Vietnam Technological and Commercial Joint Stock Bank (Techcombank) reported a net profit of nearly $851.96 million for the full year of 2024, marking a 19.56% increase from the $712.6 million recorded in 2023. According to its latest financial report, the bank achieved a pre-tax profit (PBT) of $1.09 billion, reflecting...

Saudi Aramco's chief executive, Amin Nasser, recently shared his perspective on the state of the oil market, expressing confidence in its overall health. He projected a rise in global oil demand by an additional 1.3 million barrels per day (bpd) this year, bringing the total to nearly 106 million bpd,...

Su Tong, founder and CEO of Hylink Digital Solutions, has stepped down from his role following allegations of market manipulation. Hylink, China’s largest independent full-service digital advertising agency and a publicly traded company on the Shanghai Stock Exchange confirmed his resignation. The company stated that the decision was made to...

Youngtimers has announced the appointment of Ben Cheng as its new Chief Executive Officer, succeeding Renger van den Heuvel. Cheng will be responsible for steering the company’s strategic direction and driving growth in the wake of its acquisition of C Capital Group. C Capital, an investment firm founded by Hong...

Telia Lietuva has announced that its CEO, Giedrė Kaminskaitė-Salters, has been appointed Vice President at the Swedish telecommunications firm Telia Company. Effective 1 February 2025, she will join the Group Executive Management team while continuing to lead Telia Lietuva. In her expanded role, she will oversee Telia’s Baltic markets. Telia...

DB Schenker has announced that Ralf Többe, the current Executive Vice President for Land Transport in the Germany/Switzerland region, will assume the role of CEO for the same region, effective 1 April 2025. Többe will replace Roland Dressler, who has chosen not to renew his contract in order to focus...

A recent survey by the 2025 Edelman Trust Barometer has revealed that 7 in 10 people believe government officials, business leaders, and journalists intentionally mislead them by making statements they know to be false or exaggerated. The report, released on Sunday, highlighted a growing erosion of trust in institutions that...

Hiroshi Mikitani, founder and CEO of Rakuten Group Inc., has underscored the critical role of the company’s telecommunications division in driving growth through artificial intelligence. Despite entering Japan’s wireless market four years ago, Rakuten has continued to report financial losses. Mikitani stated that the mobile division, which now serves over...

Economic concerns have escalated into widespread grievances among 60% of people globally, with a significant portion believing that hostile actions, including violence, may be necessary to drive change, according to a recent poll conducted by communications firm Edelman. The survey, which gathered responses from 33,000 individuals across 28 countries, revealed...