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Capital Media

How a Soviet miner from the 1930s helped create today’s intense corporate workplace culture

How a Soviet miner from the 1930s helped create today’s intense corporate workplace culture

One summer night in August, 1935, a young Soviet miner named Alexei Stakhanov managed to extract 102 tonnes of coal in a single shift. This was nothing short of extraordinary (according to Soviet planning, the…

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ESMA and EBA publish final guidance on fit and proper requirements

Combating money laundering and terrorist financing is essential for maintaining stability and integrity in the financial system. Uncovering involvement of credit institutions and investment firms in money laundering and terrorist financing might have an impact…

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‘fool’s gold’ contains a newly discovered type of real gold

‘fool’s gold’ contains a newly discovered type of real gold

The mineral pyrite was historically nicknamed fool’s gold because of its deceptive resemblance to the precious metal. The term was often used during the California gold rush in the 1840s because inexperienced prospectors would claim…

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AXA and Affin Bank to sell insurance operations in Malaysia to Generali

AXA and Affin Bank Berhad (Affin Bank) have announced the proposed sale of AXA Affin General Insurance (AAGI) and AXA Affin Life Insurance (AALI) in Malaysia to Generali, for total cash proceeds of MYR 688m…

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Iranian president appoints new central bank governor

Iranian president appoints new central bank governor

Iran’s outgoing president has promoted the central bank’s deputy governor to the top role, one month after dismissing his predecessor. Akbar Komijani will become the Central Bank of Iran’s governor after being approved by the…

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La BOAD accorde une ligne de 10 milliards FCFA à BGFIBank Côte d’Ivoire pour refinancement de la filière Cajou

La BOAD accorde une ligne de 10 milliards FCFA à BGFIBank Côte d’Ivoire pour refinancement de la filière Cajou

( BGFIBank) – Ce jeudi 10 juin 2021 à Abidjan, M. Jean Marcel ABOUMON, Chef de la Mission Résidente de la Banque ouest-africaine de développement (BOAD) en Côte d’Ivoire et M. Malick NDIAYE (photo), directeur…

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Cell C est en négociations avancées avec RMB et Investec Ltd pour un prêt de 280 millions $

Cell C est en négociations avancées avec RMB et Investec Ltd pour un prêt de 280 millions $

(Agence Ecofin) – Le retour à la croissance n’est toujours pas au rendez-vous chez Cell C. Mais l’entreprise a toutefois réussi à réduire ses dépenses et ses pertes financières grâce au plan de restructuration initié…

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ECB’s Knot says “inflation is not dead” in Europe

ECB’s Knot says “inflation is not dead” in Europe

© Reuters. FILE PHOTO: ECB board member Klaas Knot appears at a Dutch parliamentary hearing in The Hague, Netherlands September 23, 2019 REUTERS/Eva Plevier/ AMSTERDAM (Reuters) – Rising inflation in Europe may not be temporary,…

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Protests delay inauguration of Chile’s new constitutional assembly By Reuters

Protests delay inauguration of Chile’s new constitutional assembly By Reuters

5/5 © Reuters. A demonstrator holds an object during a rally as constitutional assembly members hold first session to draft a new constitution, in Santiago, Chile July 4, 2021. REUTERS/Pablo Sanhueza 2/5 By Aislinn Laing…

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Today’s intense workplace culture can be traced back to a forgotten Soviet coal miner – podcast

Today’s intense workplace culture can be traced back to a forgotten Soviet coal miner – podcast

This episode of The Conversation’s In Depth Out Loud podcast features the story of a young Soviet miner named Alexei Stakhanov, and how the work ethic he embodied in the 1930s has been invoked by…

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