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Search resuls for: "Rich Lesser"


7 mentions found


☆ Chinese consumers are about to return from the holidays. That doesn't mean the economy will pick up.
  + stars: | 2024-02-14 | by ( Huileng Tan | ) www.businessinsider.com   time to read: +4 min
AdvertisementChina's economy and markets were weak coming into 2024, but investor sentiment could worsen after the ongoing Chinese New Year break. "Service consumption growth will likely slow sharply after the Chinese New Year holiday on fading pent-up demand and weakening consumer confidence," the economists wrote. Authorities have pulled more than a dozen moves since January to try to stabilize the stock market rout and support downbeat property market demand amid its real-estate crisis. After all, there were suggestions earlier that authorities are considering a stabilization fund to rescue the flailing stock market. AdvertisementMainland stock markets are closed this week for public holidays.
Persons: —, Rich Lesser, Lesser, Hang, Xi Jinping Organizations: Beijing, Service, Chinese Ministry of Commerce, Nomura, Boston Consulting, Hang Seng China Enterprises, Authorities Locations: China, Beijing, Hong Kong
☆ US lawmakers question the loyalties of McKinsey and other big American consulting firms over their work in Saudi Arabia
  + stars: | 2024-02-08 | by ( Lakshmi Varanasi | ) www.businessinsider.com   time to read: +4 min
American consulting shops like McKinsey & Co., BCG, Teneo, and M. Klein & Co. are helping Saudi Arabia diversify its oil-dependent economy through its lucrative Public Investment Fund. This story is available exclusively to Business Insider subscribers. Saudi Arabia, though, has imposed strict rules on what information the American consulting companies can share with the US government, and that's irked some American lawmakers. AdvertisementSo much so that Congress forced the heads of McKinsey, BCG, Teneo, and M. Klein & Co. to testify this week about their failure to comply with subpoenas regarding their firms' work with Saudi Arabia . BCG, Teneo, and M. Klein & Co. did not respond to a request for comment from Business Insider.
Persons: —, Cristiano Ronaldo, Sen, Richard Blumenthal, Bob Sternfels, Rich Lesser, Blumenthal, Michael Klein Organizations: Service, McKinsey & Co, Klein, Co, Public Investment Fund, Business, Saudi, Al, McKinsey, Investigations Locations: Saudi Arabia, United States, Saudi
☆ At Davos, Leaders Talked Big on Rebuilding Trust. Can the World Economic Forum Make a Difference?
  + stars: | 2024-01-19 | by ( Associated Press | Jan. | At A.M. | ) www.usnews.com   time to read: +6 min
DAVOS, Switzerland (AP) — Business and political elites descended on the Swiss Alpine snows of Davos to suss out “rebuilding trust” in a splintering world. If there’s any takeaway from the World Economic Forum's annual meeting — boldly touting that theme — it’s that we still have a long way to go. The idea is getting people together, and big announcements are often just a byproduct — not the aim. “It’s unrealistic to think that Davos — or any meeting, anywhere in the world — in one meeting can rebuild trust when it’s fragmented on so many dimensions," said Rich Lesser, chairman of Boston Consulting Group. But thousands of conversations between the social, private and public sectors help create "a starting point for rebuilding trust,” he said.
Persons: —, Rich Lesser, ”, bigwigs, Bill Gates, Agnès Callamard, craziness, Long, Volodymyr Zelenskyy, ” Zelenskyy, ” Pham Minh Chinh, vociferously, Benjamin Netanyahu, Antony Blinken, wasn't, Antonio Guterres, Masha Macpherson, David Keyton, Courtney Bonnell, Kelvin Chan Organizations: —, Boston Consulting, Nature Energy, “ Cooperation, Security, Amnesty, European Union, U.S, Israeli, ” Locations: DAVOS, Switzerland, Swiss, Davos, suss, Ukraine, U.S, India, South Africa, UKRAINE, Kyiv, Europe, United States, Britain, Israel, Gaza, Palestinian, Saudi Arabia, London
☆ Watch CNBC's full interview with Boston Consulting Group's Rich Lesser
  + stars: | 2023-08-18 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Boston Consulting Group's Rich LesserRich Lesser, Boston Consulting Group global chair, joins 'Squawk Box' to discuss the mindset of corporate leaders, including on the economy, markets, labor market, climate and more.
Persons: Boston Consulting Group's Rich, Boston Consulting Group's Rich Lesser Rich Organizations: Boston Consulting Group's, Boston Consulting Group's Rich Lesser, Boston Consulting Group's Rich Lesser Rich Lesser, Boston Consulting Group
☆ BCG's Rich Lesser: There is a focus on resilience and productivity right now for companies
  + stars: | 2023-08-18 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBCG's Rich Lesser: There is a focus on resilience and productivity right now for companiesRich Lesser, Boston Consulting Group global chair, joins 'Squawk Box' to discuss the mindset of corporate leaders, including on the economy, markets, labor market, climate and more.
Persons: Lesser, Rich Lesser Organizations: Boston Consulting Group
☆ Companies need to build a 'competitive advantage' with their use of A.I., says consultancy
  + stars: | 2023-05-08 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCompanies need to build a 'competitive advantage' with their use of A.I., says consultancyRich Lesser of Boston Consulting Group discusses the future of artificial intelligence in the context of business and U.S.-China tensions.
☆ Biden taps CEOs of 3M, CVS, FedEx, Citi, others to join his Export Council on trade
  + stars: | 2023-02-28 | by ( Emma Kinery | ) www.cnbc.com   time to read: +3 min
U.S. President Joe Biden has appointed the heads of Citigroup , United Airlines , CVS , 3M and FedEx , among other top executives, to sit on a White House advisory committee overseeing international trade. The President's Export Council gives recommendations and insight into the ways government policies impact U.S. trade performance. The group also provides feedback on how Biden's trade policies are affecting businesses across sectors from industry and labor to agriculture. She previously served as chief operating officer and group president of Starbucks and CEO of Sam's Club. The Export Council features expertise from labor, real estate, national security and law, and leaders of Fortune 200 companies.
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