CAE has announced that Marc Parent, who has led the company for 20 years, including 15 as President and CEO, will step down at the annual general meeting scheduled for August 2025. Parent's decision is part of CAE's ongoing succession plan. Over his tenure, Parent has played a pivotal role...

Liberty Media has announced that its President and CEO, Greg Maffei, will leave his position by the end of 2024. Maffei, who has been with the American investment firm since 2005 and took on the role of CEO in February 2006, decided not to renew his contract, which is set...

DBS Bank India's Managing Director and CEO, Surojit Shome, is set to retire on February 28, 2025. The bank, which has maintained a presence in India for three decades, first established an office in Mumbai in 1994. After a notable tenure leading DBS Bank India since April 2015, Shome had...

In August, Astral revealed that Schutte would be stepping down at the upcoming Annual General Meeting, scheduled for January 30. The company has appointed Gary Arnold to serve as CEO, effective February 1, 2025. Arnold, who has served as Chief Operating Officer and executive director since 2012, has collaborated closely...

This weekend marks the conclusion of the inaugural T100 Triathlon World Tour, with Dubai hosting the final showdown. The season-ending event will be the seventh race in a groundbreaking series that has showcased top-tier competition at an unprecedented level for middle and long-distance triathlon. With the conclusion of the season...

Filipe Gouveia, a shipping analyst at BIMCO, shared insights into the recent decline in coal imports among advanced economies, with thermal coal shipments dropping by 9% year-over-year as coal-based electricity generation waned, especially in Europe. Meanwhile, Asian advanced economies saw only a 4% reduction due to increased electricity demand driven...

Xiaomi CEO Lei Jun recently celebrated a significant milestone in electric vehicle production, showcasing his dedication to hard work. On Tuesday, Lei announced that Xiaomi's SU7 EV production had hit 100,000 units, sharing the news in a post on X. He included a photo of himself sleeping on a white...

China's trade with other APEC economies reached a historic peak of 21.27 trillion yuan ($2.95 trillion) in the first 10 months of 2024, according to data released by the General Administration of Customs on Wednesday. This figure represents a 5.7 percent increase compared to the same period in the previous...

A recent report paints a stark picture of America's housing challenges, highlighting the growing obstacles to homeownership amid an ongoing shortage. According to the National Association of Realtors, homebuyers in the U.S. are now older and wealthier than ever, with the average age of buyers reaching new heights. The median...