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Key Points Space Exploration Technologies (NASDAQ: SPCX), or SpaceX, launched its IPO in June with high hopes. While it benefited from an initial bump, its fortunes quickly reversed, and shares now sell below its original IPO price. A likely reason for the pullback was the valuation of the communication stock, which remains extremely elevated. This…
Amid rising financial crimes and fraud through digital means, the Ministry of Labour and Employment has urged all job seekers to remain vigilant against falling for such scams and not blindly trust people promising employment in exchange for money and financial benefits. The ministry has also categorically clarified that the National Career Service (NCS) portal…
Key insight: Popular is swapping CEOs for the second time in just over a year. It’s doing so following a strong quarter that saw higher net income and increased capital returns. Expert quote: “Leading this organization has been truly a privilege. I leave with enormous satisfaction.” —Javier Ferrer, CEO of Banco Popular Forward look: Chief…
Lisa Su, Advanced Micro Devices’ chief executive, doubled down on her support for open-source AI models on Thursday, reaffirming her commitment to the technology framework after a high-profile security breach this week involving OpenAI agents was ultimately resolved by an open-source model. “I think open source is a great thing,” the AMD CEO said, addressing…
Something strange is happening in offices and on video calls right now. By almost every visible measure, people are still showing up and doing their work. They are nodding along in meetings and occasionally unmuting to say it sounds great. And underneath all that motion, a growing number of them have quietly left the office….
At most large banks, corporate responsibility sits in a foundation, at arm’s length from the credit committee. Itaú Unibanco is different, it runs one of the region’s largest social investment programmes alongside inclusive finance and community infrastructure commitments funded from the balance sheet and audited like any other exposure. The philanthropic side is the larger…
Listen to the article 10 min This audio is auto-generated. Please let us know if you have feedback. Bruno Annicq believes some finance leaders are thinking too small about artificial intelligence. While much of the conversation on the topic among CFO circles has focused on automation, Annicq argues AI’s biggest impact will come from helping…
Form 4 KORE Group Holdings For: 24 July
Indian students planning to study in the US—or those already enrolled—will need to be more proactive about their immigration status after the US government replaced the long-standing “Duration of Status” (D/S) system with fixed periods of stay for F, J and I visa holders. The new rules, which take effect on September…
BBVA treats diversity as a business objective and nowhere is that discipline tested more thoroughly than across its Latin American operations, where a single group framework is executed market by market. That combination – common targets set centrally, delivery tailored locally – makes it the region’s best bank for diversity and inclusion. The framework dates…