Oil giant Shell has announced it will exit its joint ventures with Russian energy giant Gazprom, just a day after BP said it planned to divest its nearly 20% stake in the Russian oil company Rosneft. Shell’s decision will see the oil giant pull out of its 27.5% stake in Gazprom, its 50% stake in […]
“Elon Musk, while you try to colonise Mars — Russia try to occupy Ukraine! While your rockets successfully land from space — Russian rockets attack Ukrainian civil people!" Ukraine’s vice prime minister, Mykhailo Fedorov, tweeted. Internet connectivity in Ukraine has been heavily impacted by the Russia invasion, particularly in the south and east of the […]
We speak with Alexandra Kobler who currently serves as the CEO of Die Bodenschmiede - a flooring company in the building industry. After more than 20 years in management positions and most recently as a manager for KPMG, Alexandra founded Bodenschmiede in 2017 and now has 40 employees and freelancers working for the company. With a turnover of just under 5 million, the company is among the top 3 players in the field in Germany.
Louis-Dreyfus had been attempting to sell a stake in agricultural commodity trading house Louis Dreyfus Co after she borrowed over $1 billion from Credit Suisse Group AG to buy out family members. The heiress had over $400 million of debt due by the end of 2020. However, since then, Louis-Dreyfus has sold 45% of Louis […]
On Monday, Ferrari’s new chief executive Benedetto Vigna announced a new team to sharpen the company’s technology focus and product exclusivity as it pushes toward electrification amid increasing demand. In a statement, it was announced that functions including “Product Development and Research and Development”, “Digital and Data” and “Technologies and Infrastructures” will from now on […]
Bond is set to step down at the end of March after ten years with the European retailer, which owns discount stores under the Pepco, Poundland, and Dealz brands across the continent. Bond, who is also a former chief of supermarket chain Asda, will remain an adviser to the board until the end of the […]
The charging concept, located in Nuremberg, Germany, is part of a pilot programme aimed at making life simpler for EV owners living in urban areas, particularly for those who don’t have access to a supercharger at home. “We want to use it to test flexible and premium-oriented quick-charging infrastructure in urban space,” says Ralph Hollmig, […]
Champagne Henriot has named the release Les Mémoires, which comprises three bottlings dating as far back as the 1950s. The Champagnes hail from vintages 1959, 1971, and 1981 and have been meticulously aged in Henriot’s cool cellars in Reims, northeastern France. In the spring of this year, the rare bottlings were disgorged by hand, then […]
Bertelli told an analyst presentation in Milan that he says three years because of his age, though insists he’s not anxious about it. He says he believes his son has “the right attitude” for the job, but “it will be up to him to decide” when to take over. Lorenzo, who currently stands as the […]
Gary Connors, Partner at Oliver Wight EAME, explains what business should be doing in the wake of the COP26 summit. The dialogue and agreements witnessed at COP26 this year have brought on important advances. Despite the last-minute disappointments on the reduction of the usage of coal by China and India the conference reflected a strong […]
We introduce you to Wascosa – a Swiss company focussed on the hiring out and management of freight cars for rail traffic and a pioneer in the industry. Peter Balzer is the Chief Executive Officer of Wascosa and works closely with Philipp Müller, Chairman of the Board of Directors. Peter has been in charge of Wascosa's fortunes since 2014 and since then has helped the company to become the fourth largest wagon leasing company in Europe. He tells us all about it over the next few pages.
The superyacht, known as the Y721, spans 417ft. It was rolled out in the Zwijndrecht shipyard in the west of the Netherlands earlier this week, since generating much excitement. The Y721 is set to be the largest sailing yacht in the world when it is finally complete in 2022, overtaking the current largest ocean passenger […]
CEO Today Online and CEO Today magazine are dedicated to providing CEOs and C-level executives with the latest corporate developments, business news and technological innovations.
