CEO Financial News

Click here to register for the awards. With that thought, the Economictimes.com is back with ET MSME Awards 2024. This will be the fifth edition of the series. The winners of the ET MSME Awards will be announced at the Grand Finale in New Delhi in February 2025. This awards will honour the exceptional MSMEs in the country who are at the top of their game. Twenty-two exemplary MSMES, belonging to both manufacturing and services, will be felicitated and recognised for their business acumen and contribution to the Indian economy. With a goal of fostering a thriving entrepreneurial ecosystem and celebrating the resilience, innovation and achievements of the enterprises, ET invites MSMEs from across India to submit their applications and compete for this prestigious recognition.

Nvidia CEO Jensen Huang said on Wednesday a design flaw with its latest Blackwell AI chips which impacted production has been fixed with the help of longtime Taiwanese manufacturing partner TSMC. Nvidia unveiled Blackwell chips in March and had earlier said they would ship in the second quarter but were delayed, potentially affecting customers such as Meta Platforms, Alphabet's, Google and Microsoft. «We had a design flaw in Blackwell,» Huang said. «It was functional, but the design flaw caused the yield to be low. It was 100% Nvidia's fault.»

HSBC’s new CEO, Georges Elhedery, has only been in charge for two months. And like all good new CEOs, he’s dabbled in a bit of wide-sweeping reform – but one of those reforms might have broader consequences for the bank’s employees than they realize.

If you thought working in restructuring was just a way to call yourself a “banker” without working in investment banking, you’d be in for a slight shock. 

HSBC is cutting at least $300m of costs underGeorges Elhedery, its new CEO.  Today's restructuring of the executive committee, which has resulted in the elevation of US banker Michael Roberts as head of corporate and institutional banking, to the detriment of London-based Greg Guyett, suggests how Elhedery plans to achieve this.

This time last year, Citi was preparing to thin the ranks of its investment bank as part of CEO Jane Fraser'sBora Bora cuts. In the wake of those cuts, the bank restructured its debt capital markets (DCM) team in March 2024, and — among other things — made Colm Rainey head of corporate and financial institutions group debt capital markets for UK & Ireland in the process.

Tesla’s third-quarter net income rose 17.3% compared with a year ago as its quarterly electric vehicle sales rose for the first time this year

Qatar Airways achieved a milestone in aviation by becoming the first airline to equip its Boeing 777 aircraft with SpaceX's Starlink technology. This groundbreaking integration allows passengers on board to connect to high-speed, low-latency internet, transforming the in-flight experience. Travelers can now stream videos, play games, and work seamlessly while cruising at 35,000 feet, addressing the growing demand for reliable connectivity in the skies.

Bank of America may run the risk of ending up being quite behind the likes of Goldman Sachs and JP Morgan in terms of its earnings in coming days, and there are already inclinations of the same, according to the latest stats available. However, its stocks still went up, relying on its dedicated base of investors, but things may not stay the same for long, if the latest problems within the top bank's bracket are not addressed.

Subscribe to enjoy similar stories. Information technology companies Persistent Systems Ltd and Coforge Ltd, the latest entrants to the $1 billion club, reported revenue growth for the three months ended September on the back of business from clients in the Americas, which accounted for most of their incremental income. While both companies deploy different strategies as they chase the next $1 billion, a commonality of their growth so far has been stability at the top.

Subscribe to enjoy similar stories. Boeing is debt-ridden, mistrusted and mistake-prone, but also capable of turning itself around. That is the assessment of Chief Executive Officer Kelly Ortberg, who took over the beleaguered jet maker in August.

It's a big day for Boeing

Subscribe to enjoy similar stories. What do you think when you see a slew of new fund offers (NFOs) from various mutual funds or portfolio management services (PMS) providers centred around a particular theme? Over the past year, these have been mostly in areas like small caps, public sector undertakings, industrials, defence, green energy, etc. Most investors think it means these fund managers believe that the theme will give superior returns.

Tim Cook, now the CEO of Apple and a member of its board of directors, did not have an easy path to the top. After graduating from Auburn University, Cook’s first job was at IBM, where he relocated with everything he owned packed into his car. Early in his career, he couldn’t afford to furnish his apartment. For a while, Cook slept on the floor, only buying a bed when he had saved enough money. «I was sleeping on the floor for a while before I could afford to actually buy a bed,» Tim Cook told Wall Street Journal, adding, «My first job was delivering papers, and I was about 12 years old.»

It’s been a disappointing start to Pumpkin Spice Latte season for Starbucks

Hassan, a Cryptonews.com journalist with 6+ years of experience in Web3 journalism, brings deep knowledge across Crypto, Web3 Gaming, NFTs, and Play-to-Earn sectors. His work has appeared in...

Ted Lasso Season 4 seems more likely than ever, as Warner Bros. TV Group has provided an encouraging update on the beloved series. Channing Dungey, Chairman and CEO of Warner Bros. TV Group, recently hinted at Jason Sudeikis' interest in returning for another season. Sudeikis, who plays the titular role, has been a central figure in the show’s success, not only as the star but also as a co-creator and head writer. The prospect of a fourth season has always hinged on his enthusiasm to continue the story, and recent remarks suggest that he is more open to the idea than before, as mentioned in a report by Collider.

Julia is an experienced editor with a passion for covering a wide variety of beats. She loves all things politics and regularly covers regulatory updates on emerging technology here for Crypto News.

Lithium Americas president and CEO Jonathan Evans discusses the increased investment in the company’s Thacker Pass mine in Nevada on ‘The Bottom Line.’

Federal regulators is giving a strong push to electric-powered air taxis by issuing a final rule for operating the aircraft and how pilots will be trained to fly them

Singapore when all of us can't wait to land at Changi Airport and start our Diwali-to-Christmas shopping. But when the someone badmouthing is Lee Hsien Yang, younger son of Singapore's founding father Lee Kuan Yew, you hold on to your buffet ticket at Raffles Singapore just a wee bit tighter.