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Axios’ report states that China now has a total of 1,133 billionaires, a figure which is growing approximately three times faster than the US’ billionaire population. Presently, the US had 716 billionaires. The three cities with the largest billionaire populations are now all in China, with Shenzhen recently bumping New York City from third place. […]
What The Research Shows The new industry-wide research report, titled the Ambition Index, has highlighted that 37% of UK businesses have investment plans in place, compared to 26% before the pandemic - a strong sign that business confidence is picking up. Private equity deals in the UK, both in terms of deal volume and value, […]
Location, location, location Finding great people is important and should be a key contributing factor for choosing where to set up shop when expanding into the US. There is no set rule for this, and it will vary greatly depending on the sector. A location with several top universities, like Washington DC, can ease the […]
Danni Rush, Chief Operating Officer at Virgin Incentives and Virgin Experience Days and Virgin Experience Gifts, discusses the importance of making employees feel appreciated. Celebrated in March, Employee Appreciation Day is a great time for businesses to focus on showing their team appreciation including rolling out rewards in recognition of all their hard work. But […]
On Monday, Berkshire Hathaway announced it had agreed to purchase insurance company Alleghany for $11.6 billion in cash. The company said the deal, expected to close in the fourth quarter of this year, represents “a multiple of 1.26 times Alleghany’s book value at December 31, 2021” in addition to a 16% premium to Alleghany’s average […]
What we already know The Chartered Institute of Internal Auditors survey (March 7th, 2022) has, once more, highlighted the absolute importance of recognising that business culture is a ‘critical risk’ that can adversely affect aims and long-term sustainability. The identified key risks are human resources (64.5%), inclusion, equality, and diversity (34.1%) and health, safety, and […]
When COVID-19 hit, we saw a huge rush for laptops and smartphones to enable home working, so much so that it contributed to a global shortage of computer chips. However, this drive for mobility has not been matched by an equally fervent drive for security - and many companies are still to carry out the […]
According to CNBC, Tesla wrote in an email to its European employees: “For any Tesla employee who is a Ukrainian national and has been asked to return to Ukraine for active duty as a reservist, we will maintain their employment and salary for 3 months, with a view to assessing after this period as needed.” […]
As Russia’s unprovoked attack on Ukraine continues, heads are increasingly turning to the country’s president and his mysterious fortune. How rich is Russian President Vladimir Putin? Is Putin richer than Tesla CEO Elon Musk? And how did Putin amass his elusive net worth? President Putin’s Net Worth In 2018 the Kremlin disclosed that President Putin […]
When Liu Qiangdong first set his sights on becoming an entrepreneur, it was unlikely that he could foresee where his goals would lead him. Founder of JD.com, one of the largest e-commerce platforms in the world, Liu Qiangdong has made a name and a reputation for himself as a savvy business leader directing his company […]
1. France France is a destination of superlatives, so it does not come as a surprise why it's a favourite destination of luxury travellers, including CEOs. A visit to the country's top museums and attractions will reveal architectural marvels and archaeological finds you won't find anywhere else on the planet. From the famous Notre Dame […]
The 1996 Ferrari F50 is one of four Ferrari supercars of the same collection going up for auction at the Artcurial Paris Rétromobile sale later this month. This F50 was delivered on 24 June 1996 by Charles Pozzi to a client in Monaco and has covered only 1318km. It is said to be in “faultless […]
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