Capacity Survey (BECS) on Tuesday, revealing a significant 22% drop in industry activity from July to December 2023, reaching its lowest point since 2019 at a level of 32. This downturn continued into early 2024, with further declines to a...

Segun Ogunsanya, the outgoing CEO of Airtel Africa, has been awarded the Lifetime Achievement Award at the 14th African Business Leadership Awards (ABLA) 2024. This prestigious event, organized annually by Africa Leadership Magazine (ALM), celebrates excellence in corporate practices and leadership within Africa's business sphere. Ogunsanya will be presented with...

In the first half of 2024, all South African billionaires experienced an increase in their net worth despite a turbulent start to the year. The top six wealthiest individuals in the country have collectively gained $4.6 billion. However, this increment is minor compared to their combined wealth, now estimated at...

Following a 3% rise in Nvidia's stock on June 18, Huang's net worth jumped over $4 billion, reaching around $119 billion.  This achievement represents Huang's highest ranking to date, largely due to Nvidia's ascent as the most valuable public company globally, driven by the burgeoning artificial intelligence sector. Huang holds...