CEO Financial News

Gold miner Newcrest has forked out hefty payments to former chief executive Sandeep Biswas and another senior executive who left the company suddenly in December.

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San Francisco 49ers chief executive Jed York is being sued over accusations of insider trading related to his role on the board of an online educational company

The new CEO of the company formerly known as Twitter says she’s spent much of the past eight weeks trying to get big brands back to advertising on the social media platform that’s been in upheaval since it was bought last year by Elon Musk

Attorneys for an Atlanta-based venture capital firm being sued over a grant program investing in Black women have vowed to fight back against the lawsuit calling it misguided and frivolous

Tapestry, parent company of luxury handbag and accessories retailer Coach, is buying the owner of fashion brands including Michael Kors, Versace and Jimmy Choo, Capri Holdings

Weeks after its international launch, Worldcoin is drawing the attention of privacy regulators around the world

Singapore-based Maxeon Solar Technologies plans to build a major solar panel manufacturing plant in Albuquerque, pending approval of a loan application with the U.S. Department of Energy

The Biden administration says it could soon launch a formal evaluation of risks posed by vinyl chloride, the cancer-causing chemical that burned in a towering plume of toxic smoke following the fiery train derailment in East Palestine, Ohio

Anil Agarwal, the founder and CEO of Vedanta Resources, had an intriguing encounter with Hollywood star Ryan Reynolds. During their meeting, Reynolds showed genuine interest in understanding "Nand Ghar," Vedanta's flagship program aimed at supporting children and women. Agarwal recognized a surprising alignment in their values after their conversation.

Bombay High Court on Friday refused to pass any order granting urgent interim reliefs to Edelweiss company officials, accused of abetting the suicide of renowned film art director Nitin Desai, and said it would hear their pleas against the FIR on August 18. A division bench of Justices N W Sambre and R N Laddha also issued a notice to Desai's wife, who is the complainant in the case. Senior counsel Amit Desai, appearing for Edelweiss Financial Services Chairman Rashesh Shah, Edelweiss Asset Reconstruction Company's MD and CEO Raj Kumar Bansal and two other company officials urged the court to grant them interim protection from any coercive action and also sought quashing of the first information report (FIR) registered against them.

Elon Musk taking over the control. In an interview with CNBC, the CEO of X said, "I get to come in and shift from this cost discipline to growth and what does growth mean? Growth means hiring." Yaccarino became part of X earlier this year. She mentioned that the social media platform’s operational performance is close to reaching a break-even point.

₹1,170 against the previous close of ₹1,134.60 and soon rose 4.6 per cent to the level of ₹1,186.70. The stock traded 3.11 per cent higher at ₹1,169.90 around 11:20 am.

New Delhi: Bobby Pawar, chairman and chief creative officer of advertising agency Havas India, has stepped down from his role and will move away from the advertising industry. Pawar has had nearly a five-year stint with the company and has been in the industry for three decades. He will complete his tenure in September 2023.

Edelweiss Financial Services Chairman Rashesh Shah and others in the Nitin Desai suicide case. Apparently, FIRs were registered against Shah, Edelweiss ARC MD and CEO Raj Kumar Bansal and others for allegedly abetting the suicide of renowned film art director. Apart from Shah and Bansal, company official Smit Shah, another person named Keur Mehta, and Jitender Kothari, who was appointed by the NCLT as an interim resolution professional, have also moved the HC seeking for the FIR to be quashed.

Chinese smartphone manufacturer, has made an announcement on X regarding the official launch date of the Mi Mix Fold 3 foldable smartphone. This highly anticipated device is set to follow in the footsteps of its predecessor. In addition to this innovative foldable smartphone, there are speculations that the company might unveil the Xiaomi Pad 6 Max tablet and the Redmi K60 Ultra smartphone during the same event.

UPI apps. This will further enhance the avenues for customers using SBI Card on the RuPay platform on UPI merchants, thus facilitating enhanced, convenient, and seamless payments experience. “With this functionality, the SBI Card customers will be able to use their SBI Card-issued RuPay credit cards on the UPI platform.

health care and pension benefits. One user on X ( formerly Twitter) while sharing his opinion along with a funny meme wrote, “Investment Banking Analysts becoming UPS truck drivers to get a $170k base salary" Another user said that he his quitting his current job to go work as a drive, he wrote, “I’m quitting tech to become a UPS driver.

Disney Chief Executive Bob Iger on Wednesday said he was committed to finding a solution to the Hollywood writer and actor strikes, citing his «deep respect» for creative professionals, as he signaled a turn from comments that inflamed tensions last month. Iger last month told striking actors that their demands were «not realistic.» The Hollywood writers' strike entered its 100th day on Wednesday with contract talks stalled and people on the picket lines protesting what they say is a disregard for their demands. The actors strike started less than a month ago. The growth of artificial intelligence has been a key issue for union members, who fear that it could replace their creative input.

Nick Scali has posted a record profit in the 12 months to June 30, helped by a double digits sales and earnings growth, but the furniture retailer is warning that consumer sentiment has “deteriorated” and orders are falling.

Rupert Murdoch’s News Corp has cut more than $US160 million ($245 million) in costs over the past six months, delivering above-expected earnings despite a sharp 75 per cent fall in net profits.