Delivery Hero SE, a global leader in local delivery platforms, has announced the appointment of Bum Seok Austin Kim as CEO of Woowa Brothers, its Korean subsidiary operating the online delivery platform Baedal Minjok (Baemin). The appointment, effective immediately, was made by Woowa’s Board of Directors. Kim succeeds Pieter-Jan Vandepitte,...

In a historic year for global wealth, the world's 500 richest individuals saw their collective net worth soar to an astonishing $10 trillion in 2024. This figure, comparable to the combined GDPs of Germany, Japan, and Australia in 2023, underscores the magnitude of their fortunes, as revealed by World Bank...

As the new year unfolds, the US dollar has emerged as a key topic of debate within the global financial community. Following a notable 7% increase in the dollar index in 2024, traders are now deliberating its potential trajectory. On Thursday, the dollar dipped slightly by 0.2%, settling at 108.32,...

In its 2024 report, Reporters Without Borders (RSF) identified Mexico as one of the most perilous countries for journalists, highlighting its position as one of the most violent places for reporters outside of war zones. The International Human Rights Organization reported that over the past decade, Mexico accounted for 30%...

The surging valuations of Tesla, SpaceX, and xAI propelled Elon Musk's net worth to an estimated $421.2 billion by the end of 2024, a remarkable increase from $251 billion at the year’s start. Musk made history as the first individual to surpass a net worth of $400 billion, a milestone...

Automotive supplier Dana announced on November 25 that Bruce McDonald, a seasoned executive and current board member, has been appointed as chairman and interim CEO. The company stated that McDonald will oversee operations while facilitating the search for a permanent successor to James Kamsickas, who retired in October. Kamsickas is...

A recent analysis by KPMG has revealed that while Baby Boomers remain Australia's wealthiest generation overall, they no longer hold the largest share of property assets or the most significant portion of shares. The study found that Generation X has overtaken Boomers in property ownership as Boomers increasingly sell their...

In 2024, Russian entrepreneurs collectively amassed an additional $18.465 billion, with Vladimir Lisin, the principal beneficiary of NLMK, leading the gains. Lisin's fortune grew by over $5 billion during the year. Vladimir Potanin, a key stakeholder in Norilsk Nickel, topped the list of Russian billionaires, with his wealth increasing by...

UN Secretary-General António Guterres has urged the world to make 2025 a “new beginning,” emphasizing the need for collective action to address pressing global challenges. In his New Year’s message issued on Monday, Guterres reflected on the difficulties of 2024, highlighting the widespread impact of wars, displacement, and rising inequalities...