Business schools have a responsibility to ‘train the leaders of tomorrow’ amid global ‘fragmentation’, says ESSEC dean Vincenzo Vinzi

ACI Worldwide's CFO, Robert Leibrock, reported that despite a slowdown in consumer spending in the U.S., the company is experiencing growth in demand for digital payment systems in underbanked regions of Latin America and Asia. This trend highlights the expanding reach of financial technology in areas previously lacking access to banking services.

The UK government has announced plans to extend the Soft Drinks Industry Levy by lowering the sugar threshold from 5g to 4.5g per 100ml, which will now include bottled milkshakes and pre-packaged lattes. This move aims to combat rising obesity rates and improve public health by discouraging high-sugar beverages.

Marissa Adams, HSBC's Regional Head of Global Trade Solutions for Europe and Americas, expressed optimism regarding the growth of international trade among US companies during an interview with Bloomberg. She highlighted that US corporates are more positive about trade prospects compared to their global counterparts, indicating a potential shift in trade dynamics.

Masayoshi Son's fortune has decreased by nearly $5 billion due to concerns surrounding OpenAI, resulting in a significant drop in his ranking on Forbes' real-time list of Asia's richest individuals, falling from third to eighth position this month.

The European Bank for Reconstruction and Development (EBRD) has issued a warning that parts of Europe may face a downward economic spiral if older voters and political leaders obstruct necessary reforms aimed at addressing the challenges posed by aging populations. This situation is particularly concerning for economies that have transitioned from Communism, which may struggle to adapt without these reforms.

The US Commerce Secretary has urged Europe to reconsider its regulations on big tech companies as a condition for reducing US tariffs on steel exports. This statement highlights the ongoing negotiations between the US and Europe regarding trade policies and tariffs.