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IIF, Global Debt

Global Debt Rose Around $7 Trillion to Record in 2024, Says IIF

Global debt increased by around $7 trillion in 2024 to reach $318 trillion, a record annual high and a reason for financial markets to be cautious, according to the Institute of International Finance.

Reuters · 17h

Global debt marches to record high, raising risk of bond vigilantes, IIF says

The global debt-to-GDP ratio rose for the first time since 2020 last year, as the world's debt stock hit a new year-end record of $318 trillion and economic growth slowed, an Institute of International Finance report showed on Tuesday.

WION on MSN · 2h

Global debt rises to $318 trillion in 2024, says IIF

The world's debt stock surged to a record $318 trillion in 2024, pushing the global debt-to-GDP ratio to 328%. This marks the first increase since 2020 as economic growth slowed and borrowing remained elevated.

Saks Global will slash about 5% of corporate workforce

Bloomberg L.P. · 12h

Saks Global Is Laying Off About 5% of US Corporate Workers

Saks Global is laying off around 5% of its US corporate workforce, according to a person familiar with the plan, as the department store integrates its recent acquisition Neiman Marcus.

New York Post on MSN · 8h

Saks Global will slash about 5% of corporate workforce after buying Neiman Marcus: source

The retail giant — which also owns Saks Fifth Avenue, Bergdorf Goodman and Saks OFF 5TH — will lay off employees from finance, legal and operations, human resources and technology departments, according to an internal memo sent to staffers that was viewed by The Post.

Yahoo · 9h

Saks Global Is Cutting 5 Percent of Its Corporate Workforce

Meanwhile, Dallas civic leaders have united to urge Saks Global to resolve a land lease issue the retailer says is forcing Neiman's downtown Dallas store to close.

Cadillac F1 to be managed by global group TWG Motorsports

The Washington Post · 17h

Cadillac F1 to be managed by global group TWG Motorsports. Dan Towriss named CEO of racing portfolio

The group that owns Cadillac Formula 1 officially launched TWG Motorsports on Tuesday as the division responsible for its rapidly growing motorsports portfolio

Newsweek on MSN · 17h

TWG Global Announces Expansion In NASCAR, F1, IndyCar, And IMSA With TWG Motorsports

TWG Global has today announced the launch of TWG Motorsports. The newly formed division aims to work with leading motorsport teams within NASCAR, Formula 1, IndyCar, and IMSA. Co-chairs Mark Walter and Thomas Tull spearheaded the founding of TWG Motorsports in late 2024.

Motorsports On SI on MSN · 17h

TWG Global Launches Motorsports Dynasty With Powerhouse Lineup That Includes Cadillac F1 Team

TWG Global has officially launched TWG Motorsports, a new division repositioning its motorsport involvement to improve its performance across the globe. Spearh

WiseTech Global names billionaire founder Richard White executive chairman

Australian logistics software maker WiseTech Global appointed Richard White as its executive chairman on Wednesday, even as ...

20h

Five Steps To Consider When Building Your Global Team

When expanding into new countries, regions or markets—whether that means market expansion, global talent acquisition or ...

15hon MSN

Global LNG demand to jump 60% by 2040, Shell forecasts

Global demand for liquefied natural gas is forecast to rise by 60% by 2040, driven largely by economic growth in Asia, the ...

16hon MSN

Chinese TV Formats Eye Global Expansion, Industry Leaders Reveal at Mip London

International TV format experts gathered at Mip London to discuss the growing exchange of content between China and global ...

Global Right-Wing Leaders Revel in a Renewed Fight, Supercharged by Trump

Emissaries of far-right parties overseas, gathering this week at the Conservative Political Action Conference near Washington ...

18hon MSN

Playground Global's Peter Barrett on quantum computing and tech's potential

Kate Rooney sits down with Peter Barrett, General Partner at Playground Global, to discuss quantum computing's potential, its ...

2don MSN

Yash’s ‘Toxic’ Unveils Global Ambitions, Shooting Simultaneously in English and Kannada Languages

Indian superstar Yash's upcoming 'Toxic - A Fairy Tale for Grown-Ups' is being simultaneously shot in the English and Kannada ...

2hon MSN

As Measles Cases Surge in Texas, WHO’s Global Control Program Risks Collapse

The World Health Organization has warned that its largest global laboratory network is on the brink of collapse unless new ...

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IIF, Global Debt

Saks Global will slash about 5% of corporate workforce

Cadillac F1 to be managed by global group TWG Motorsports

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