Social Responsibility

Roshni Nadar Malhotra has become a key player in India's corporate landscape, merging her sharp business skills with a profound dedication to charitable work. As the offspring of Shiv Nadar, the pioneering creator of HCL Technologies, and the first woman to head a significant IT services firm in India, Roshni is known for her shrewd leadership and commitment to social change. Currently, she is acknowledged not only as the third wealthiest individual in India but also as a pioneer transforming the direction of Indian business and giving.Born into one of India's leading business dynasties, Roshni was raised amidst the heritage…

The Mexican Center for Philanthropy (Cemefi) is a civil organization that, for over thirty years, has focused on encouraging philanthropy and corporate social responsibility in Mexico. Comprising universities, businesses, civil society organizations, foundations, and citizens, Cemefi aims to cultivate a donation culture and boost resources allocated to social programs and projects.​El Centro Mexicano para la Filantropía (Cemefi) es una organización civil que, desde hace más de tres décadas, se dedica a promover la filantropía y la responsabilidad social empresarial en México. Integrada por universidades, empresas, organizaciones de la sociedad civil, fundaciones y ciudadanos, Cemefi busca fomentar una cultura de donación…

Japanese automakers Nissan Motor and Honda Motor are reportedly in discussions regarding a potential merger The Nikkei newspaper. The move, which could reshape the global automotive landscape, aims to improve their ability to compete in an industry that is rapidly shifting towards electric vehicles, autonomous technology and intensifying competition from Chinese automakers and Tesla . The report suggests that the two companies are considering operating under a holding company, with plans to formalize their intentions through a memorandum of understanding in the near future. Additionally, the potential merger could bring Mitsubishi Motors, in which Nissan holds a 24% stake, under…

The UK economy unexpectedly contracted in October, exacerbating fears of a prolonged economic slowdown as businesses and households grapple with uncertainty. According to the Office for National Statistics (ONS), gross domestic product (GDP) fell by 0.1% month-on-month, defying economists' expectations of a modest 0.1% increase. This contraction follows a similar 0.1% decline in September, marking the second consecutive month of negative growth and raising concerns about the country's economic trajectory. The ONS attributed October's decline to reduced output across all key sectors. However, on a three-month rolling basis, GDP showed a slight increase of 0.1% for the period ending in…

Chinese leaders reaffirmed their commitment to boosting the nation's economy by unveiling plans for more aggressive fiscal policy and moderate monetary easing at a high-level economic planning meeting that concluded Thursday. The meeting, led by President Xi Jinping, highlighted the government's determination to stabilize growth despite growing external pressures and domestic challenges. State-run CCTV reported the meeting after the mainland stock market closed. The iShares China Large Cap ETF (FXI) briefly rose 0.8% in premarket trading before paring gains. The annual economic conference highlighted the need for increased government spending, a higher fiscal deficit and the issuance of very long-term…

For decades, María Amparo Carvajal in Bolivia and Juana Ruiz in Colombia have dedicated their lives to defending human rights and supporting survivors of violence and oppression. Their tireless efforts were recognized this week when the US State Department awarded them the prestigious Human Rights Defender Award. Carvajal, originally from Spain, has been a central figure in Bolivia's human rights movement since 1971, the year Hugo Banzer took power in a coup. Banzer's regime, which lasted until 1978, was characterized by widespread human rights violations, motivating Carvajal to take action. In 1976 he founded the Permanent Assembly for Human Rights…

Eric Yuan, founder and CEO of Zoom Communications Inc., spoke about the company's ongoing transformation at the annual Concordia Summit held in New York on September 25, 2024. The video conferencing giant, formerly known as Zoom Video Communications, reported solid financial results for its fiscal third quarter, but its shares fell 4% in extended trading on Monday amid mixed investor sentiment regarding its future guidance. Zoom posted results that beat Wall Street's expectations, showing steady growth in an evolving market for its services. According to LSEG financials, the company outperformed analysts' projections in both earnings per share and revenue. Adjusted…

Former French President François Hollande underlined the need for Europe to maintain unity in the face of growing US protectionism, especially regarding security and trade issues. His comments came shortly after Donald Trump's election victory, which raised concerns about potential economic challenges for the European Union, particularly his threat to impose a 10% tariff on European nations. This comes as Germany, a key economic hub for the region, grapples with economic hardship and political instability following the collapse of its coalition government. Additionally, there are growing concerns about the ongoing conflict in Ukraine and the possibility that the United States…

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