Stellantis chief quits following fallout over Luton van factory closure
Carlos Tavares, chief executive of automotive giant Stellantis, has stepped down with immediate effect following a reported fallout with the group’s chairman, John Elkann. The announcement comes just days after Tavares ordered the closure of Stellantis’ Vauxhall van factory in Luton,
Asda faces financial challenges as £900m Walmart repayment looms
Concerns are growing over Asda’s financial stability as the UK supermarket giant faces a £900 million repayment to its former owner, Walmart, by 2028. The repayment, which includes £500 million for Walmart’s remaining stake and £400 million in interest, has prompted
Alibaba.com backs athlete365 business accelerator to empower olympic athletes
In a significant move to bridge the gap between elite sports and entrepreneurship, the International Olympic Committee (IOC) has partnered with Alibaba.com to launch the fourth edition of the Athlete365 Business Accelerator programme. The initiative aims to equip current and former
SM Prime: 30 years of growth and good
Henry Sy, Sr. inside Shoemart Carriedo in the 1950sIn a span of 30 years, SM Prime Holdings (PSE: SMPH) has become a dominant force in the Philippine property sector, driven by its iconic SM malls and the market-leading developments of
The Benefits and Challenges of Implementing a Knowledge Management System in the Workplace
In today’s rapidly evolving business landscape, the implementation of a knowledge management system can be a significant game-changer for organizations. By effectively capturing, managing, and sharing company knowledge, businesses can enhance productivity and foster innovation among their workforce. With the right