In a highly contested referendum, Tesla shareholders have approved a $45 billion compensation package for CEO Elon Musk. The result, announced on Thursday, marks a significant moment as Musk defends the largest-ever pay deal for a US-listed company's executive. This outcome follows a Delaware judge's decision in January to nullify...

We live in an interconnected world, and staying in touch with others around the globe has become more critical than ever. There has been an increase in the number of people who can work from anywhere in the world post-pandemic. Many employees realized that “work from home” could mean “work...

Bank executives are eager to integrate generative AI into their operations to stay competitive, but they face resistance from employees, according to a global study by IBM. The study reveals that 60% of banking and financial markets chief executives are accelerating AI adoption faster than their employees are comfortable with....

DHL Australia has been honored for its exemplary workplace culture following a comprehensive survey by Great Place To Work (GPTW), an organization renowned for assessing workplace environments. This year, DHL achieved GPTW certification through a collaborative effort encompassing its four business units: DHL eCommerce, DHL Express, DHL Global Forwarding, and...

A forthcoming Bentley University-Gallup poll reveals that 83% of Americans believe it is crucial for businesses to minimize the pay gap between CEOs and average employees, with 56% considering the issue "extremely important." However, only 13% feel that companies are currently doing a good job in this regard, and 66%...

Global CEO Laura Maness has announced Sarah Trombetta as the new CEO for Grey's APAC region, effective immediately. Trombetta, who previously led Grey Hong Kong from 2016 to 2019 and currently serves as AMEA chief client officer for P&G at Grey and WPP, will now oversee Grey's operations across APAC....

Peaceful societies enjoy not only higher income growth and stronger currencies but also greater political stability and increased happiness among their citizens. These societies also attract higher levels of foreign investment. The economic toll of violence on the global economy is staggering: in 2023, it amounted to $19.1 trillion in...

After years of delays, Woodside has commenced oil extraction from the Sangomar offshore field, located approximately 100 kilometers south of Dakar. The floating production facility boasts a storage capacity of 1.3 million barrels and operates at a depth of 780 meters. It is projected to produce between 100,000 and 125,000...

The Gender Gap Index, now in its 18th edition, evaluates 146 countries. The global gender gap in 2024 stands at 68.6%, showing a marginal improvement of 0.1 percentage points from the previous year. The slow pace of progress suggests that achieving full parity will take 134 years or approximately five...