Och ziff picks outsider to end ceo succession saga

Lots of us, when we're looking for summer reads , want nothing more than page-turners featuring teen vampires or gumshoe detectives to pass the time on the beach. But what if you could use your vacation reading to improve your life and your business without sacrificing too much entertainment value? That's what star Wharton professor and best-selling author Adam Grant promises with his latest list of newly released books. This summer edition of his regularly appearing lists of book recommendations offers titles on topics ranging from persuasion to global geopolitics that will both teach you something useful and keep you occupied on your sun lounger. "These are the dozen new releases for May and June that fired me up," Grant promises. Maybe they'll fire up your mind this summer too. 1. How Minds Change by David McRaney "A riveting read on the art and science of persuasion. David McRaney's brilliant book will force you to rethink your views about … [Read more...] about 12 Books for a Smarter, Less Stressed, More Successful Summer, Recommended by Adam Grant

KUALA LUMPUR: Bursa Malaysia ended the first half of 2022 on a disappointing note as selling pressure picked up the pace while key Asian markets also closed lower. The bellwether FBM KLCI has so far this year lost 123.31 points or 7.86% from 1,567.53 on Dec 31, 2021. The index closed the final day of the first half 7.26 points lower or 0.5% to close at 1,444.22. In the broader market, laggards outnumbered gainers 521-to-327; about 2.26 billion shares changed hands valued at RM1.97bil. “Markets are getting slammed as we head into the quarter-end, with global growth worries dominating and gas flows into Europe topping the laundry list of concerns on the continent,” SPI Asset Management managing director Stephen Innes said. He said the broader narrative remains unchanged, with growth worries dominating on the back of central bank tightening and the Fed road show pushing its hawkish front loader tone. “More broadly, price action continues to act poorly with growth worries … [Read more...] about Bursa ends 1H on a disappointing note, KLCI closes 7.26 points lower

This article first appeared in The Edge Malaysia Weekly, on June 20, 2022 - June 26, 2022. - A + A ALL eyes are on RHB Banking Group’s newly minted group managing director (MD) and group CEO Mohd Rashid Mohamad as he steers the fourth-largest banking group by assets forward in a tough operating landscape. “It’s very challenging, especially now in a fast-changing market environment, and as we face potential risks such as geopolitical and inflationary,” acknowledges Rashid in his first exclusive interview as group MD/CEO. Competition has intensified, given new entrants into the market, which are not just new banks but also technology companies that compete for the same pie. Rashid adds that this has partly affected the profitability of the industry, along with many other factors. He notes that banks globally no longer see “high ROEs” as before. For RHB Bank Bhd, its return on equity (ROE) in the past 10 financial years hit a high of 13.4% in FY2012 before … [Read more...] about Cover Story: RHB’s Game Plan in ‘fast-changing’ new normal

Share to Twitter Share to Linkedin InnovationRx is your weekly digest of healthcare news. To get it in your inbox, subscribe here . T he World Health Organization said over the weekend that the spread of monkeypox does not yet rise to the level of a public health emergency of international concern. However, the committee will reconvene if there is significant spread to additional countries and higher rates of cases in the next 21 days. On Tuesday, the Biden Administration announced plans to expand access to nearly 300,000 doses of the monkeypox vaccine manufactured by Denmark-based Bavarian Nordic. By the end of the year, the federal government expects 1.6 million doses will be available. “While monkeypox poses minimal risk to most Americans, we are doing everything we can to offer vaccines to those at high-risk of contracting the virus,” HHS Secretary Xavier Becerra said in a statement . Monkeypox does not spread as easily as Covid-19. It is … [Read more...] about InnovationRx: Monkeypox Vaccine Rollout; Plus, Omicron-Specific Boosters

Share to Twitter Share to Linkedin It’s an open question whether Ghislaine Maxwell’s sentence of 20 years and her fine of $750,000 handed down by Judge Alison Nathan on June 28 will bring the longed-for end of the decades-long nightmare to Jeffrey Epstein’s and Ghislaine Maxwell’s many victims, both those who figured in Ms. Maxwell’s indictment and trial and the many dozens who did not. On the positive side for those victims, Maxwell’s sentencing does at least signal a resolution of this set of proceedings and provides an interregnum for assessing events thus far, as the convicted felon now begins the formalities of serving what remains of her sentence in her assigned federal facility in Danbury, Connecticut. But with Ms. Maxwell’s and her attorneys’ stated intent to appeal, it seems likely that, in a larger way, Ghislaine Maxwell’s own narrative of her years with Epstein and her quotient of guilt in the many civil and criminal matters that enveloped her … [Read more...] about Decoding Ghislaine Maxwell: By Way Of Apology At Sentencing, She Tries To Recast Herself As An Epstein “Victim”

