Tencent investors Naspers and Prosus announce abrupt departure of CEO Bob van Dijk
The immediate and mutually agreed departure of Naspers and Prosus CEO Bob van Dijk underscores a complicated few years.
European markets close 1.2% lower with the Fed in the spotlight; SocGen down 12%
European markets were downbeat at the start of this week’s trading, following their Asia-Pacific counterparts.
Turkish President Erdogan invites Elon Musk to build his next Tesla factory in Turkey
Erdogan met with the Tesla and SpaceX CEO in New York while visiting the U.S. for the United Nations General Assembly.
Americans are least likely to care about kids having good manners. Here’s what they prioritize instead
A new report by King’s College London shows that the U.S. is the country that is least likely to say good manners are very important for children.
SocGen’s new boss Krupa pledges to cut costs to boost profits by 2026
Societe Generale’s new CEO Slawomir Krupa pledged on Monday to cut costs to boost profits by 2026 amid stalling sales, in his first strategic plan for the bank.
Naspers, Prosus CEO Bob van Dijk steps down
Ervin Tu will assume the role of interim chief executive of both companies.
Thailand to roll out more populist policies this year, says prime minister
Srettha promised to revive Thailand’s economy with populist measures including suspending debts for farmers, raising minimum wages and providing handouts.
Major central banks are on the brink of peak rates — but the inflation battle might not be over
The European Central Bank, Federal Reserve and Bank of England are nearly done with interest rate rises, but inflation will continue to cause pain.
Airbnbs in NYC are disappearing. Here’s what could happen to hotel prices
Hotel prices likely to rise in New York City, so travelers should book “sooner rather than later,” said Kevin Davis, CEO of JLL Hotels & Hospitality’s Americas.
China VC deals plunge, on track for worst pace in more than seven years
Slowing growth and geopolitical tensions are stifling the Chinese startup world that once spawned unicorns such as ByteDance and Didi, according to PitchBook.
