Unemployment in the UK is increasing at the fastest rate among 38 of the world's wealthiest countries, according to an analysis by the Trades Union Congress (TUC). This comes ahead of official labor market figures expected to show a further rise in joblessness. The TUC's examination of data from the...

NVIDIA, a leader in the AI chip industry, has surged past Apple to become the second most valuable publicly traded company globally, achieving a market capitalization exceeding $3 trillion. This milestone, recorded on June 6, 2024, positions NVIDIA right behind Microsoft. The company's meteoric growth in market value has elevated...

In its recent briefing, "Credible Contributions: Bolder Plans for Higher Climate Ambition in the Next Round of NDCs," the Energy Transitions Commission (ETC) emphasizes the need for increased collaboration between industry and government to enhance the ambition of the upcoming Nationally Determined Contributions (NDCs) by COP30. The report advocates that...

South Africa’s ordinary MPs are not quite top one-percenters when it comes to their salary—but they are getting closer and are by far some of the highest-paid people in the country. Going on monthly earnings, previous data compiled by Knight Frank showed that a 1% earner in South Africa is...

The BNB token, a cryptocurrency associated with Binance and its co-founder Zhao Changpeng, surged to a record high during the first week of Zhao's four-month jail sentence in the United States. This rally highlights Zhao's unique status as the wealthiest individual ever to serve time in a US federal prison....

Sundar Pichai, the CEO of Google, marks his 52nd birthday today. Born in 1972 in Madurai, Tamil Nadu, Pichai pursued metallurgical engineering at IIT Kharagpur. He later moved to the United States to earn a Master's in materials science and engineering from Stanford University, followed by an MBA, where he...

Founded in 1980 in Carros, Arkopharma specializes in phytotherapy, natural medicines, and dietary supplements. Recently, the European leader in this field announced Christophe Mossé as its new CEO. Christophe Mossé, with extensive experience in the pharmaceutical sector both in France and globally, is set to lead Arkopharma and oversee the...

Effective July 1, Lumax Industries has appointed Raju Bhauso as its new Chief Executive Officer, taking over from Vishnu Johri, who resigned for personal reasons. Johri will remain in the role until June 30. Raju Bhauso initially joined Lumax as Executive Director in October 2023. Raju Bhauso holds a Bachelor...

At 61 years old, Nvidia CEO Jensen Huang has ascended to the 13th spot on the global rich list, propelled by his instrumental role in advancing artificial intelligence (AI) semiconductor technology. With a 3.5% stake in Nvidia, totaling approximately 86.76 million shares, Huang has seen a meteoric rise in wealth...