Northland Power Inc. (TSX: NPI), a global clean energy producer, announced that Christine Healy will officially take over as President and Chief Executive Officer and join the company’s Board of Directors on January 20, 2025. This timeline marks an update to the original schedule outlined during her appointment. John Brace,...

Bernard Arnault, Chairman and CEO of LVMH Moët Hennessy Louis Vuitton, held a prominent place among the top three on the global billionaires list until September of this year. However, a staggering loss of $32 billion in personal wealth saw him slip to fifth place, leaving him with a current...

As the much-awaited Season 2 of Netflix's Squid Game prepares for its December 26, 2024, launch, brands worldwide are seizing the opportunity to engage fans through immersive partnerships and creative campaigns. In India, this phenomenon has taken a unique twist with major brands like Swiggy Instamart and Knorr leading the...

Johannesburg, the economic heart of South Africa, boasts Africa’s "richest square mile" within its bustling metropolis. Known as the "City of Gold," the capital of Gauteng Province is home to over 12,000 millionaires, 25 centi-millionaires with fortunes exceeding $125 million, and two billionaires, according to the Henley & Partners Africa...

As Christmas holidays roll in, the world’s elite flock to luxurious destinations, carving out time with family amidst other billionaires. This year follows the same trend, with high-net-worth individuals gravitating toward secluded havens far removed from the masses. Winston Chesterfield, founder of the luxury-focused consulting firm Barton, remarked that these...

Volkswagen CEO Oliver Blume has praised a recent agreement to significantly reduce jobs and production capacity in Germany while avoiding factory closures. However, the car manufacturer’s shares dropped sharply on Monday, with a decline of over 3% in Frankfurt afternoon trading, making it the biggest faller on the DAX index....

Elon Musk, the world’s wealthiest individual and the first person to surpass a net worth of $400 billion, is not widely regarded as a leading philanthropist. According to a recently disclosed tax filing, the Musk Foundation distributed $237 million in grants during 2023. Despite this figure, it remains modest compared...

A recent analysis by Banco de Portugal (BdP) has highlighted significant disparities in the distribution of household savings across income levels. The central bank's findings reveal that more than 55% of the nation's savings are held by the wealthiest 20% of families, underscoring the unequal distribution of financial resources. The...

Singapore Post revealed on Sunday that it had terminated its CEO and two senior executives following an internal inquiry into their mishandling of whistleblower allegations involving employee misconduct. The announcement triggered a significant drop in the company's stock, with shares tumbling 9.8%—their steepest decline since March 2020—as trading opened on...