Citi is growing rapidly in China on huge interest, CEO says
The lender is focused on serving Chinese companies looking to expand overseas as well as clients with cross-border need Citigroup is growing “rapidly” in China with reviving interest from…
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CEO
CEO Talks: Bell & Ross’ Carlos Rosillo on Charting a Course Between the Sky and City
“We’ve evolved, we’ve added depth but we’ve never strayed from our course.” That’s how Carlos Rosillo, cofounder and chief executive of Bell & Ross, sums up more than three decades of…
Verizon to cut about 15,000 jobs as it restructures under new CEO
Verizon is planning to cut about 15,000 jobs in the telecommunications company’s largest-ever layoffs as part of a restructuring under its new CEO, a person familiar with the matter told…
Ex-Twitter CEO Agrawal’s AI search startup Parallel raises US$100 million
AI STARTUP Parallel Web Systems, founded by former Twitter CEO Parag Agrawal, has raised US$100 million to build web search infrastructure for artificial intelligence agents and fund deals…
EXCLUSIVE: Malone Souliers Taps Former Manolo Blahnik Exec Andrew Wright for CEO Post
Malone Souliers is turning to a proven footwear executive to help fuel growth at a pivotal time. The London-based brand — founded by Mary Alice Malone in 2014 — has named former Manolo…
TV Veteran Kevin Reilly Joins AI Firm Kartel as CEO
Veteran programming executive Kevin Reilly, an alumnus of NBC, FX, Fox and Turner, has been named CEO of technology firm Kartel, which focuses on AI systems designed to serve studios,…
5 questions with Ikea’s new CEO, who explains why he’s happy with revenue being flat
Ikea’s new CEO Juvencio Maeztu is calling to tell me about the Ingka Group’s latest earnings (that’s the parent company behind Ikea). As it turns out, there are worse fates than a company…
DBS CEO Tan Su Shan sees tech-led growth in China despite property slowdown
China’s push into deep technology and artificial intelligence is creating pockets of growth despite an uneven recovery in its property sector and subdued consumer sentiment, DBS Group…
Intel CEO to oversee its AI efforts after executive departs for OpenAI
Intel said on Monday its CEO Lip-Bu Tan would oversee the chipmaker’s artificial intelligence efforts after the firm’s chief technology officer departed for ChatGPT maker OpenAI. Sachin…
US lawmakers urge Starbucks CEO to restart union talks
Twenty-six US senators and 82 House representatives have written to Starbucks chief executive officer Brian Niccol, urging the company to resume talks with its workers union, the lawmakers…
Duty Free International appoints new group CEO and COO, forms executive committee
The committee will oversee and ensure the effective and efficient implementation of all strategic decisions issued by the board to management Malaysian retail group Duty Free International…
Guinness-owner Diageo taps former Tesco chief Dave Lewis for CEO role
Diageo appointed former Tesco boss Dave Lewis as its CEO on Monday (Nov 10), ending a months-long search. The company is turning to an outsider to steer the world’s largest spirits maker…
Patrice Louvet on Leading Ralph Lauren With Clarity, Consistency and Inspiring Dreams
Patrice Louvet, chief executive officer of Ralph Lauren Corp., imparted several lessons about his leadership style at the WWD Apparel and Retail CEO Summit. The winner of the WWD Edward…
ANZ’s CEO Matos says ‘action needed’ as profit misses estimates
ANZ’S profit missed expectations as chief executive officer Nuno Matos reiterated that action is needed to turn around the lender. Cash profit dipped 14 per cent to A$5.79 billion (S$5…
Trump Celebrates Exit of BBC Director General and CEO of News: ‘These Are Very Dishonest People’
Donald Trump took to Truth Social on Sunday afternoon to celebrate the exit of the BBC’s director general, Tim Davie, and the CEO of News, Deborah Turness. The shocking step-downs came…
Tim Davie and Deborah Turness: BBC Director General and News CEO Resign Amid Row Over Trump's Doctored Speech on Panorama
BBC Director-General Tim Davie has stepped down amid ongoing controversy over the doctoring of a Donald Trump speech featured in an episode of Panorama. Deborah Turness, the BBC's CEO of…
BBC Director General and CEO of News Step Down After Trump Editing Controversy
BBC’s director general Tim Davie and the CEO of News Deborah Turness both resigned on Sunday. The shock decisions came after the BBC’s flagship documentary show Panorama was accused of…
Dramatic Video Captures Moment OpenAI CEO Sam Altman Is Served Legal Notice Onstage During San Francisco Speech
OpenAI CEO Sam Altman's public discussion with Golden State Warriors coach Steve Kerr took a bizarre turn on Monday night when a man suddenly ran onto the stage at San Francisco's Sydney…
Nvidia CEO Huang sees strong demand for Blackwell chips
[HSINCHU, Taiwan] Nvidia CEO Jensen Huang on Saturday said the semiconductor giant is experiencing “very strong demand” for its state-of-the-art Blackwell chips, as its appetite for wafers…
EV maker Rivian gives CEO a Musk-style pay package worth up to US$4.6 billion
EV MAKER Rivian on Friday said it was giving its CEO a pay plan worth as much as US$4.6 billion over the next decade, a deal similar to Tesla’s record package for CEO Elon Musk, and linked…
Nvidia CEO Jensen Huang says AI chip sales to China are blocked for now
The company is not trying to revive efforts to get Blackwell AI chips to Chinese firms Nvidia chief executive officer Jensen Huang said his company is effectively blocked from selling its…
Trump Admits on Live TV That He Told CEO to Give Him Piece of Company
The CBP chief had originally claimed that Bovino deployed tear gas canisters after he was hit in the head by a rock, but in his hourslong deposition, Bovino “admitted that he lied about…
Olaplex Q3 Sales Dip 3.8%, Surpass Forecasts; CEO Highlights Progress on Transformation Goals
Olaplex sales dipped in the third quarter, but surpassed Wall Street sales forecasts. Net sales decreased 3.8 percent to $114.6 million compared with the same quarter a year earlier.…
Fu Yu receives letters of demand from fired CEO seeking S$2 million over salary and alleged defamation
The sum claimed by David Seow includes over S$1.8 million in salary and S$200,000 in damages Fu Yu has received two letters of demand from fired chief executive officer (CEO) David Seow,…