CEO Financial News
25.02 / 11:51
markets
CEO
Trade
reports
Unilever stocks drop after unexpected CEO departure
According to data from MarketWatch, the value of shares fell by 1.6% this morning from the previous closing price 4,483p per share, with its value down by around 5% in the last month and 2.9% since the beginning of the year. The shares have rallied and stabalised since, trading at 4,398 at the time of reporting, however this is still more than 1.5% lower than the recent market close. Over half of CEOs expect rise in global economic growth in the next year Schumacher will take a step back from his CEO and board director roles on 1 March 2025 and will leave Unilever altogether on 31 ...
25.02 / 09:27
Booking
Manufacturing
CEO
Sustainability
wellness
reports
International
CIE Automotive banks on India as Europe business falters
Subscribe to enjoy similar stories. CIE Automotive India Ltd is struggling with a slowdown in its Europe business, which is adding pressure to overall profitability. Consolidated Ebitda margin fell 43 basis points year-on-year to 14.2% in the December quarter (Q4CY24).
25.02 / 08:15
25.02 / 08:15
25.02 / 05:33
markets
Citi
CEO
Tesla
love
reports
Interviews
Musk declines Uber’s partnership offer; Tesla to go solo on robotaxis
Tesla chief Elon Musk has declined an offer from Uber to collaborate on autonomous vehicles, Uber chief executive officer (CEO) Dara Khosrowshahi has revealed. During a recent interview, Khosrowshahi said that the Tesla CEO rejected the cab-hailing service’s proposal to partner in its robotaxi programme. He cited his conversation with Musk to assert that Tesla is determined to develop its autonomous vehicle project independently.
25.02 / 05:33
25.02 / 01:41
markets
UPS
Provident
Aviat
CEO
International
IIT-incubated startup's air taxis to fly in UAE & Southeast Asia
electric aircraft startup ePlane Company has announced a strategic collaboration with Dubai-based Empire Aviation Group to integrate business aviation solutions and take ePlane’s aircrafts international. The collaboration aims to fast-track the deployment of electric Vertical Take-Off and Landing (eVTOL) air-taxis and air-ambulances across India, UAE, Thailand, and Indonesia, the startup said.
24.02 / 21:35
markets
CEO
show
social
reports
Department
Videos
New hacking stunt? Federal computers show fake video of Trump kissing Musk's feet, all you need to know
Department of Housing and Urban Development, whose staffers had to witness it the first thing in the morning when they came to work on Monday.
24.02 / 21:35
markets
CEO
Inside
reports
testing
Courts
Headlines
Elon Musk and Ashley St. Clair’s private paradise: Inside the luxe hideaway where the pair allegedly conceived their child
Elon Musk and his recent baby mama, Ashley St. Clair, are making headlines due to the controversy surrounding the billionaire’s 13th child.
24.02 / 20:09
24.02 / 19:31
CEO
security
Mobile
economy
Trade
country
social
Trump brandishes tariffs, but India and UK are back talking trade
Subscribe to enjoy similar stories. India and the UK returned to free trade negotiations on Monday after a year's gap, offering a glimmer of optimism in a world witnessing a surge in protectionism. According to commerce minister Piyush Goyal, the proposed free trade agreement (FTA) may raise India-UK trade by as much as threefold in the next 10 years, at a time when rising tariff walls threaten to put a dampener on free movement of goods and services.
24.02 / 13:49
CEO
Apple
Software
Puzzle
Research
innovations
Interviews
AI nonprofit CEO says 'closed nature' of most artificial intelligence research hinders innovation
A year before Elon Musk helped start OpenAI in San Francisco, philanthropist and Microsoft co-founder Paul Allen already had established his own nonprofit artificial intelligence research laboratory in Seattle
24.02 / 13:43
24.02 / 10:51
24.02 / 10:09
UPS
Career
CEO
Ben Whitmore's Brickwood AM launches inaugural fund
Ben Whitmore left his former firm Jupiter Asset Management after a 17-year career focusing on value investing to set up Brickwood AM last year. Ben Whitmore's value investing boutique Brickwood AM names CEO The boutique is co-run between Whitmore, CEO Claudia Ripley, brother Durmot and Kevin Murphy, the latter of whom left Schroders to work on the venture, leaving Nick Kirrage to run the firm's global value team. All the managers involved have made their names in the value space and as a result, Brickwood's inaugural mandate, the TM Brickwood UK Value fund, focuses on this section ...
24.02 / 10:09
UPS
CEO
Adidas
wellness
performer
track
Sporting
Nike’s revival: A tie-up with Kim Kardashian’s Skims label might just do it
Subscribe to enjoy similar stories. Two years ago, the storied American sportswear company Nike unveiled a new sneaker design in collaboration with jeweller Tiffany & Company. It was a symbol of former CEO John Donahoe’s efforts to turn Nike into a luxury brand, bypassing retailers and selling direct to customers, just like the world’s bling behemoths.
24.02 / 08:33
markets
UPS
CEO
SpaceX
blues
testing
Interviews
China’s leading private rocket company has eye on listing in 2028
Subscribe to enjoy similar stories. Deep Blue Aerospace, one of China’s leading rocket companies, said it expects to meet the conditions for an initial public offering as soon as 2028. The chief executive of the Jiangsu-based company said in an interview with The Wall Street Journal that while it intends to go public in the future, the timing will depend on the company’s product development and China’s capital-market conditions.
24.02 / 08:33
Google
CEO
Gemini
Charity
Experts
performer
donates
Are we on the cusp of AGI, as Musk suggests? There's reason for doubt
Subscribe to enjoy similar stories. If Elon Musk is to be believed, as per his post on X, we are "on the event horizon of the singularity". The event horizon is a boundary that marks the outer edge of black holes, the point from which nothing can escape – not even light.
24.02 / 03:45
markets
Digital
CEO
Software
RAI
reports
Australia's WiseTech sinks after directors step down over differing views on founder's role
WiseTech Global said on Monday four of its non-executive directors have decided to step aside owing to differing views around the role of the company's billionaire founder and former CEO Richard White, sending its shares tumbling 18%.
24.02 / 03:45
markets
Target
CEO
Platform
Analysis
Sustainability
Trade
How viable is Rs 250 per month SIP for Indian AMCs? Navneet Munot answers
Navneet Munot, MD & CEO, HDFC AMC, says they have collaborated with all ecosystem partners, including KRAs, depositories, exchanges, and banks. Their efforts are focused on making this initiative sustainable, with the aim of encouraging individuals to maintain their Systematic Investment Plans (SIPs) over the course of several years. On Rs 250 per month SIPs Navneet Munot: Indian mutual fund industry has 5.3 crore unique investors. This number needs to multiply over the next several years and what we have tried to do today is to reduce the ticket size of the per month SIP, bringing it down to Rs 250 where every fund house will bring down the minimum ticket size of the SIP in certain funds to 250.
24.02 / 03:45
markets
UPS
CEO
Analysis
Trade
Experts
rights
Manappuram Finance shares in focus as Bain Capital nears $1 billion deal
Manappuram Finance shares will be in focus on Monday as talks between the company and American private equity major Bain Capital reach the final stage. Bain is expected to acquire a significant portion of the promoter stake in India’s second-largest gold loan provider, sources said. The promoter group, led by Managing Director and CEO Nandakumar VP, currently owns 35.25% of Manappuram, which has a market capitalization of Rs 17,000 crore, based on its closing share price of Rs 200.85 on the BSE on Friday.
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