Nike CEO John Donahoe Retires: Elliott Hill Returns to Lead the Company
Nike announced on September 19, 2024, that CEO John Donahoe will retire, with veteran executive Elliott Hill returning to lead the company. Donahoe’s retirement is set for October 13, after which he will serve as an advisor until January. Transition of Leadership Elliott
TikTok’s Critical Battle: 15 Minutes to Defend Against Potential US Ban
TikTok is at a pivotal moment this week, as it has just 15 minutes to argue against a potential US ban on its popular app, which boasts 170 million American users. The stakes are high for TikTok, as the company aims to block
Lewis Endlar – Programme Director MSc Project Management and Lecturer in Business
Current Role Lewis Endlar is a Lecturer in Business and Management at Keele Business School, Keele University. He teaches a variety of undergraduate and postgraduate modules, including business degrees, MBA programs, Executive courses, and postgraduate apprenticeships. Previous Experience Before his role at Keele
Gold Prices Fall from Near-Record Highs as Mixed US Job Data Alters Fed Rate Cut Expectations
Gold Prices Fall from Near-Record Highs On September 7, 2024, gold prices fell from near-record highs due to mixed US job data, which has created uncertainty about a major interest rate cut by the Federal Reserve. Gold had approached a peak of $2,531
Pakistan’s Foreign Reserves Surge to $9.4 Billion Amid Economic Update
On September 5, 2024, the State Bank of Pakistan reported that the country’s foreign exchange reserves have reached approximately $9.4 billion for the week ending August 30. This marks an increase of $33 million from the previous week. The bank also noted that
China Stock Market Expected to Open Lower
The Chinese stock market has been on a downward trend for several days, losing nearly 40 points or 1.4% recently. The Shanghai Composite Index is now just above the 2,800-point mark and is expected to continue its decline on Wednesday. Global concerns about
Record Investment Surge in Renewable Energy: Key Drivers and Future Outlook
Record Investment in Renewable Energy
Challenges in the Supply Chain: Ongoing Issues and Disruptions
Global supply chains are facing significant challenges, impacting industries across the board. These disruptions, fueled by various factors, have exposed vulnerabilities and prompted businesses to seek solutions to mitigate their effects. Key Issues Impacts on Industries Potential Solutions Conclusion The challenges in global
Edgar Bronfman Jr.’s Bid for Paramount Could Keep Shari Redstone Involved
Edgar Bronfman Jr.’s bid for a controlling stake in Paramount Global might enable Shari Redstone to retain a significant role at the company, according to sources familiar with the situation. This bid, valued at $6 billion, comes as a rival to Skydance Media’s
Stock Market Update: Tech Sector Faces Volatility
Market Fluctuations Due to Weak Earnings ReportsThe stock market recently experienced significant fluctuations, with key players in the tech sector such as Atlassian and Snap reporting notable declines. The downturn was primarily driven by earnings results and forward guidance that failed to meet