Oil giant BP names former BG Group and Statoil boss as new chairman
Businessam Staff
April 26, 2018
BP, world’s leading integrated oil and gas companies, has named Helge Lund, an energy industry veteran, as its next chairman, succeeding Carl-Henric Svanberg. Lund, who has previously headed BG Group and was a longstanding chief executive at Statoil, will join BP’s board as chairman-designate and a non-executive director on September 1 before taking on the role of chairman […]
Fortune lists Delta Air CEO, Ed Bastian, among ‘World’s Greatest Leaders’
Businessam StaffApril 23, 2018
Fortune Magazine has named Delta CEO, Ed Bastian, to its prestigious list of “The World’s 50 Greatest Leaders” for 2018, joining a group that includes captains of industry, world political leaders, and philanthropic and environmental trailblazers. Bastian’s addition to the annual list of the “thinkers, speakers and doers who are stepping up to meet today’s […]
Zik’s Leadership prize for Ernest Ebi, chairman, Fidelity Bank
Businessam StaffApril 17, 2018
Ernest Ebi, the chairman of the board of directors of Fidelity Bank Plc, has been conferred with the 2017 Zik Award for Professional Leadership. The awards, organised by the Public Policy Research and Analysis Centre (PPRAC), the award was instituted 24 years ago in honour of the first president of Nigeria, the late Nnamdi Azikiwe, […]
Mark Zuckerberg’s net worth plunges by $11bn amid Cambridge Analytica scandal
Businessam StaffApril 11, 2018
Mark Zuckerberg, Facebook founder, and CEO testified before a combined Senate Judiciary and Commerce committee hearing Tuesday about user data privacy concerns raised by the Cambridge Analytica scandal which has sent Facebook shares spiraling. The shares settled at $185.09 on March 18, the trading day before the scandal broke, and have fallen 13% to just […]
Visiting London for the second time: Everything you need to see that tourists miss the first time around
Businessam StaffApril 10, 2018
SO, you’ve seen Buckingham Palace, Trafalgar Square, and Big Ben, but now that you’ve ticked off the mega touristy sights on your first trip to London, it’s time to get down to the nitty gritty; to what really makes London the cool, quirky, and sometimes straight-up weird city that it is. From sky-high rooftop gardens […]
Warren Buffett now America’s no. 2 real-estate broker
Businessam StaffApril 1, 2018
Warren Buffett’s Berkshire Hathaway is swallowing up market share in a business that Buffett said he “hardly noticed” when the company first acquired it in 2000. In light of the paucity of deals Berkshire struck last year, Buffett devoted ample space in this year’s annual report to touting the success of Berkshire’s HomeServices of America, […]
Amazon’s Jeff Bezos adds $25bn to fortune amid tensions between nations over trade tariffs
Businessam StaffMarch 27, 2018
The wealth of Jeff Bezos, Amazon founder continues, to grow even as the global market and indices stare at difficult times ahead amid tensions between nations over trade tariffs, The world witnessed massive sell-offs in the past couple of months as markets bled. Still, Bezos added $25 billion to his net worth in less than […]
Women on Wall St: Meet the first woman to be president of an exchange
Businessam StaffMarch 24, 2018
Rosemary McFadden was the first woman president of any stock or futures exchange in the United States when she became president of the New York Mercantile Exchange, a.k.a. the NYMEX, back in 1984. She went on to manage a staff of over 400 people, opened Exchange offices in Asia and Europe and was the NYMEX’s […]
You don’t need to take yourself seriously to be successful- Richard Branson
Businessam StaffMarch 12, 2018
When I started Virgin Records we didn’t have a big budget to spend on PR so we had to think creatively to build our brand and raise our profile. Sir Freddie Laker taught me the value of leading from the front and being happy to use myself as the face of the brand – it has served us very […]
Bezos to spend ‘Amazon lottery winnings’ on space travel
Businessam StaffMarch 12, 2018
Jeff Bezos wants to make space travel as dynamic and entrepreneurial as the internet. “The price of admission to space is very high,” Bezos said Saturday night in New York, accepting the Buzz Aldrin Space Exploration Award at the Explorers Club Annual Dinner. “I’m in the process of converting my Amazon lottery winnings into a much […]