Levi's CEO:  Honored Beyonce Would Name a Song After Us

Levi's CEO: Honored Beyonce Would Name a Song After Us

-- Michelle Gass, CEO of Levi's, expresses her pride and honour that global cultural icon Beyoncé has chosen to name a song Levi's jeans on her new album. She sees this as proof that Levi's remains...
April 05, 2024 at 11:28 pm IST
Pigment:  AI Poised to Dethrone Excel

Pigment: AI Poised to Dethrone Excel

-- Eleonore Crespo, co-founder and co-CEO of Pigment, discusses the use of the company's recently raised funds, stressing that they were not an immediate necessity thanks to exceptional revenue growth...
April 05, 2024 at 01:15 am IST
Hunter Point founders raise over $3.3B

Hunter Point founders raise over $3.3B

-- Bennett Goodman and Avi Kalichstein, heads of Hunter Point Capital, announce that they have raised over $3.3bn, surpassing their target of $800m. This success comes at a time when fundraising is...
April 04, 2024 at 11:07 pm IST
Hertz's Doomed Bet on 100,000 Teslas

Hertz's Doomed Bet on 100,000 Teslas

-- In 2021, Hertz, a bankrupt car rental company, was taken over by two financial experts who decided to bet on electric cars by ordering 100,000 Tesla vehicles. This ambitious choice, initially seen...
April 04, 2024 at 10:46 pm IST
BlackRock's Boivin Says Don't Expect Long-Term Rates to Fall

BlackRock's Boivin Says Don't Expect Long-Term Rates to Fall

-- Jean Boivin, Director of BlackRock Investment Institute, discusses recent statements by US Federal Reserve Chairman Jerome Powell. He interprets the recent economic data as temporary difficulties,...
April 04, 2024 at 06:00 pm IST
Disney CEO Iger Wins Proxy Battle, But Headaches Remain

Disney CEO Iger Wins Proxy Battle, But Headaches Remain

-- Bob Iger, head of Walt Disney, has won a significant victory in a proxy battle, cementing his status as a dominant figure in Hollywood. The win caps a tough and expensive campaign for Disney, which...
April 04, 2024 at 04:40 pm IST
ThredUp CEO:  Thrift, Resale Taking Share From Brands

ThredUp CEO: Thrift, Resale Taking Share From Brands

-- James Reinhart, CEO of ThredUp, highlights the growing consumer interest in buying second-hand products, driven by environmental and financial reasons. He highlights the importance of technology in...
April 04, 2024 at 02:43 am IST
Paramount turns down $26bn bid to join forces with Skydance

Paramount turns down $26bn bid to join forces with Skydance

-- Paramount Global has entered into exclusive discussions with David Ellison-led Skydance, setting aside a $26bn offer from Apollo Global Management. The move, prompted by concerns over the financing...
April 04, 2024 at 01:47 am IST
Apple Explores Personal Robots After Car Fails

Apple Explores Personal Robots After Car Fails

-- Apple is embarking on the adventure of personal robotics, opening a new chapter after the challenges encountered with its autonomous car project. The company has set up specialist teams to explore...
April 04, 2024 at 01:31 am IST
According to Eric Veiel, CIO of T. Rowe Price:  The financial sector has already reached full valuation

According to Eric Veiel, CIO of T. Rowe Price: The financial sector has already reached full valuation

-- Eric Veiel, CIO of T. Rowe Price, takes a measured approach to persistent inflation and the risk of a 1970s-style scenario. At present, T. Rowe Price maintains a neutral position between equities...
April 03, 2024 at 05:45 pm IST
Europe Stocks to See High Single-Digit Gains in 2024:  Citi

Europe Stocks to See High Single-Digit Gains in 2024: Citi

-- Citigroup's Elise Badoy points out that the European Central Bank's interest rate decisions appear to precede those of the US Federal Reserve. Despite some economic weakness in Europe, this could...
April 03, 2024 at 03:08 pm IST
Toyota, GM Sales Signal Shift Back to Cheaper Cars

Toyota, GM Sales Signal Shift Back to Cheaper Cars

-- Recent sales by Toyota and General Motors show a renewed interest in compact and economical cars. Faced with average new car prices of $47,000, American consumers are turning to more affordable...
April 03, 2024 at 01:31 pm IST
BIFOX's path to IPO with CEO Tim Koster

BIFOX's path to IPO with CEO Tim Koster

BIFOX's journey from integrated mining to specialty fertilizer production and its plans for IPO as CEO Tim Koster shares insights on strategy and market growth.
April 03, 2024 at 04:55 am IST
San Francisco Fed President Mary Daly:  Three Fed Rate Cuts Reasonable Projection for 2024

San Francisco Fed President Mary Daly: Three Fed Rate Cuts Reasonable Projection for 2024

-- The president of the San Francisco Federal Reserve, Mary Daly, has confirmed that the Fed is considering three rate cuts for the current year, while making it clear that these forecasts are not...
April 03, 2024 at 12:23 am IST
Lazard's M&A Chief Sees a Lot of Firepower on the Sidelines

Lazard's M&A Chief Sees a Lot of Firepower on the Sidelines

-- Mark McMaster, global head of mergers and acquisitions at Lazard, notes that even with high borrowing costs, companies continue to borrow to finance acquisitions. He expects this trend to continue,...
April 02, 2024 at 11:12 pm IST
BlackRock Debuts its First Tokenized Fund

BlackRock Debuts its First Tokenized Fund

-- BlackRock is launching its first tokenised fund, marking a significant step in the innovation of financial services through blockchain technology. The fund aims to transform capital markets by...
April 02, 2024 at 09:26 pm IST
No Fed Cut Is Not an Issue for Equities, Morgan Stanley's Slimmon Says

No Fed Cut Is Not an Issue for Equities, Morgan Stanley's Slimmon Says

-- Andrew Slimmon, Managing Director at Morgan Stanley Investment Management, discusses Tesla's current situation and the outlook for the technology market and cyclical sectors. Tesla, often the...
April 02, 2024 at 09:10 pm IST
Ledger CXO:  Watch Miners Ahead of Bitcoin Halving

Ledger CXO: Watch Miners Ahead of Bitcoin Halving

-- Ian Rogers, Chief Experience Officer at Ledger, discusses Bitcoin halving, an event that halves the reward for verifying transactions and adding new blocks to the blockchain. Rogers points out that...
April 02, 2024 at 12:50 am IST
Walgreens CEO on Narrowed Forecast, Shoppers Cutting Back Spending

Walgreens CEO on Narrowed Forecast, Shoppers Cutting Back Spending

-- Walgreens CEO Tim Wentworth discusses consumer caution on retail spending, saying consumers are looking for value and are willing to shop in bulk. He notes that some retailers are doing better than...
March 29, 2024 at 01:29 am IST
CRH CEO Albert Manifold discusses Baltimore bridge collapse

CRH CEO Albert Manifold discusses Baltimore bridge collapse

-- CRH CEO Albert Manifold discusses the tragic bridge collapse in Baltimore caused by a collision with a freighter. Manifold says that a full assessment of the incident will take time, and that it is...
March 28, 2024 at 11:37 pm IST