FDI

JPMorgan Chase Welcomes Hershey's Michele Buck to Its Board of Directors

10 days ago

In a significant move for both JPMorgan Chase & Co. and the Hershey Company, Michele Buck, the chief executive officer of Hershey, has been appointed to the board of directors at JPMorgan. This announcement came in early December 2024, marking a strategic addition to the banking giant's governance, reflecting its commitment to enhancing diversity and bringing in fresh perspectives.

The Evolving Landscape of Southeast Asia's Supply Chain Amid Global Trade Tensions

11 days ago

In recent weeks, the intricate dynamics of Southeast Asia's supply chain have taken center stage as various geopolitical and economic factors have reshaped the region's trade landscape. Companies operating in this area are bracing for significant changes due to escalating trade wars and shifting production strategies influenced by global market demands.

Chinese Electric Vehicle Manufacturers Struggle in European Market Amid Heated Tariff Conflicts

24 days ago

Chinese electric vehicle (EV) manufacturers are finding it increasingly difficult to maintain their foothold in the European market as recent tariff disputes escalate. The combination of rising operational costs, stringent regulations, and competitor pressure is forcing these companies to reassess their strategies. European regulatory measures aimed at protecting local manufacturers are further complicating the competitive landscape, making it even tougher for Chinese firms.

Mexico's 2025 Economic Outlook Dims Amid Looming Trump Tariffs

25 days ago

As we approach the end of 2024, experts are expressing growing concerns about Mexico's economic trajectory for 2025, primarily influenced by the potential reinstatement of tariffs by former President Donald Trump. This development signals a significant shift for Mexico, which has enjoyed a period of relative economic stability and growth.

Malaysia's Economic Surge: Investment Boost Drives Strong Growth

1 month ago

Malaysia's economy is currently experiencing remarkable growth, primarily fueled by a significant surge in investments, both domestic and foreign. The latest reports indicate that the country has maintained a robust growth trajectory, amidst global economic uncertainties, showcasing its resilience and attractiveness as a viable hub for investment.

BlackRock Critiques FDIC Proposal: A Potential Threat to Investors and Banks

2 months ago

In a significant development for the financial sector, BlackRock, the world's largest asset manager, has raised concerns regarding a recent proposal put forth by the Federal Deposit Insurance Corporation (FDIC). The firm argues that these new measures could inadvertently increase costs for banks and harm investors, thereby reshaping the landscape of the financial industry.

Southwest Airlines Strikes Groundbreaking Deal with Elliott Management, Expands Board Membership

2 months ago

In a significant development for Southwest Airlines, the company has announced a strategic agreement with Elliott Management, a prominent activist investment firm. This partnership comes with enhanced governance measures, as Southwest has appointed six new members to its board of directors, marking a pivotal shift in the airline's corporate structure.

Small Businesses Favor Human Interaction Over Technology, FDIC Reports

3 months ago

Whereas much of the advancements in technology support rapid development in financial services, the latest report from the Federal Deposit Insurance Corporation still found that the most pressing issue with banking service providers for small businesses was decidedly about people contact. These findings put a bright light on the enduring importance of personal contacts in the financial needs of the small enterprise.

Saudi Arabia's FDI Struggles Cast Shadow Over Crown Prince MBS's Ambitious Plans

3 months ago

These challenges, therefore, highly threaten Saudi Arabia's ambitious attempt to attract FDI, and if care is not taken, Crown Prince Mohammed bin Salman's dream of a total economic transformation of the kingdom may never be realized. The little FDI inflow into Saudi Arabia has not matched the government's lofty target amid aggressive reforms and some high-profile initiatives meant to reduce dependence on its oil.

Schroders Appoints Richard Burnett as Finance Chief and Promotes Johanna Kyrklund to Board

3 months ago

In what seems like a move to complete the leadership structure of the company, Schroders has added Richard Burnett to the position of Chief Financial Officer. In a press statement released by the asset management giant Schroders, it announced that Burnett was starting the role with effect from September 26, 2024. The firm has also announced that Johanna Kyrklund has been elevated to its Board of Directors.