Unilever Chief Schumacher Will Hand Over to CFO in Surprise Exit In an unexpected turn of events, Unilever’s Chief Executive Officer, Alan Jope, announced that Jan Zijderveld, the current Chief Financial Officer, will be taking over the reins from Schumacher. This surprising move comes as Schumacher is set to step down on March 1st and […]
AI Could Raise Inflation Short Term, Warns Bank of Canada Governor
In an insightful address at an AI conference in Toronto, Bank of Canada Governor Tiff Macklem highlighted how the rapid adoption of artificial intelligence (AI) technologies could induce short-term inflationary pressures. His views reflect ongoing debates about the balance between technological advancements and economic stability. Macklem’s main argument centers on the premise that while AI […]