New CEOs Don’t Need All the Answers. They Need to Ask the Questions Everyone Else Avoids in the First 100 Days

MSCI kept South Korea classified as an emerging market last month, FT reported, citing the absence of a fully convertible offshore won market.   An upgrade to developed status could attract about US$30bn from passive funds, BNP Paribas Securities estimates.   But the country’s index weighting would drop sharply, from about 24 percent of MSCI’s emerging market benchmark to roughly 3 percent of…

Slovak PM Fico: Western Politicians Risk NATO-Russia Conflict Over Ukraine Fico Warns of Escalating Tensions Between NATO and Russia Fico’s Criticism of Western Strategy in Ukraine Sept 19 (Reuters) – Some Western politicians are seeking conflict between NATO and Russia after a “failed” strategy to defeat Moscow in its war with Ukraine, Slovak Prime Minister…

“I specifically rejected Contractor A because of his reputation.”

General Motors CEO Mary Barra said Monday that the automaker remains on track to introduce “eyes-off, hands-off” driving technology by 2028. GM announced last October that it plans to launch its next-generation driver-assistance system in the electric Cadillac Escalade IQ in 2028 before expanding to other models. Unlike the company’s existing Super Cruise system, which…

To become a financial hub, the sultanate needs the infrastructure that a major custodian can provide. U.S. custody giant State Street is expanding into Oman, a vote of confidence in the Gulf’s smallest aspiring financial center. At the Oman Capital Market Conference in Muscat in early June, the bank signed an agreement with Riyadh-based Jadwa…