Business

Frasers CEO Michael Murray appointed to Hugo Boss board

Frasers CEO Michael Murray appointed to Hugo Boss board

Michael Murray has officially joined the supervisory board of German fashion house Hugo Boss, following shareholder approval at the company’s annual meeting.

Ray Dalio weighs Riyadh expansion with new family office plans

Ray Dalio weighs Riyadh expansion with new family offic...

Bridgewater Associates founder Ray Dalio is evaluating the launch of a new family office in Riyadh to oversee regional investments and philanthropic efforts.

Peter Carlsson Launches AI-Driven Manufacturing Firm After Northvolt Collapse

Peter Carlsson Launches AI-Driven Manufacturing Firm Af...

Former Northvolt CEO Peter Carlsson is returning to the industrial tech arena with a new AI-focused venture based in Sweden, following the battery maker’s bankruptcy.

Money Fellows receives $13M to expand digital saving in Africa

Money Fellows receives $13M to expand digital saving in...

Money Fellows has secured a $13 million investment to scale its digital savings platform, with plans to expand operations across North Africa, especially Morocco.

Sebastian Suhl to Lead END. as CEO Following Leadership Shift

Sebastian Suhl to Lead END. as CEO Following Leadership...

END., the global streetwear and lifestyle retailer, has appointed Sebastian Suhl as its new Chief Executive Officer, set to officially assume the role this summer.

Costco co-founder Jim Sinegal stays active at 89 with weekly office visits

Costco co-founder Jim Sinegal stays active at 89 with w...

Though retired, Costco co-founder Jim Sinegal, now 89, continues to visit the office weekly, maintaining ties to the retail world he's long been part of.

Flow Secures $100M Funding as Adam Neumann Targets Sustainable Growth

Flow Secures $100M Funding as Adam Neumann Targets Sust...

Residential real estate company Flow, founded by former WeWork CEO Adam Neumann, has reached a $2.5 billion valuation after its latest funding round.

TUGIAD opens its first overseas office in Beijing to support Turkish businesses

TUGIAD opens its first overseas office in Beijing to su...

Turkey's young entrepreneurs gain a new gateway to the Chinese market with TUGIAD China Center, aiming to strengthen trade relations and secure partnerships.

Hamdi Ulukaya Commits $1.2 Billion to Boost Chobani's US Production

Hamdi Ulukaya Commits $1.2 Billion to Boost Chobani's U...

Chobani CEO Hamdi Ulukaya announces major investment in New York and Idaho facilities, aiming to expand manufacturing capacity without external financing.

Dave Davis to Lead Spirit Airlines Amid Post-Bankruptcy Recovery

Dave Davis to Lead Spirit Airlines Amid Post-Bankruptcy...

Spirit Airlines has appointed aviation veteran Dave Davis as its new CEO following a challenging period marked by financial restructuring and leadership transition.

Lucy Guo becomes youngest self-made female billionaire at 30

Lucy Guo becomes youngest self-made female billionaire ...

Holding nearly 5% of Scale AI, Lucy Guo's stake valuation hit $1.2 billion amid rising company worth

Liang Wenfeng named among Time’s 100 most influential of 2025

Liang Wenfeng named among Time’s 100 most influential o...

DeepSeek founder Liang Wenfeng has been recognized by Time Magazine as one of the 100 most influential people of 2025, marking a shift in global AI leadership.

Dorsey and Musk challenge foundations of intellectual property law

Dorsey and Musk challenge foundations of intellectual p...

Jack Dorsey and Elon Musk questioned the necessity of intellectual property laws in a recent online exchange, suggesting they may hinder rather than help innovation.

Sipay Expands Global Vision with $78 Million Investment Round

Sipay Expands Global Vision with $78 Million Investment...

Turkey-based fintech company Sipay has raised $78 million at a valuation of $877 million in its Series B funding round, led by international investors.

Alice Walton Becomes the World's Richest Woman Again in 2025

Alice Walton Becomes the World's Richest Woman Again in...

Francoise Bettencourt Meyers falls to second place as Walton regains the top spot with a $101 billion fortune

AI-Based Phishing Simulation Firm Raises $43M to Boost Security Tools

AI-Based Phishing Simulation Firm Raises $43M to Boost ...

Adaptive Security secured $43 million in Series A funding to enhance its AI-powered phishing simulation and employee cybersecurity training platform.