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 LSEG completes divestment of stake in Euroclear Holding for $478 million
Finance

LSEG completes divestment of stake in Euroclear Holding for $478 million

(Reuters) - The London Stock Exchange Group on Thursday said it had completed the divestment of its...

12th December, 2024

Image for Drax to supply biomass pellets to US aviation fuel project
Finance

Drax to supply biomass pellets to US aviation fuel project

LONDON (Reuters) - British power company Drax said on Thursday it had reached an agreement on the te...

12th December, 2024

Image for Rosneft, Reliance agree biggest ever India-Russia oil supply deal, sources say
Finance

Rosneft, Reliance agree biggest ever India-Russia oil supply deal, sources say

By Nidhi Verma NEW DELHI/MOSCOW (Reuters) -Russia's state oil firm Rosneft has agreed to supply near...

12th December, 2024

Image for Sino-Ocean bondholders submit counter restructuring proposal to London court
Finance

Sino-Ocean bondholders submit counter restructuring proposal to London court

By Clare Jim HONG KONG (Reuters) - The ad hoc bondholder group of state-backed Sino-Ocean Group has...

12th December, 2024

Image for UK's SThree warns on profit amid tough hiring market conditions
Finance

UK's SThree warns on profit amid tough hiring market conditions

(Reuters) - British recruiter SThree Plc warned on its 2024 fiscal year profit on Thursday, and said...

12th December, 2024

Image for Russia will boost global AI clout despite Western sanctions, Sberbank first deputy CEO says
Finance

Russia will boost global AI clout despite Western sanctions, Sberbank first deputy CEO says

MOSCOW (Reuters) - Russia has the potential to significantly improve its position in global AI ratin...

12th December, 2024

Image for Stellantis to extend stoppage at Mirafiori plant until Jan. 20, union says
Finance

Stellantis to extend stoppage at Mirafiori plant until Jan. 20, union says

ROME (Reuters) - Stellantis will extend the stoppage of car production at its Italian Mirafiori plan...

12th December, 2024

Image for British Banknote Printer De La Rue's half-year profit slips 7.6%
Finance

British Banknote Printer De La Rue's half-year profit slips 7.6%

(Reuters) - British banknote printer De La Rue on Thursday posted a 7.6% fall in half-year operating...

12th December, 2024

Image for UK electricals chain Currys sticks to forecast for annual profit growth
Finance

UK electricals chain Currys sticks to forecast for annual profit growth

LONDON (Reuters) - British electricals retailer Currys kept its forecast for annual profit growth as...

12th December, 2024

Image for Ina Invest says merger talks with Cham advanced
Finance

Ina Invest says merger talks with Cham advanced

ZURICH (Reuters) - Swiss real estate company Ina Invest said on Thursday its merger talks with peer...

12th December, 2024

Image for Pirelli investor Camfin plans to raise stake to 29.9%, Italian daily says
Finance

Pirelli investor Camfin plans to raise stake to 29.9%, Italian daily says

ROME (Reuters) - Camfin, the family vehicle of Pirelli's executive vice chairman Marco Tronchetti Pr...

12th December, 2024

Image for UK to mostly avoid tariff trouble with the U.S., say economists: Reuters poll
Finance

UK to mostly avoid tariff trouble with the U.S., say economists: Reuters poll

By Shaloo Shrivastava BENGALURU (Reuters) - U.S. President-elect Donald Trump will impose a tariff o...

12th December, 2024