Jorge Tamarit Degenhardt has been named the new Chief Executive Officer of Eurofighter Jagdflugzeug GmbH, the organization behind the Eurofighter Typhoon program. Selected by the consortium's shareholders, he steps into the role as part of the company’s Board of Management. A dual citizen of Spain and Germany, Jorge brings over...

The year 2025 unfolds against a backdrop of continued transformation in global labor markets. Since the COVID-19 pandemic, a confluence of factors, including rising living costs, geopolitical conflicts, the climate crisis, and economic downturns, has exacerbated the turbulence already present in technology-driven employment shifts. While the global economy shows signs...

The leaders of Canada’s largest banks are witnessing a reprieve from the challenges of mortgage renewals but are now turning their attention to concerns over tariffs and political instability. At a recent bank CEO conference hosted by RBC Capital Markets, RBC CEO Dave McKay highlighted the potential economic damage tariffs...

Climbing into the top 1% of income earners is a rare achievement in North Carolina, South Carolina, or any other state. A new study by SmartAsset outlines the income thresholds required to reach this elite category, offering insights into the earnings needed to surpass that benchmark. SmartAsset’s analysis shows that...

Leaders and trade ministers from the Asia-Pacific Economic Cooperation (APEC) have reiterated their commitment to advancing trade digitalization as a means to reduce costs, enhance efficiency, and unlock economic growth in the region. Representing economies responsible for more than 60% of global trade, the delegates emphasized the adoption of electronic...

India is expected to witness an 8%-9% rise in steel demand in 2025, surpassing other major steel-consuming economies, according to a report by CRISIL. The growth will be driven by increased adoption of steel-intensive construction in housing and infrastructure, alongside stronger demand from sectors such as engineering and packaging. While...

Meta CEO Mark Zuckerberg has unveiled significant changes aimed at fostering a broader scope of free speech across Facebook, Instagram, and other Meta platforms. He stated that the company intends to refocus on its foundational commitment to free expression. One of the most notable changes involves replacing third-party fact-checkers in...

Billionaire wealth worldwide surged to unprecedented levels in 2024, with the collective fortunes of the globe’s 500 wealthiest individuals increasing by $1.5 trillion to approximately $10 trillion. The rise marked the end of a three-year decline, with significant contributions from the tech sector and China’s recovering economy. Elon Musk retained...

Microsoft has unveiled plans to invest $3 billion in India over the next two years to bolster its artificial intelligence (AI) and cloud capabilities, including the development of new data centers. The announcement was made by CEO Satya Nadella, who emphasized the company's commitment to enhancing AI innovation in the...