Expedia Group closed out 2024 on a high note, with new Chief Financial Officer Scott Schenkel describing the company’s fourth-quarter and full-year financial results as a strong performance with a solid finish. Speaking to analysts on Thursday night, shortly after assuming his new role, he highlighted key growth drivers across...

Xiaomi (HKG: 1810, OTCMKTS: XIACY) is accelerating efforts to expand its electric vehicle (EV) production capacity as delivery wait times remain lengthy. Lei Jun, the company’s founder, chairman, and CEO, shared on Weibo that he had visited Xiaomi’s EV factory to discuss strategies with the manufacturing team on increasing capacity...

Georges Elhedery, the newly appointed chief executive of HSBC, could receive a maximum compensation package exceeding $18.7 million under a proposed remuneration plan being discussed with the bank’s largest shareholders. HSBC’s remuneration committee is currently gauging investor sentiment on a potential restructuring of Elhedery’s pay, which would involve reducing his...

European Commission President Ursula von der Leyen is set to meet with industry leaders on February 26 to reassure top European manufacturers that the European Union will take action to enhance competitiveness during its ambitious green transition. The meeting is expected to take place after the EU’s executive branch unveils...

Bill Gates, Melinda French Gates, and Warren Buffett have collectively contributed nearly $100 billion to the Gates Foundation, underscoring their deep commitment to philanthropy. The foundation’s records indicate that between its inception in 2000 and the end of 2023, Gates and French Gates donated $59.5 billion, while Buffett, the CEO...

Johan Rupert, South Africa’s wealthiest individual and currently the richest person in Africa, has experienced a significant surge in his net worth, increasing by $2.7 billion within a single month. At the start of January, Rupert’s fortune was valued at $11.3 billion, reflecting December’s assessment of Africa’s richest individuals, as...

S4 Capital CEO Martin Sorrell has been relentless in his critique of the Omnicom-IPG merger, treating it as an easy target for scrutiny. Since the deal was announced, he has consistently questioned Omnicom’s reasoning, repeatedly casting doubt on whether the acquisition makes financial sense. His latest remarks came at the...

Francoise Bettencourt Meyers, heir to the L’Oréal cosmetics empire and Europe’s wealthiest woman, is set to retire from her position on the company’s board, passing her vice chairmanship to her son, Jean-Victor Meyers. Her seat on the board will be taken by Alexandre Benais, the deputy CEO of Téthys Invest,...

I see it happening over and over again. Too many organizations wait until problems explode into crises before taking action. In my latest book PROACTIVE Problem Solving, I challenge this reactive mindset with a methodology that transforms how organizations anticipate and solve challenges before they become emergencies. This systematic approach...