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Court rejects Johnson & Johnson's plan to settle talcum-related disputes for $9 billion 04/02/2025

Arctic Geopolitics and the U.S.-Russia Rivalry Over Greenland 03/29/2025

Make Europe Great Again: The New Economic Strategy Reshaping Global Trade 03/31/2025

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Management

Li Ka-shing, the richest man in Hong Kong, steps down

Li Ka-shing, the richest man in Hong Kong, announced his resignation. He officially handed the reins of his $ 100-billion business empire to his oldest son Victor Li. 89-year-old chairman of the board of CK Hutchison Holdings Ltd. and CK Asset Holdings Ltd. will remain an adviser to the group after...

CEO of The Blackstone Group earns $800 mln in a year

CEO of Blackstone investment company, Stephen Allen Schwarzman, earned at least $ 800 million last year. This is one of the biggest awards received by a head of a public companies, and this highlights the restoration of the financial sector after the crisis. Probably, Schwarzman 's income exceeded...

Brougher Becomes The First C.O.O Of Pinterest With Nearing IPO

Maturing Pinterest hires its chief operational officer to manage its global operation as it nears its IPO. Pinterest, an image-based “searching and sharing website”, revealed that on Tuesday, February 27, 2018, the company has hired Francoise Brougher as its C.O.O. Brougher formerly held...

Elon Musk: A charlatan or a genius?

The scene of the takeoff of a giant rocket in a fireball, the soft landing of vertically landing rocket boosters, and finally the pictures of a Tesla sports car hovering in space with a mannequin in a spacesuit behind the wheel and David Bowie's "Space Oddity" as an accompaniment... Successful and...

Faber Castle Taps Into The ‘Opportunity’ Of Digital Era

Traditional pencil and digital revolution come together to provide the next level of experience to the users. In the digital age, one would think it to be normal that the concept of pencil has become a historic item suited only for dustbin. However, Faber Castle has launched a “platform” in Brazil...

Thomson Reuters & Blackstone Are In Advanced Purchase Talks, Reveal Sources

Sources have informed that Blackstone could buy Thomson Reuter’s F&R stakes for nearly “$17 billion”. The “private equity firm” of the U.S., Blackstone Group is carrying out advance talks on buying arounf 55% of stake in “Financial and Risk business” of Thomson Reuters Corp. The said deal would put...

Tesla deprives Elon Musk of salary

Tesla introduced a new compensation system for the founder and general director of the company Elon Musk. The statement stipulates that he will not receive guaranteed payments for his work. He can count on the reward only if the financial performance of the company will match the planned. This is...

Issue Of Children's iPhone 'Addiction' Raised By Apple Investors

Apple Inc. has been urged by two of its largest investors to consider taking some form of action to combat the issue of addiction of iPhones among children. There are growing worries about how the youth are impacted and influenced by technology and social media. Apple needs to take more...

Stockmann Puts Up Its ‘Helsinki Book Store’ For Sale As A ‘Collateral For A New Refinancing Package’

The company starts “investigating a possible divestment” as Helsinki’s values reach record high. Stockmann, a chain of department store, has plans of selling a “well known building in Helsinki” that holds “an estimated book value of around 100 million euros”. The transaction is desired to be in...

Demand for managers will grow in Europe

Over the next five years, the European labor market will increase the demand for highly qualified specialists, especially in the field of management. This conclusion is contained in the work of the Higher School of Economics "Professional structure of labor in Europe". It takes into account the...