The planned acquisition of a 20% stake in Thyssenkrupp’s steel business by the holding company of Czech billionaire Daniel Kretinsky may be scrapped if discussions on deeper collaboration do not succeed. Thyssenkrupp CEO Miguel Lopez revealed this possibility during the company’s annual shareholders’ meeting. Lopez explained that a contingency agreement...

BT Group plc has named Jon James as the new CEO of BT Business, reinforcing its commitment to the UK market. Alongside his appointment, he will also join the company’s Executive Committee. His tenure begins on March 3, 2025. Bringing nearly three decades of experience in the European telecommunications, media,...

In a moment widely seen as a long-overdue correction, Beyoncé secured the Album of the Year award at the 67th Grammy Awards in Los Angeles, marking a significant milestone in her career. The recognition came for Cowboy Carter, her eighth album, which explores and celebrates the often-overlooked Black roots of...

A recent survey of major Japanese companies has revealed that more than 80% of respondents anticipate raising the prices of their products and services in 2025, largely due to rising costs of raw materials, energy, and labor. The survey, conducted by NHK between mid-December and mid-January, targeted 100 firms, with...

The Economic Survey 2024-25 has underscored the need for India to unleash its economic potential by reducing the cost of doing business through deregulation. The report asserted that lowering business costs through regulatory reforms would play a crucial role in accelerating economic growth and job creation, particularly amid ongoing global...

A significant majority of Caribbean CEOs maintain a positive outlook on global economic growth in 2025, according to PwC’s 28th Annual Global CEO Survey. The regional findings, unveiled during the World Economic Forum’s annual meeting, indicate that nearly 70% of Caribbean CEOs anticipate an increase in global economic growth over...

British Columbia-based ThoughtExchange (Fulcrum Management Solutions Ltd.) has appointed George Psiharis as its new CEO, succeeding co-founder Dave MacLeod, who will now take on the roles of president and chief product officer. The announcement was made on Tuesday. Founded in 2009 and headquartered in Rossland, B.C., ThoughtExchange employs over 100...

Northvolt co-founder Paolo Cerruti has announced his decision to step down as CEO of Northvolt North America while retaining his position as Chairman of the Board for the company’s Canadian entity. During this transition, Karen Chang, who has extensive experience within Northvolt’s ecosystem and has been instrumental in the Northvolt...

US Bancorp has announced that its current president, Gunjan Kedia, will assume the role of CEO on April 15, succeeding company chairman and CEO Andy Cecere. Kedia, who joined US Bancorp in 2016, has held executive positions at State Street Financial, BNY, McKinsey & Company, and PwC. She holds engineering...