Angelica Ross is the definition of a multi-hyphenate: As a founder, CEO, transgender rights activist, actor, producer, and singer-songwriter, she wears many hats at once. After teaching herself web design and coding, Ross began working as a webmaster. In 2014 she founded TransTech, a Chicago-based social enterprise company that trains transgender people in tech skills and helps to get them jobs. Now, since finding mainstream success on screen starring in FX's Pose and American Horror Story , Ross is launching a sister company, TransTech Global Enterprises, an agency that provides services including web development, app development, marketing, and social media management. In an Inc. Your Next Move interview with The Honey Pot CEO Beatrice Dixon, Ross discusses some of biggest things she's learned in her varied career. Here are three key lessons for entrepreneurs from the conversation. 1. Focus on yourself "People are constantly looking outside of themselves for … [Read more...] about Angelica Ross: 3 Lessons for Overcoming Your Biggest Challenges in Both Life and Business

Share to Twitter Share to Linkedin Sourcing funding for diverse emerging managers of venture funds is a struggle. As a result, you have to think outside the box, as Lisa Morales-Hellebo and Brian Laung Aoaeh, general partners and cofounders at REFASHIOND Ventures, have. Their fund invests in early-stage innovations that refashion global supply chains . The pair are using AngelList's Rolling Funds , which is designed to solve several friction points that diverse emerging managers face when raising funds. A rolling fund enables fund managers to accept new capital by auto-renewing quarterly commitments, rather than having to raise a significant portion of their fund before investing can begin. Rolling funds allow fund managers to quickly and continually raise capital as they build a track record, enabling them to increase the fund size overtime. For a deeper analysis , read Laung Aoaeh's article. To attract investors (limited partners), diverse … [Read more...] about A Rolling Fund May Be Just What Women And BIPOC Venture Capitalists Need To Raise Funding

A lot of people are liking the sound of crypto casino sites these days, and one of the most talked-about is mBit Casino. So of course, we wanted to see what the fuss was all about. We’ve looked at its bonuses, game portfolio, how the site feels and a whole bunch of other criteria – and this mBit Casino review is the result. Pros: Instant payouts Plenty of crypto deposit options, including Tether Welcome package worth up to 5 BTC + 300 free spins to get started Over 3,000 games to choose from Provably fair crypto games Trusted online casino Discord server to chat with other players 24/7 customer support Cons: No live dealer games in some countries No sports betting All the bonuses available at mBit: mBit welcome bonus of up to 5 BTC + 300 free spins Mascot Madness with a total prize pool of 105,500 25% slots bonus every Monday Other weekly promos (Bitty Quiz with exclusive rewards, jackpot slots promo, and more) In general, we liked what we … [Read more...] about mBit Casino Review: Is It a Legit & Safe Crypto Casino Site?

Share to Twitter Share to Linkedin Top Nevada-based cannabis cultivator and producer Flower One has made a key hire to its C-suite team. The company has named Tim Shoemake as chief operating officer. His appointment began June 28, 2022. On Shoemake joining Flower One, Kellen O'Keefe, president and CEO of Flower One, expressed unbounded enthusiasm. “We are very excited to have Tim on board, as he brings a unique combination of experience both inside and outside of cannabis to the table,” said O’Keefe, in a statement . “Tim’s expertise in large-scale, highly competitive perishable goods manufacturing makes him a valuable asset, and we look forward to working closely with him to assure we deliver the quality and consistency needed to be successful.” Shoemake echoed O'Keefe's enthusiasm. “I am thrilled to be part of such a fantastic organization, with a clear vision and deep commitment to doing things right," he said, also in a statement. "The … [Read more...] about Nevada Cannabis Firm Flower One Expands C-Suite With New Hire

Representative image. Jet Airways is in the process of finalising a new deal for its fleet and is expected to sign the deal in the next couple of weeks, multiple sources aware of the matter told Moneycontrol . “The timeline for delivery of planes is being finalised as the airline is very keen to start increasing its operations once it takes flight. Once the timelines are finalised, the deal will be signed and announced,” a senior company official said. He added that at the moment Jet Airways has not made a final decision on the type of aircraft it wants to procure and the contract is mostly going to depend on the manufacturer’s ability to deliver planes in a timely manner. “Jet Airways wants to start taking delivery of new planes by the end of 2023 or even before that and will look to take delivery of around 20 planes every year for the next four years,” an industry insider aware of the discussions said. On June 27, Bloomberg reported that the once-defunct Indian … [Read more...] about Jet Airways likely to sign deal for new planes in next couple of weeks: Sources