Bain & Company | Global news | Page 3

An overview of Bain & Company global news:

United Kingdom

Two-fifths of professional services work could be automated with AI Professional services work could see more than 40% of its labour automated with the use of generative AI, according to a new study. The work of management is the area most ripe for automation.
05 September 2023
Middle East

GCC sees more inclusion of women in workforce Women have been increasingly integrated into the workforce in the Gulf Cooperation Council (GCC) countries, with the largest integration in Qatar.
04 September 2023
Middle East

Global metaverse market could reach $900 billion by 2030 Projections show that metaverse could reach a market size of between $700 billion to $900 billion by 2030.
28 August 2023
United States

Global metaverse sector could reach $900 billion by 2030 The metaverse sector could reach up to $900 billion by 2030, according to Bain & Company’s “Taking the Hyperbole out of the Metaverse” report.
18 August 2023
Europe

Global luxury goods industry could grow by 12% this year The luxury goods market – think watches, jewelry, and high fashion brands – is growing at a remarkable rate, with the global market expected to reach up to €570 billion by 2030, which is double its w
18 August 2023
Egypt

Egypt a rising star in green tourism, says Bain & Company The tourism industry in Egypt has several routes towards increased sustainability, with some initiatives already under way. However, more still needs to be done to fully leverage these assets.
18 August 2023
United States

Ex-Bainee Lori Flees appointed CEO of Valvoline Lori Flees, a former partner at Bain & Company, has been appointed CEO of Valvoline, a Lexington, KY-headquartered retail automotive services company.
14 August 2023
Australia

Bain & Company welcomes five to partnership in Australia Melbourne and Sydney-based consultants feature among 70 mid-year partnership and expert partner promotions made by Bain & Company across the consultancy’s global office footprint.
09 August 2023
Australia

Bain buys Australian AI consulting business of Max Kelsen Bain & Company has bought Australian AI and machine learning consulting start-up Max Kelsen, which includes roughly 40 local professionals.
03 August 2023
United States

US consultancies struggling to find projects in China Amid a state security crackdown on the professional services sector and foreign capital flight due to worsening geopolitical conditions, US consultancies are struggling to find work in China, accordi
26 July 2023
Europe

Bain & Company appoints partners in Germany and Switzerland Global strategy consulting firm Bain & Company has strengthened its partnership in the DACH region with four new members: Bodo Körber, Deike Diers, Renato Jorio, and Sebastian Nick.
20 July 2023
Asia

Bain & Company buys APAC arm of venture studio Rainmaking Bain & Company has expanded its venture and business-building capabilities in Asia with the acquisition of the Asia Pacific wing of Rainmaking.
07 July 2023
United Kingdom

The top professional services firms for gender equality in the UK The Times has named its list of the UK’s most inclusive employers. Among the top 50 firms were 18 from the professional services sector.
05 July 2023
United States

Bain & Company announces global partnership with SAP Bain & Company on Thursday announced a global partnership with SAP SE, the German-headquartered enterprise resource planning (ERP) software giant.
23 June 2023
Germany

Claus Helbing and Miroslav Lazica join Bain’s partner team Global strategy consulting firm Bain & Company has welcomed two new partners in Germany.
23 June 2023
United Kingdom

Supermarket giant Carrefour launches ChatGPT tools for shoppers French grocery firm Carrefour has unfurled a new ChatGPT service, to help shoppers find the right products for them.
22 June 2023
United Kingdom

US investors find UK less attractive after Brexit For the third consecutive year, US investors have suggested they are less confident in sinking funds into British operations, according to a new poll.
19 June 2023
Europe

Bain helps Carrefour bring OpenAI’s ChatGPT to its shoppers Carrefour is rolling out three cutting-edge tech solutions based on ChatGPT technology.
13 June 2023
India

Report: India's internet economy to hit $1 trillion by 2030 India’s digital economy is expecting a six-fold increase in growth in the near future, and is set to hit a value of $1 trillion by 2030.
06 June 2023
Europe

Companies that offer top ESG value see 5x higher revenue growth Sustainability sells: Brands that embrace purpose and sustainability can capture more consumer interest and drive growth.
05 June 2023
United States

NCAA taps Bain & Company for review The National Collegiate Athletic Association (NCAA) has selected strategy firm Bain & Company to perform a review of its business.
18 May 2023
United States

Capvision targeted in Chinese crackdown on foreign consultancies Chinese state television on Monday broadcast a raid on Capvision, as the country continues its crackdown on consulting firms.
12 May 2023
United States

Bain invests in automation expert Ashling Partners Bain & Company has formed a strategic alliance with Ashling Partners, a Chicago-based provider of automation consulting and implementation services.
11 May 2023
United Kingdom

Investments in ESG boost revenue and EBITDA growth Companies which take environmental, social and governance policies most seriously enjoy enhanced results, according to a new study.
11 May 2023
Middle East

Gulf will need to embrace carbon offsetting to meet climate goals In order to avoid worsening the effects of climate change, governments must embrace carbon offsetting and the voluntary carbon market.
09 May 2023
United States

Bain venture ESG Flo brings transparency to sustainability data Bain & Company has launched ESG Flo, a new venture that provides an AI-enabled data management solution for environmental, social, and governance (ESG) programs.
05 May 2023
United Kingdom

Chinese authorities question Bain & Company staff in Shanghai Police in China have questioned Bain & Company staff, though the subject of the talks are still only subject to speculation.
04 May 2023
China

Chinese police questions Bain & Company staff in Shanghai The Shanghai office of global strategy consulting firm Bain & Company has been visited by Chinese police, who reportedly questioned some staff members on company dealings and engagements.
02 May 2023
United States

Chinese police question Bain's employees in Shanghai Chinese police visited the Shanghai offices of Bain & Company to question its employees, as Chinese scrutiny of US firms continues to rise.
01 May 2023
United States

MBB consultancies push back some MBA start dates to next year McKinsey & Company, Bain & Company, and Boston Consulting Group (BCG) have delayed the start dates of some new MBA hires to 2024, according to a Wall Street Journal report.
20 April 2023
India

Karan Singh leads Bain’s Sustainability & Responsibility arm in APAC Bain & Company has appointed India chairman Karan Singh as the new Asia Pacific leader of its Sustainability & Responsibility practice.
13 April 2023
United Kingdom

Government reverses Bain & Company's public sector ban In 2022, Bain & Company was barred form bidding for government contracts, due to its role in a state capture scandal in South Africa.
03 April 2023

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