Close Brothers Group Plc has announced the appointment of Mike Morgan as its new Chief Executive Officer, following Adrian Sainsbury’s decision to step down to focus on his health. The London-based financial services company confirmed that Sainsbury, who had earlier taken a temporary medical leave, is recovering well and is...

Piramal Pharma saw a 1.70% uptick in its stock price, closing at $2.94, as the board announced the appointment of Sai Ramana Ponugoti as the Chief Executive Officer of its India Consumer Healthcare (ICH) division, effective January 6, 2025. This move marks a strategic step forward for the company as...

At CES 2025, Nvidia CEO Jensen Huang presented a groundbreaking keynote that emphasized the company’s push into robotics and automotive technology as pivotal growth areas. Addressing an enthusiastic audience, Huang outlined Nvidia’s vision to extend its influence beyond gaming and artificial intelligence into sectors poised to transform industries worldwide. Huang...

Nippon Steel’s Chief Executive Officer, Eiji Hashimoto, reaffirmed the company’s determination to pursue its $14.9 billion acquisition of U.S. Steel, despite the Biden administration's recent decision to block the merger. On Monday, Nippon Steel and U.S. Steel jointly filed lawsuits challenging the decision, claiming it violated their right to an...

Sierra Space announced the unexpected retirement of its Chief Executive Officer, Tom Vice, a development that has surprised many within the aerospace sector. In a statement issued on January 6, the company confirmed that Vice stepped down at the end of 2024 after three and a half years in the...

Singapore-based asset management firm Paragon Capital Management has established its first overseas office in Hong Kong, joining the wave of foreign money managers seeking to serve affluent clients in the financial hub. The firm, which oversees $880 million in assets, announced on Tuesday that it had received licensing from Hong...

Meta founder Mark Zuckerberg reclaimed the title of the world’s third-richest person on Monday, surpassing Oracle founder Larry Ellison. The two tech billionaires had alternated between third and fourth place in the wealth rankings as recently as Friday. Zuckerberg’s net worth climbed by more than 4% to $217.7 billion following...

Travelers to the U.K. from the U.S., Canada, and over 30 other countries must now obtain an Electronic Travel Authorization (ETA) before their trip, as a new policy takes effect this week. The pre-authorization system, implemented by the U.K. government, aims to streamline border procedures for visitors from countries that...

Denise Coates, the Chief Executive Officer of Bet365 and one of the wealthiest women in Britain received a significant pay cut last year, reducing her total earnings by 45%. Despite this reduction, Coates still took home a package valued at over $188 million for the fiscal year ending March 2024....