Foreign direct investment (FDI) is facing a turning point, according to the latest Global Investment Trends Monitor published by the United Nations Conference on Trade and Development (UNCTAD). The report indicated that global FDI grew by 11% in 2024, reaching an estimated $1.4 trillion. However, when excluding flows passing through...

Rodrigo Liang, CEO and co-founder of U.S.-based AI chip startup SambaNova, has indicated that the company is preparing to unveil an upcoming collaboration in Turkey. During his appearance at the World Economic Forum in Davos, Switzerland, Liang shared insights with business news outlet Bloomberg HT, highlighting SambaNova’s commitment to enhancing...

Binance CEO Richard Teng has underscored that despite Bitcoin surpassing the $100,000 milestone, the cryptocurrency industry is still in its early phases, offering vast opportunities for growth and innovation. Exploring the Limits of Possibility While Bitcoin at $100K is now widely acknowledged, questions persist regarding its future trajectory, with skeptics...

Few people embody the seamless connection between professional achievement and heartfelt philanthropy like JP Conte. He has carved out a legacy that blends business acumen with a deep commitment to giving back. Today, his philanthropic initiatives serve as a testament to the power of leveraging success for meaningful change. Growing...

The London Stock Exchange Group (LSEG) has announced the appointment of Susi de Verdelon as the new CEO of LCH Limited. She is expected to assume the role in February 2025, pending regulatory approval, and will report to Daniel Maguire, Group Head of LSEG Markets and CEO of LCH Group....

Bayobab Group has announced the appointment of Mazen Mroué as the new CEO of MTN Digital Infrastructure. In his new role, Mroué will be responsible for overseeing Bayobab’s Fixed Infrastructure and Communication Platforms business units. He will also lead the execution of the company’s Data Centre Business Strategy, aiming to...

Nearly 60% of CEOs worldwide anticipate an improvement in global economic growth over the next 12 months, according to PwC’s 28th Annual Global CEO Survey, released during the World Economic Forum Annual Meeting. The survey, which gathered insights from 4,701 CEOs across 109 countries and territories, also revealed that 42%...

Generative AI (GenAI) continues to influence organizational strategies, with over half of CEOs reporting improvements in workforce efficiency and one-third citing financial gains, according to new research. PwC’s 28th Annual Global CEO Survey, which gathered responses from 4,701 CEOs across 109 countries, revealed that 56% of respondents experienced enhanced workforce...

Bank of America CEO Brian Moynihan has stated that the U.S. banking industry is prepared to embrace cryptocurrencies for payment transactions—provided regulators give their approval. Speaking at the World Economic Forum in Davos, Switzerland, Moynihan indicated that if regulatory frameworks were established to legitimize crypto transactions, the banking system would...