Clayco, a prominent design-build firm, has announced the retirement of its long-serving CEO, Russ Burns, effective December 31, 2024. After more than 17 years with the company, Burns will transition to the role of Chairman of the Board of Advisors, where he will continue to provide strategic guidance and expertise...

Billionaire Pham Nhat Vuong and his wife, Pham Thu Huong, attended the engagement ceremony of their son, Pham Nhat Minh Hoang, and Nguyen Phuong Nhi, the second runner-up of Miss World Vietnam 2022, on Wednesday. The couple arrived at Nhi’s family home in Thanh Hoa City, located in northern Vietnam,...

As AI continues to drive innovation, companies face bigger challenges in collecting and managing the right data. Data privacy, scalability, and high-quality datasets are at the top of companies' minds when it comes to leveraging AI. To talk about how to solve these challenges, CEOWORLD spoke with Dr. Max (Chong)...

Various trends are highlighted as key opportunities for restaurants to strengthen their position in the market this year. The year 2025 holds significant potential for restaurant expansion in the United States as emerging trends shape the industry’s future. Experts highlight key strategies that restaurant owners can adopt to attract more customers...

A recent study conducted by CEOWORLD magazine has identified some of the most dangerous countries to visit in 2025 from a security risk perspective. The list includes nations such as Ukraine, Libya, Sudan, Pakistan, and Afghanistan, all posing significant security concerns. In contrast, the countries deemed the safest in the...

Italy's largest bank, Intesa Sanpaolo, has completed its first proprietary bitcoin trade, investing $1.03 million into the world's leading cryptocurrency, according to an internal memo. The document, which Reuters reviewed, revealed that the bank now owns 11 bitcoin as of January 13, 2025. Intesa launched a proprietary trading desk for...

United Spirits, the Indian subsidiary of global liquor giant Diageo, announced on Monday that Praveen Someshwar, the current CEO of HT Media, would take over as managing director and CEO, effective April 1. Someshwar is set to succeed Hina Nagarajan, who will transition to a position on Diageo's global executive...

The leadership at Sonos has undergone a dramatic shift as CEO Patrick Spence steps down following a tumultuous year marked by customer dissatisfaction and falling revenues. Spence, who spearheaded the rollout of a redesigned Sonos app in May 2024, faced widespread criticism as the app failed to meet expectations, leading...

Luxury hospitality giant Banyan Group is set to make waves in 2025 with the planned launch of 15 new hotels and resorts, along with five branded residences. These ambitious expansions, which include entries into Tanzania and the Dominican Republic, mark a significant step beyond the company’s traditional stronghold in Asia....