A recent survey of 240 industrial manufacturing (IM) and automotive CEOs revealed cautious optimism about global economic prospects, with 74% expressing confidence in growth potential. Despite challenges such as economic uncertainties, supply chain disruptions, and workforce transitions, 80% of respondents anticipated positive outcomes for their respective industries. The KPMG 2024...

Real-time payments are predicted to generate over $15 billion in additional GDP growth for Nigeria and South Africa by 2028, according to the Real-Time Payments: Economic Impact and Financial Inclusion report published by ACI Worldwide. This report, produced in collaboration with The Centre for Economics and Business Research, draws on...

Robert Hale, the owner of Granite Telecommunications and co-founder of FoxRock Properties, has achieved a net worth of $5.4 billion, securing his position as the 553rd richest person in the world. This marks an improvement from his 568th ranking the previous year. Hale ranks as the sixth richest individual in...

An analysis by PwC found that over half of the Fortune 500 companies listed in 2003—52%, to be precise—are no longer on the list today. Some of these organizations declared bankruptcy, others were acquired, and some ceased operations entirely. This stark reality underscores the tangible risk of corporate decline. The...

A fast-spreading wildfire, fueled by powerful Santa Ana winds, is ravaging one of Southern California's most affluent neighborhoods. As of Tuesday evening, the Franklin Fire had scorched 3,049 acres, prompting widespread closures and evacuations. Schools in Malibu have been shut down, portions of the Pacific Coast Highway closed, and Pepperdine...

A court in Liechtenstein has appointed a curator to oversee the TiVi and Solkomtel foundations, the entities through which billionaire Zygmunt Solorz controls his Polish businesses. This decision comes amidst a heated succession dispute with his children. The conflict began in late September when Solorz's children issued a letter to...

International Monetary Fund (IMF) economists emphasized that Asian economies are well-positioned to weather ongoing turbulence, despite facing internal challenges and potential external pressures, including the return of President-elect Donald Trump to the White House. IMF Asia-Pacific division chief Alasdair Scott noted the region’s resilience and significant growth potential, even as...

A recurring theme at the recent climate talks in Baku, Azerbaijan, was the mounting frustration from the poorest and most vulnerable nations over the inadequate financial support offered by developed countries. These nations urgently need such funding to counter the devastating impacts of climate change on their economies and communities....

Google has announced the expansion of its AI-powered tool, Google Product Studio, to an additional 15 countries. This tool, which launched in May 2023, is integrated into Merchant Center Next, Google's revamped platform for managing product listings. Designed to help small and medium-sized businesses (SMBs) and retailers enhance their product...