What’s next for Nestle?
VEVEY, SWITZERLAND — Investment, productivity savings and incrementality are central to Laurent Freixe’s priorities as he steps into the role as the new chief executive officer of Nestle SA. “To…
Category: Business
Tech layoffs: Dell fires 12,500 employees, or 10 per cent of global workforce, in major shift towards AI, says report
Dell Technologies has announced a significant restructuring, resulting in the termination of 12,500 employees, which constitutes approximately 10 per cent of its global workforce. Computer giant Dell has announced a…
J. D. Vance Put On Kill-list By Ukraine’s Molfar
Molfar OSINT, a Ukrainian intelligence agency based in London, has just added Senator J.D. Vance to its kill-list on the same day he was announced as Donald Trump’s Vice Presidential…
Mastercard exec Shamina Singh on the ‘missing middle’ of small businesses
Today in the Executive Lounge, one global firm’s innovative solutions to the universal problem of small businesses struggling to survive. The small business sector has a big problem. It’s called…
VW to invest up to $5bn in Tesla rival Rivian
German car making giant Volkswagen (VW) says it will invest up to $5bn (£3.94bn) in Tesla rival Rivian. The deal creates a joint venture that will allow VW and the…
Nvidia value surges past $3tn and overtakes Apple
Nvidia’s market value has surged past $3tn (£2.3tn), lifting the chip giant ahead of Apple to become the second most valuable publicly listed company in the world. The firm’s share…
Post Office: Fujitsu sacked top boss at height of Horizon scandal
Fujitsu, the company that built the flawed Horizon IT system, sacked a top boss at the height of the scandal. Rod Vawdrey, 67, was dismissed as Fujitsu’s global president in…