Cargus, a prominent name in Romania's courier industry, has appointed former Chief Financial Officer Belgin Bactali as its new CEO, with her tenure beginning on January 20. She takes over from Yannick Mooijman, who, according to the company, has chosen to step down to pursue new opportunities. Bactali brings more...

China’s economic growth in 2024 has provided a substantial boost to the global economy despite facing various challenges, according to Zimbabwean economists. Recent data released by China’s National Bureau of Statistics indicated that the world's second-largest economy expanded by 5 percent year-on-year in 2024, bringing its gross domestic product to...

Annie Young-Scrivner has stepped down from her role as CEO and Board Director of Wella Company. In an official statement, the company confirmed her resignation and announced that the Board had appointed current Board Chair Glenn K. Murphy to oversee operations as Executive Chair. Wella attributed Young-Scrivner’s departure to family matters....

Alorica Inc., a global leader in digitally-engineered, tech-enabled customer experience (CX) solutions, has achieved a significant milestone—securing Great Place to Work® certification in all nine countries where it operates across Latin America and the Caribbean. The certification is based on employee sentiment and experience in five key areas: credibility, respect,...

Simplifying India’s tax regime is expected to be the central government's primary focus to drive GDP growth, as indicated by the majority of CEOs surveyed by Moneycontrol and Deloitte. An exclusive survey conducted by Moneycontrol and Deloitte between January 10 and 22, involving 45 CEOs from sectors such as financial...

P180, a newly established venture, has acquired a majority stake in US luxury fashion company Vince Holding (VNCE) for an undisclosed amount. As part of the deal, Brendan Hoffman is set to return as the company's CEO. The stake was purchased from affiliates of Sun Capital Partners, marking P180’s third...

A recent report unveiled at the World Economic Forum’s Annual Meeting 2025 has revealed the alarming potential consequences of increasing geo-economic fragmentation. According to the findings, the global economy could suffer losses of up to $5.7 trillion, or 5% of GDP, making the impact even more severe than the 2008...

The Navigating Global Financial System Fragmentation report, developed in collaboration with Oliver Wyman, examines how the increasing use of sanctions, industrial policies, and export controls is reshaping global trade and capital flows. The report highlights a 370% increase in sanctions since 2017 as a clear indication of the growing reliance...

Chandulal Dhanani, based in South Africa, is a trailblazer in the textile and agricultural industries. As the founder of Dhanani Sustainable Ventures, he has combined his deep-rooted connection to the land with a passion for ethical entrepreneurship. Chandulal’s innovative approach to high-quality cotton textiles and organic farming has transformed rural...