BetMGM LLC, the sports betting and iGaming operator jointly owned by Entain plc (LSE: ENT) and MGM Resorts International (NYSE: MGM), has released its financial performance for Fiscal Year 2024, projecting a positive outlook for 2025. The company expects to achieve EBITDA profitability in 2025, with net revenue estimates ranging...

SCB-Julius Baer Securities Co., Ltd. (SCB Julius Baer), the joint venture between Siam Commercial Bank (SCB), Thailand’s first bank, and Swiss wealth management firm Julius Baer, has announced a leadership transition with the appointment of Adrian Mazenauer as Chief Executive Officer, effective immediately. Mazenauer previously served as Deputy CEO and...

Asahi Beverages has announced a major leadership restructuring, consolidating its three CEO positions—previously overseeing Asahi Lifestyle Beverages (ALB), Carlton & United Breweries (CUB), and Asahi Beverages NZ—into a single chief commercial officer (CCO) role. Group CEO Amanda Sellers explained that the decision aimed to streamline the company’s multi-beverage operations, bringing...

Shares of Italian luxury brand Ferragamo fell more than 5% on Tuesday following the announcement that CEO Marco Gobbetti would step down next month after just over three years at the helm. Gobbetti, formerly CEO of British fashion house Burberry, had been leading efforts to revitalize the Florentine brand, but...

Despite the global rise of cryptocurrency, several nations continue to impose strict regulations or outright bans. While some governments cite financial stability and fraud prevention, others raise concerns about money laundering and economic control. Here are ten countries where cryptocurrency remains restricted or prohibited in 2025. China China has maintained...

Initial concerns over the sustainability of Malaysia’s data center expansion following DeepSeek’s emergence are now turning into optimism, according to an analysis by Juwai IQI Co-Founder and Group CEO Kashif Ansari. Ansari noted that DeepSeek had disrupted the AI landscape with a large language model that rivaled those of established...

A newly released survey by Sentry, a leading business insurer, provides insight into the concerns keeping executives awake in 2025. While 47% of business leaders expressed optimism about their companies’ prospects for the year, 67% admitted to experiencing higher stress levels compared to the previous year. The survey, conducted by...

Ogilvy has announced the promotion of Kunal Jeswani to Chief Executive Officer of Ogilvy ASEAN, a move aligned with Ogilvy APAC’s strategy to drive growth in this key sub-region. In his new role, Jeswani will focus on integrating resources across ASEAN markets, capitalizing on their individual strengths to deliver comprehensive...

The chief executive of Singapore Post’s local operations, Mr. Shahrin Abdol Salam, has stepped down after less than a year in the role, The Straits Times has learned. Mr. Shahrin, who assumed the position on May 1, 2024, succeeding Ms. Neo Su Yin, is leaving to pursue external opportunities, according...