Business

The Business category explores corporate strategy, leadership, mergers, acquisitions and regulatory reforms. In line with Global Banking & Finance Review’s commitment to industry news and case studies, it offers analysis to help executives navigate an evolving business landscape.

Image for Schroders seeks buyers for its Indonesian unit with $4 billion in assets, sources say
Finance

Schroders seeks buyers for its Indonesian unit with $4 billion in assets, sources say

SINGAPORE/HONG KONG (Reuters) - Schroders is looking to sell its Indonesian business, according to t...

13th December, 2024

Image for Munich Re targets 6 billion eur in net profit for 2025
Finance

Munich Re targets 6 billion eur in net profit for 2025

(Reuters) - The world's largest reinsurer Munich Re on Friday said that it is targeting 6 billion eu...

13th December, 2024

Image for SoftwareOne confirms it is in talks to acquire rival Crayon
Finance

SoftwareOne confirms it is in talks to acquire rival Crayon

(Reuters) - Swiss technology firm SoftwareOne Holding confirmed on Friday that it is in advanced dis...

13th December, 2024

Image for Exclusive-Aviva's India officials approved brokerage model queried by taxmen
Finance

Exclusive-Aviva's India officials approved brokerage model queried by taxmen

By Aditya Kalra and Nikunj Ohri NEW DELHI (Reuters) - An Aviva business model that Indian tax offici...

13th December, 2024

Image for Swiss Re targets net income of more than $4.4 billion for 2025
Finance

Swiss Re targets net income of more than $4.4 billion for 2025

(Reuters) -Swiss reinsurer Swiss Re on Friday said it is targeting net income of $4.4 billion for 20...

13th December, 2024

Image for Lilly's Mounjaro more popular than Wegovy in UK's private obesity drug market
Finance

Lilly's Mounjaro more popular than Wegovy in UK's private obesity drug market

By Maggie Fick LONDON (Reuters) - Britons paying privately for obesity drugs are increasingly choosi...

13th December, 2024

Image for Analysis-Worker shortages raise doubts over Britain's plan to build for growth
Finance

Analysis-Worker shortages raise doubts over Britain's plan to build for growth

By Suban Abdulla WORCESTER, England (Reuters) - An acute shortage of construction workers could unde...

13th December, 2024

Image for Morning Bid: Global rate cuts put dollar in driver's seat
Finance

Morning Bid: Global rate cuts put dollar in driver's seat

A look at the day ahead in European and global markets from Stella Qiu The rash of rate cuts over th...

13th December, 2024

Image for Japan's Kansai Electric buys into Iberdrola's 1.3 billion euro offshore wind project in Germany
Finance

Japan's Kansai Electric buys into Iberdrola's 1.3 billion euro offshore wind project in Germany

TOKYO (Reuters) - Japan's Kansai Electric Power Co has agreed to take a 49% stake in Iberdrola's Win...

13th December, 2024

Image for Asian shares fall, long-dated Treasuries set for worst week in a year
Finance

Asian shares fall, long-dated Treasuries set for worst week in a year

By Stella Qiu SYDNEY (Reuters) - Asia shares fell on Friday as a strong dollar kept risk sentiment f...

13th December, 2024

Image for Oil edges lower on 2025 supply surplus forecast, but set to notch weekly gain
Finance

Oil edges lower on 2025 supply surplus forecast, but set to notch weekly gain

By Florence Tan SINGAPORE (Reuters) - Oil prices inched lower on Friday as investors focused on a fo...

13th December, 2024

Image for Dollar set for best week in a month on cut-then-wait Fed outlook
Finance

Dollar set for best week in a month on cut-then-wait Fed outlook

By Kevin Buckland TOKYO (Reuters) - The dollar rose to a 2 1/2-week high against major peers on Frid...

13th December, 2024