Alibaba announces management change

Chinese online retailer Alibaba Group Holding Ltd announced on Monday, December 6, an upcoming management change. On April 1, Toby Sb will become the company’s new Chief Financial Officer, replacing Maggie Wu. Ms. Wu will remain one of the executive board members, according to the company’s announcement. The company has announced the creation of two … Read more

Tinkov on the disruption of the deal with Yandex: the company’s management was scared of my charisma

The founder of Tinkoff Bank, Oleg Tinkov, in the film “He is the only one like that” by journalist Andrei Loshak, spoke about the reasons for the failure of the transaction to sell the bank to Yandex. According to him, the management of the IT-company got scared of him and “chatted” the co-founder of “Yandex” … Read more

Lack of hours // Ural Airlines again leads in the number of delayed flights

Ural Airlines became the only Russian air carrier from the top 5, which in October delayed almost half of its flights. The airline’s management blamed airports for the massive delays, but other carriers do not support this version. General Director Sergei Skuratov said that the carrier has reached 98% punctuality according to the standards of … Read more

Emission Challenge // Digital Dollar and Euro Can Win Competition Against Weaker Currencies

Central bank digital currencies (CBDCs) of developed countries pose a threat to the monetary independence of developing economies, where foreign money is allowed to circulate with a small money supply of its own currency – although usually weak currencies win competition for circulation, while hard currencies are used for savings. Sebastian Edwards, an economist at … Read more

Management has changed in Togliattiazot // The board of directors includes representatives of the company’s minority shareholder – Uralchem

Uralchem, which owns 9.97% of the shares of Togliattiazot (TOAZ), with which it has been in corporate conflict for many years, was able to change the company’s board of directors, and also appoint one of its top managers to the post of general director of the enterprise. On the eve of the meeting, the structure … Read more