A new report from the International Labour Organization (ILO) has revealed that wage inequality has decreased in approximately two-thirds of countries since 2000. Despite this progress, the ILO emphasized that significant wage disparities persist globally. The Global Wage Report 2024-2025: Is wage inequality decreasing globally? shows that since the early...

Just days before UniCredit CEO Andrea Orcel shifted his attention to a domestic acquisition, resistance to his interest in Germany’s Commerzbank intensified. Members of Germany’s corporate elite reportedly urged Commerzbank’s CEO to reject any merger proposal, warning that the bank might suffer a fate similar to Bavarian lender HVB, which...

NielsenIQ (NIQ), in partnership with World Data Lab (WDL), has published Spend Z: A Global Report, offering a comprehensive analysis of Gen Z’s consumer behavior, values, and spending habits. As the largest generation globally, Gen Z is poised to reshape the consumer market, with their spending power projected to reach...

Stellantis, the multinational automaker behind brands like Chrysler, Jeep, Fiat, and Peugeot, has confirmed the resignation of its CEO, Carlos Tavares, citing unresolved differences with the board and ongoing struggles in sales performance. The company’s announcement follows a cascade of challenges, including declining sales, unsold inventory piling up at dealerships,...

In the entertainment world, it’s increasingly common for young talents to achieve global fame and amass significant wealth at an early age. Among them, Iain Armitage, best known for his portrayal of Sheldon Cooper in Young Sheldon, has emerged as the wealthiest child actor, surpassing peers like Modern Family star...

Two months after issuing a profit warning, Stellantis, the manufacturer of Jeep, Fiat, and Peugeot vehicles, saw its stock lose approximately 40% of its value this year. In response to this situation, Stellantis CEO Carlos Tavares resigned abruptly. The company announced that it would begin the search for a replacement...

U.S. President-elect Donald Trump has threatened to impose 100% tariffs on the BRICS group, a coalition of nine nations if they attempt to create a currency rival to the U.S. dollar. The BRICS alliance includes major world powers such as China, India, and Russia, along with Brazil, South Africa, Iran,...

Shannon Bream: Let's talk. Best case and worst case scenario, because you've been honest about the potential harm that could come from AI. What should we know? Sam Altman: Society's been through things like this many, many times. You know, we've been through the industrial revolution. But the computer revolution, one...

Ilya Goncharov is the winner of one of the most prestigious and rare international awards in the world of project logistics 40 Under 40 AntwerpXL. “The Oscars” in project logistics: only 160 people in the world have this unique award.  The winners' celebration took place in Antwerp, Belgium, on October...