CEO Financial News

The world might see its first trillionaire sooner than you think

Dabur India is ramping up distribution of its products in the city expecting a surge in demand for daily essentials. The company is also investing in marketing activities on-ground such as setting up of experience zones in the city for its brands like Real juices, Dabur Amla hair oil and Dabur Vedic Tea, said Mohit Malhotra, CEO, Dabur India Ltd. Dabur has tied up with dhabas and eateries on the Lucknow, Gorakhpur and Varanasi highways leading up to Ayodhya.

Constellation Research founder R 'Ray' Wang reveals his top A.I. stocks on 'Varney & Co.'

(Reuters) — CNN's new CEO Mark Thompson plans to combine all newsgathering operations of the news network into one unit that would serve its television, streaming and digital platforms, the Wall Street Journal reported on Wednesday.

The ever-increasing threat of fraud – and the sophistication of methods – requires a robust response from financial institutions.

₹1,447.98 crore for the December quarter, up 35% from ₹1,072.67 crore a year ago on the back of softening raw material prices and growth in luxury products. Revenue during the quarter rose by 5.4% to ₹9,074.9 crore primarily due to double-digit growth in the industrial business along with the extended festive season. “Growth was supported by the extended festive season, though we saw some moderation in demand in the latter part of the quarter.

By Noele Illien and Sinead Cruise

Redfin CEO Glenn Kelman analyzes the state of the housing market after mortgage rates surged past 7% on 'Cavuto: Coast to Coast.'

National Retail Federation CEO Matt Shay dissects consumer spending and the retail industry as shoppers hit stores across the country for Black Friday.

Gig workers may not think or act like full-time employees, and corporate leadership must understand the needs and aspirations of these temporary workers to manage the workforce better. Companies usually hire gig workers to handle a spurt in business — like food aggregators hiring temporary delivery personnel during festival seasons — which has a direct impact on revenue. So managing this workforce is extremely important for a business, even if it is only for a short duration.

By Dmitry Zhdannikov

The new artificial intelligence era represents a huge moment for the tech industry that has not been seen in a decade, according to a top executive at Facebook parent company Meta Platforms.

(Reuters) — Business chiefs warned on Wednesday that disruption to shipping in the Red Sea caused by attacks by Houthi militants in Yemen could affect supply chains for months and lead to a shortage of tankers needed to transport fuel.

This will be another year of transition at the four wirehouses – Merrill Lynch, Morgan Stanley, Wells Fargo Advisors, and UBS – as each seeks to find stability after last year’s significant changes.  

Pulte Capital CEO Bill Pulte argues home prices in the new year won't be going down significantly.

Tesla (NASDAQ:TSLA) CEO Elon Musk revealed on social media platform X (formerly Twitter) that the multi-billionaire is “uncomfortable” with the idea of expanding the automaker's role in artificial intelligence and robotics without first securing a minimum of 25% of voting control of the company, a stake nearly double his current ownership.

By Jacob Gronholt-Pedersen

UBS CEO Sergio Ermotti on Wednesday said people with concerns about the size of the bank's balance sheet are getting «indoctrinated» by academics and should «do their homework.»

Infibeam Avenues has appointed Rajesh Kumar SA as the chief executive officer (CEO) of its artificial intelligence (AI) business, Phronetic.AI. As CEO, he will be spearheading the expansion and elevation of Phronetic.AI under the leadership of Vishal Mehta, chairman and managing director of AI-powered-Infibeam Avenues.

oil markets will cope with Red Sea disruptions in the short run, although prolonged attacks by the Houthis on ships would lead to a shortage of tankers due to longer voyages and a supply delay, the CEO of Saudi oil giant Aramco said. Amin Nasser told Reuters he expected the oil market to tighten after consumers depleted stocks by 400 million barrels in the last two years, which left OPEC's spare capacity as the main source of additional supply to meet rising demand. Attacks by the Houthis on ships in the Red Sea have forced many companies to divert cargoes around Africa. The Iran-aligned Houthis say they are acting in solidarity with Palestinians during Israel's ongoing war with Gaza. «If it's in the short term, tankers might be available… But if it's longer term, it might be a problem,» Nasser said in an interview on the sidelines of this week's World Economic Forum in the Swiss ski resort of Davos. «There will be a need for more tankers and are they going to have to take a longer journey». Container vessels have been pausing or diverting from the Red Sea that leads to the Suez Canal, the fastest route from Asia to Europe, where about 12% of world shipping passes.

₹3,397.32 crore to this sector, including a substantial boost to Khelo India with ₹1,045 crore. Punit Balan, Chairman & Managing Director of the Punit Balan Group, highlighted the government's commitment to fostering athletic talent.