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 US defense contributions 'unfair,' Europe needs to do more, incoming Lithuanian minister says
Finance

US defense contributions 'unfair,' Europe needs to do more, incoming Lithuanian minister says

NEW YORK (Reuters) - Lithuanian Defence Minister Dovile Sakaliene said on Wednesday that the large U...

11th December, 2024

Image for Decathlon CEO says France is unstable after no-confidence vote
Finance

Decathlon CEO says France is unstable after no-confidence vote

NEW YORK (Reuters) - The political situation in France is unstable after the no-confidence vote topp...

11th December, 2024

Image for Adidas raided for second day running in EU tax investigation, FT reports
Finance

Adidas raided for second day running in EU tax investigation, FT reports

BERLIN (Reuters) - Investigators carried out searches at Adidas's headquarters for a second consecut...

11th December, 2024

Image for Soccer-Morocco, Spain, Portugal to host 2030 World Cup, Saudi Arabia to stage 2034 edition
Finance

Soccer-Morocco, Spain, Portugal to host 2030 World Cup, Saudi Arabia to stage 2034 edition

(Reuters) - Saudi Arabia will host the men's soccer World Cup in 2034 while the 2030 edition will be...

11th December, 2024

Image for Nasdaq hits 20,000 for first time as AI rally rages on
Finance

Nasdaq hits 20,000 for first time as AI rally rages on

(Reuters) - The Nasdaq breached the 20,000-point mark on Wednesday, as a rally in technology stocks...

11th December, 2024

Image for Erdogan meets Somalia, Ethiopia leaders separately amid Somaliland dispute
Finance

Erdogan meets Somalia, Ethiopia leaders separately amid Somaliland dispute

ANKARA (Reuters) - Turkish President Tayyip Erdogan held separate meetings with the leaders of Somal...

11th December, 2024

Image for UniCredit says ECB raises core capital threshold for 2025 to 10.3% from 10%
Finance

UniCredit says ECB raises core capital threshold for 2025 to 10.3% from 10%

MILAN (Reuters) - UniCredit, Italy's second largest bank, said on Wednesday the European Central Ban...

11th December, 2024

Image for Cucinelli ups its forecasts for 2024 turnover
Finance

Cucinelli ups its forecasts for 2024 turnover

MILAN (Reuters) - Italian luxury group Brunello Cucinelli on Wednesday revised up its expectations f...

11th December, 2024

Image for Polish fashion retailer LPP's Q3 profit misses forecasts
Finance

Polish fashion retailer LPP's Q3 profit misses forecasts

(Reuters) - Poland's biggest fashion retailer LPP on Thursday reported third-quarter profit that mis...

11th December, 2024

Image for Low global demand creates opportunity for more US sanctions on Russian oil, Yellen says
Finance

Low global demand creates opportunity for more US sanctions on Russian oil, Yellen says

WASHINGTON (Reuters) - The United States is continuing to look for creative ways to reduce Russia's...

11th December, 2024

Image for How Italian bank M&A heated up with UniCredit bid for Banco BPM
Finance

How Italian bank M&A heated up with UniCredit bid for Banco BPM

By Andrea Mandala and Valentina Za MILAN (Reuters) - Italy's unfolding banking takeover tussles have...

11th December, 2024

Image for Soccer-Saudi Arabia's human rights record under fire after World Cup bid win
Finance

Soccer-Saudi Arabia's human rights record under fire after World Cup bid win

(Reuters) - Amnesty International lashed out at FIFA for awarding Saudi Arabia the organisation of t...

11th December, 2024