China creates USD 230 billion brokerage powerhouse, eyes sector consolidation
The combined entity, with 1.6 trillion yuan in total assets, will overtake Citic Securities as China's largest brokerage...
Tag : China
OPEC+ agrees to delay October 2024 oil output hike for two months
On December 1, OPEC+ ministers convene as a full group to decide on policy...
Business Leader of the Week: All eyes on Oliver Blume as Volkswagen enters choppy waters
Oliver Blume, who became the group's CEO in 2022, has kept up positive relations with the unions and the influential Porsche and Piech families, who own Volkswagen...
Business Leader of the Week: Under Michael Lohscheller, Polestar eyes profitability by 2025
Over the past ten years, Michael Lohscheller has served as CEO of multiple other automakers...
IF Insights: Canada launches ‘tariff missile’ against China
Tesla sold 36,900 EVs in Canada in 2023, compared with 24,400 in 2022...
Dubai Airport sees record year for passengers after 8% rise in H1 2024
According to Dubai Airports, the top three countries by number of passengers were, in order, India, Saudi Arabia, Britain, and Pakistan...
IF Insights: Who is leading the global 6G race?
Experts estimate that 6G will be a hundred times more powerful than 5G, with microsecond latency and terabit-level speed possible...
Business Leader of the Week: Under Georges Elhedery, HSBC eyes shift towards growth
Georges Elhedery’s appointment as CEO comes less than two years after he was promoted to CFO in January 2023...
IF Insights: Despite strong sales data, challenges still aplenty for American electric vehicles sector
The price difference between internal combustion engines operating on fossil fuels and electric vehicles has shrunk so quickly that upfront sales prices are hardly different...
Good days ahead for Saudi Arabia? Around 300 millionaires to relocate to Kingdom
By the 2024 end, the United States and Singapore will have welcomed 3,800 and 3,500 millionaires, respectively, making the UAE the top destination...