CEO Financial News

29.01 / 11:09

markets Target FIVE CEO Strategy Standard Life CEO Andy Curran to retire

He has led Standard Life, part of Phoenix Group, for the past five years. He oversaw the firm's growth strategy which it said had hit its targets two years ahead of schedule in 2023. Schroders-Phoenix joint venture gains approval for UK and global private markets LTAFs Another area of focus was reinvigorating the «historic brand» and extending the range of retail savings products on offer. After his departure, the business will move to a «flatter leadership structure», meaning its retirement solutions and asset management divisions will be combined into a new business unit led by P...

29.01 / 09:39

markets COST CEO Strategy community Experts innovations Ex-Intel CEO Pat Gelsinger shares 3 reasons why DeepSeek is a big learning lesson for us

DeepSeek's launch of its open-source AI reasoning model, R1, has sent shockwaves through the tech industry. In just a short time, it surpassed OpenAI’s ChatGPT in popularity on the App Store. The groundbreaking model’s performance and affordability have prompted strong reactions, including from Pat Gelsinger, former CEO of Intel. On X (formerly Twitter), Gelsinger shared his thoughts on R1’s impact, drawing lessons from computing history that he believes the AI community must embrace.

29.01 / 09:11

markets COST UPS Google CEO NVIDIA reports Elon Musk not convinced with China's DeepSeek that rattled the US tech market. His one-word reply is the proof

DeepSeek sent shockwaves with an AI model with capabilities rivalling the creations of Google and OpenAI. DeepSeek grabbed the giant global tech firms by the horns, which has surprised the worldwide markets. This breakthrough technology caused a significant drop in the market value of US chipmaker Nvidia, with over $500 billion wiped off its market cap on January 27, 2025.

29.01 / 07:07

markets COST Digital CEO Strategy PAM Market reaction to DeepSeek is wrong: Intel CEO advocates cheaper AI, open source

Pat Gelsinger took to LinkedIn to cheer Chinese artificial intelligence (AI) DeepSeek, calling it «an incredible piece of engineering that will usher in greater adoption of AI». He added that the startup's overnight fame shows a reset within the industry towards open innovation.

29.01 / 01:15

markets IPO CEO Sustainability Healthcare hospital patient Dr. Agarwal's Health Care IPO: Is a clearer vision on the horizon?

Subscribe to enjoy similar stories. Dr. Agarwal’s Health Care, India’s largest eye care chain by revenue and network size, is going public with plans to raise ₹3,027 crore.

29.01 / 00:39

markets COST CEO Strategy Experts country DeepSeek's fast rise sparks debate on Indian AI models

Deepseek, a large language model (LLM) trained at a fraction of the cost of its Western counterparts, has sent shockwaves through the global AI community leading to calls for India to build its own AI language models.

29.01 / 00:39

markets UPS Digital CEO Strategy Mobile Mobile wallets make a big comeback as numbers return

digital payments landscape with global fintechs aspiring for the licence, new domestic firms entering the space, and green shoots of recovery in transaction volumes.

29.01 / 00:27

markets Target CEO Strategy stage reports Avendus Capital winds down hedge fund strategy; Andrew Holland to leave firm

Subscribe to enjoy similar stories. KKR-backed Avendus Capital is winding down its hedge funds which will see market veteran Andrew Holland leave the firm, two people with knowledge of the development told Mint, on condition of anonymity. The two funds Avendus Absolute Return and Avendus Enhanced Return funds have already started returning money to their investors and the process of winding down is expected to be completed by February, the first person cited above said.

29.01 / 00:27

markets COST CEO Yellow President International Trump hand forces hike in gold lease rates for Indian jeweller

Subscribe to enjoy similar stories. Jewellery makers in India may soon have to pay more to lease the yellow metal from banks, as US president Donald Trump's tariff rampage rattles intermediaries in the world bullion market. Authorized Indian banks importing gold from international banks such as JP Morgan, Citibank, HSBC and Standard Chartered on behalf of local jewellers are set to increase interest rates for so-called gold metal loans (GMLs), bankers and industry executives said.

28.01 / 22:05

COST UPS CEO economy NVIDIA Steve Cohen says AI will be decadeslong theme, but Monday proves it won't be a 'straight line'

MIAMI BEACH, Fla. — Billionaire investor Steve Cohen is standing by his long-term bullish view of artificial intelligence despite the wild volatility recently, saying the transformational shift could take decades to realize.

28.01 / 19:37

markets CEO security Strategy NVIDIA PAM reports Is DeepSeek lying? CEO of Scale AI Alexandr Wang says the Chinese startup is using 50,000 Nvidia H100 chips but workers can’t talk about it

Nvidia H100 chips, but workers aren't allowed to discuss it due to US export restrictions, as per a report.

28.01 / 16:35

markets CEO Remark Tesla President social Interviews Mark Cuban on the world's richest man: 'I will throw Elon Musk under the bus when the time comes'

entrepreneur Mark Cuban defended the controversial online behavior of Tesla CEO Elon Musk while describing it as something ‘kind of insane’ yet which is actually consistent with the personality of Elon Musk, reported Benzinga.

28.01 / 15:17

COST Manufacturing CEO NVIDIA Trade electronic DeepSeek’s deeper impact could be good for some hard-hit stocks

Subscribe to enjoy similar stories. A Chinese artificial intelligence upstart has sent highflying technology stocks into a tailspin. The rise of China’s DeepSeek is disrupting the industry’s established order, but some players could actually thrive in the new landscape.

28.01 / 15:13

markets COST FIVE CEO Fighting Bill President California considers letting victims of natural disasters sue oil companies

Oil and gas companies would be liable for damages caused by climate change-related disasters in California under legislation introduced Monday by two Democratic lawmakers.

28.01 / 15:07

CEO Nov Diversity inclusion innovations AIMCo cuts DEI role and 18 other jobs in further shakeup

Alberta Investment Management Corp. eliminated 19 jobs in non-investment areas, months after the government of the province ordered changes at the pension fund manager and fired its chief executive and the board.

28.01 / 13:29

Target CEO Strategy wellness Commerzbank Courts Profiles Italy's Mediobanca rejects Monte dei Paschi's 'destructive' 13-billion-euro takeover bid

Shareholders of Italian lender Mediobanca on Tuesday rejected a 13-billion-euro takeover offer from smaller domestic peer Monte dei Paschi, amid a ramp-up in consolidation bids in the Italian banking sector.

28.01 / 13:21

markets COST CEO Chevrolet performer country General Motors swings to fourth quarter loss on charges related to China, but tops expectations

General Motors swung to a loss in the fourth quarter on huge charges related to China, but still topped profit and revenue expectations on Wall Street

28.01 / 11:21

markets Google CEO Platform Racing Meta Platforms performer DeepSeek won’t sink US AI titans

Subscribe to enjoy similar stories. Nvidia’s market value surged because of explosive demand for AI chips and services, but the company’s shares fell sharply in a chip-sector selloff on Monday. Necessity might be the mother of all invention, but sparking the mother of all selloffs seemed like a stretch.

28.01 / 11:13

markets Target CEO Continental Updates HSBC to exit M&A and capital markets businesses in UK, Europe and the U.S.

HSBC is preparing to wind down its M&A and equity capital markets businesses in Europe, the U.K. and the U.S. amid a broader overhaul of its investment banking operations.

28.01 / 10:49

markets CEO wellness show SAP: more efficient AI will drive demand for our AI products

DeepSeek model, bodes well for growing demand for SAP's AI services.

28.01 / 06:57

markets COST Manufacturing CEO Strategy Trade country Donald Trump's copper, aluminium tariffs may raise costs for US consumers

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