CEO Financial News

FCA CEO Nikhil Rathi and FCA chair Ashley Alder faced the committee's questions on areas ranging from motor finance commissions to staff expertise, to its secondary growth objective and name and shame criticism. Rathi and Alder were grilled on whether they would have approached unpopular name and shame proposals differently with the benefit of hindsight. FCA's plan to axe Consumer Duty board champions 'questionable' Under pressure from business and former city minister Tulip Siddiq (since replaced by Emma Reynolds), the FCA watered down some of its name and shame plans late last ye...

Cryptocurrency firm bosses are optimistic about the changes of comprehensive federal rules for the industry passing this year now that Donald Trump, who is a backer of bitcoin, returned to the White House.

Paytm co-founder and CEO Vijay Shekhar Sharma has publicly criticized the camera performance of the iPhone 16, sparking discussions among users on social media. In a post on X (formerly Twitter), Mr. Sharma expressed dissatisfaction with the device's camera, describing it as «so bad» that he is contemplating switching to a Google Pixel phone.

Elon Musk and OpenAI CEO Sam Altman has erupted over Stargate, a new artificial intelligence infrastructure project. President Trump announced the project on Tuesday, describing it as a joint venture between OpenAI, Oracle, and SoftBank with a potential investment of up to $500 billion. Stargate aims to construct data centers and power generation for AI development.

JPMorgan Chase & Co. and Goldman Sachs Group Inc. are pushing back on demands to roll back their diversity initiatives.

Norges Bank Investment Management, the world's largest sovereign wealth fund. In India, it has over $30 billion parked in companies ranging from HDFC Bank, Reliance, ICICI Bank, Airtel, Infosys and TCS to Zomato, Nykaa and DMart. The CEO of the largest single investor in the world also hosts the popular In Good Company podcast with global industry leaders. A former chef, Russian translator and intelligence man, Tangen told Arijit Barman in an interview in Davos that the world is in the grip of unprecedented volatility. Edited excerpts: Nearly a third of your assets are in Europe. With Europe slowing and generating poor returns, are you looking to diversify even more in the US, Asia, maybe India, a lot more than before? We are linked to indices. So when the value of a market increases, we typically park more money there. We now have more than 50% of our $1.7 trillion in the US. With India becoming more important, the value of our Indian investments has also gone up. We have roughly 1.8% of our fund now in India. With more than $30 billion invested in India-double of what we did five-eight years ago-both China and India exposure is not too dissimilar. Our portfolio is predominantly public markets but we have some fixed-income assets too. Our biggest holding in India is HDFC Bank, number 2 is Reliance.

Automaker Stellantis plans to reopen an assembly plant in Illinois and build the next generation Dodge Durango in Detroit, the automaker said Wednesday

Oxfam eventually predicts that within the next decade, at least five individuals will be there who will be achieving the trillionaire status which is a major significant increase from their previous forecast of just one, reported Fortune.

Former Reagan economist Art Laffer weighs in on Trump’s controversial economic plan to impose a 25% tariff on Mexico and Canada beginning February 1. 

Subscribe to enjoy similar stories. The drone industry, one of India’s sunrise sectors, wants the government to increase allocations under the Production Linked Incentive (PLI) scheme in the upcoming Union Budget for 2025-26. In September 2021, the government announced a PLI scheme for the drone sector for a period of three years with a total financial outlay of ₹120 crore.

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Donald Trump on Tuesday said he likes both sides of the argument on H-1B foreign guest workers' visa, noting that he likes «very competent people» coming into the country and that he has used the programme. «I like both sides of the argument, but I also like very competent people coming into our country, even if that involves them training and helping other people that may not have the qualifications they do. But I don't want to stop — and I'm not just talking about engineers, I'm talking about people at all levels,» Trump told reporters at the White House during a joint news conference with Oracle CTO Larry Ellison, Softbank CEO Masayoshi Son, and Open AI CEO Sam Altman.

Quick commerce firm Zepto has discussed increasing its IPO size to $800 million–$1 billion, including secondaries, people in the know said. Its CEO, Aadit Palicha, has met top mutual funds in recent weeks to discuss the public offering plans and projected $5.5 billion in gross sales during the final quarter of FY26, while achieving positive Ebitda (excluding ESOPs), sources added. For context, this is nearly equivalent to the annual gross sales of the quick commerce industry last calendar year, according to several brokerages.

National Restaurants Association of India (NRAI), an industry body representing over 500,000 restaurants in the country, is planning to approach the courts to seek intervention on standalone 10-minute food delivery apps launched by Zomato-owned Blinkit and Swiggy, people in the know said.

Jensen Huang, who is the CEO of Nvidia eventually hosted a lavish banquet in Taiwan in the month of January of the year 2025 which was attended by at least 35 executives from major technology partners while it included Quanta, Asus, Acer and TSMC, reported Tom’s Hardware.

Adam Grant, OpenAI CEO Sam Altman shared his thoughts on AI’s growing influence. «My kid is never gonna grow up being smarter than AI,» Altman stated, noting that future generations will consider AI’s intelligence a natural aspect of life. «And that'll be natural. And of course it's smarter than us. Of course, it can do things we can't, but also who really cares?» he added.

Subscribe to enjoy similar stories. The general mood is upbeat at this year’s World Economic Forum (WEF), though day one at Davos coincided with a flurry of executive orders by US President Donald Trump immediately after he took oath.

According to PwC's annual Global CEO survey, this year's surge in optimism towards the global economy among business heavyweights marked a significant rise from previous years. In 2024, only 38% of CEOs expressed hopes about global economic growth, while in 2023 the figure was 18%. AI emerges as key priority for asset management CEOs Meanwhile, macroeconomic volatility (29%) and inflation (27%) topped the list of risks identified by CEOs globally for 2025. However, there was some regional variation in responses: 41% of CEOs from the Middle East and 34% from central and eastern ...

OpenAI is planning on taking the lead toward the incorporation of AI super agents in the mainstream workspace inside the White House. Reports suggest that Sam Altman will be leading a major briefing about AI super agents before White House government officials. These discussions would revolve around the complex abilities of AI agents and even chatbots capable of Ph.D.-level thinking.

Donald Trump has officially resumed his second term as President of the United States—and with it comes the revival of a now-famous feature of his presidency: the Diet Coke button.