In anticipation of his youngest son Anant Ambani's forthcoming nuptials, Mukesh Ambani, Asia's wealthiest individual, extended his philanthropy by gifting gold jewelry and monetary checks to 52 disadvantaged couples during a large-scale wedding ceremony. The event was hosted on July 2 at Reliance Corporate Park in Thane City, with approximately...

Eric Grégoire has been appointed as the new CEO of Scandlines, effective July 8. The executive management team now includes CEO Eric Grégoire, COO Michael Guldmann Jensen, and CFO Mikael Koch. Grégoire previously served as CEO of Goodpack in Singapore and has a notable history in business process improvements with...

A recent economic analysis by Qatar National Bank (QNB) reveals that major ASEAN economies exhibit robust resilience to abrupt shifts in risk sentiment and capital flows. The focus was on Indonesia, Thailand, Malaysia, and the Philippines, examining their external vulnerabilities through their financing needs and foreign exchange (FX) reserves. Countries...

Bitfarms has announced the appointment of Ben Gagnon as its new Chief Executive Officer, signaling a strategic shift aimed at diversifying its operations beyond Bitcoin mining. Previously serving as Chief Mining Officer, Gagnon has been instrumental in Bitfarms' ascent within the Bitcoin mining sector. With his comprehensive experience, he is...

Launched in 2010, the Green Commodities Programme (GCP) has been crucial in driving significant changes in sustainable agricultural production, with an emphasis on societal, economic, and environmental impact. Building on the success of the previous two phases, the renewed collaboration between the United Nations Development Programme (UNDP) and the Swiss...

Recent financial data from Roy Morgan's Wealth Report indicates that Macquarie Bank boasts the wealthiest customers among the larger banks, with a per capita net wealth of $943,000 as of March 2024. Macquarie's clientele not only enjoy higher incomes than those of other major banks but are also more likely...

By 2025, reaching the top 2% of wealth in the United States will require a net worth of around $2.7 million, signifying an elite economic status. In contrast, a recent Schwab Modern Wealth Survey indicated that Americans generally consider $2.2 million as the threshold for feeling wealthy. Net worth, a...

Justin Bieber, the famous pop star, entertained some of India's most notable celebrities during the ongoing wedding celebrations for Anant Ambani, son of Asia's wealthiest individual, Mukesh Ambani. The festivities are part of a series of extravagant events leading up to the three-day Hindu ceremony scheduled to begin on July...

Amidst the considerable hype around AI and its seemingly endless possibilities, the technology’s proponents and critics alike can be prone to embellishment – making the extent of its investment potential difficult to ascertain. ‘Revolutionising’. ‘Unbiased’. ‘Productivity gains’. ‘Impersonal’. ‘Unethical’. ‘Make humans obsolete’. All these and more have been attributed to...