Chevron, one of the world’s largest energy corporations, is set to achieve a major milestone in the global oil market. The company announced plans to reach production levels of one million barrels per day (bpd) from one of the world’s largest oil…
Forbes Staff
Forbes Staff is a revered member of the prestigious Forbes Switzerland team, dedicated to providing outstanding content and insightful journalism. With an extensive knowledge of the local business landscape and an unwavering commitment to unearthing captivating stories, Forbes Staff showcases their expertise in the realm of business reporting. As a respected and cherished contributor to Forbes Switzerland, they offer readers invaluable perspectives on the vibrant and dynamic business ecosystem of Switzerland.
Nike’s newly appointed CEO is charting a bold course to bring the global retail giant back to its roots in sports, shifting the focus from lifestyle trends to the performance-driven ethos that built the brand into a global powerhouse. The announcement comes…
In a groundbreaking revelation that underscores the transformative potential of artificial intelligence (AI) in financial services, Goldman Sachs CEO David Solomon announced that AI technology is now capable of drafting 95% of an initial public offering (IPO) prospectus in just minutes. The…
Jensen Huang, the visionary CEO of NVIDIA, recently shared a bold prediction about the evolving role of IT departments in the age of artificial intelligence. Speaking at a recent conference, Huang asserted that as AI technology continues to advance, IT will transition…
Gucci, one of the most recognizable names in fashion, finds itself at a crossroads as it welcomes a new CEO tasked with revitalizing the brand. While Gucci has enjoyed periods of massive success, it has also faced its share of struggles, making…
In a bold move that could reshape the social media landscape, American billionaire Frank McCourt and entrepreneur Kevin O’Leary have formally submitted an offer to acquire TikTok. Backed by a coalition of investors and supported by debt financing, their bid has reportedly…
In a world where philanthropy often comes with press releases and public accolades, MacKenzie Scott has taken a path less traveled. The billionaire author and philanthropist, ex-wife of Amazon founder Jeff Bezos, has once again stunned the world with her quiet yet…
In a significant development for the banking sector, Barclays is reportedly preparing to boost its annual bonuses by as much as 20% for its employees. The decision comes despite a challenging year for global financial markets and amid mixed performance results for…
In a landmark moment for the tech industry, Databricks, a leading data analytics and artificial intelligence (AI) company, is on the verge of securing a staggering $10 billion in venture capital (VC) funding. This monumental deal, expected to set a new benchmark…
As President-elect Donald Trump prepares to take office for a second term in January 2025, Federal Reserve officials are signaling a cautious approach to monetary policy, advocating for measured rate cuts in the coming year. In a meeting this week, several policymakers…
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