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 Future pandemic could cause $13.6 trln economic loss -Lloyd's of London
Finance

Future pandemic could cause $13.6 trln economic loss -Lloyd's of London

LONDON (Reuters) - Another human pandemic could cause economic losses of $13.6 trillion for the glob...

11th December, 2024

Image for UK's Close Bros granted permission to appeal motor finance ruling
Finance

UK's Close Bros granted permission to appeal motor finance ruling

(Reuters) - British lender Close Brothers on Wednesday said that it had been granted permission by t...

11th December, 2024

Image for Sterling at strongest on euro since March 2022, eyes pre-Brexit levels
Finance

Sterling at strongest on euro since March 2022, eyes pre-Brexit levels

By Alun John LONDON (Reuters) - Sterling was at its strongest against the euro in two-and-a-half yea...

11th December, 2024

Image for Up to 10,000 Bosch jobs at risk in Germany, deputy chairman says
Finance

Up to 10,000 Bosch jobs at risk in Germany, deputy chairman says

FRANKFURT (Reuters) - A number of recently announced staff reduction schemes at Bosch, the world's t...

11th December, 2024

Image for Exclusive-Two U.S. lawmakers push for some Syria sanctions relief after Assad's fall
Finance

Exclusive-Two U.S. lawmakers push for some Syria sanctions relief after Assad's fall

By Maya Gebeily DAMASCUS (Reuters) - Two U.S. congressmen have urged senior American officials to su...

11th December, 2024

Image for Russia tells its citizens to avoid travel to the West
Finance

Russia tells its citizens to avoid travel to the West

MOSCOW (Reuters) - Russia said on Wednesday that relations with the United States were so confrontat...

11th December, 2024

Image for UK's competition watchdog probes possible bid-rigging related to school improvement fund
Finance

UK's competition watchdog probes possible bid-rigging related to school improvement fund

(Reuters) - Britain's competition regulator said on Wednesday that it has launched an investigation...

11th December, 2024

Image for HSBC eyes $3 billion in potential savings from overhaul, Bloomberg News reports
Finance

HSBC eyes $3 billion in potential savings from overhaul, Bloomberg News reports

(Reuters) - HSBC Holdings Plc is examining plans that could cut costs by at least $3 billion as the...

11th December, 2024

Image for Landmark London office tower sale falls through on pricing deadlock
Finance

Landmark London office tower sale falls through on pricing deadlock

LONDON (Reuters) - Blackstone has pulled out of talks to buy a landmark office property in the City...

11th December, 2024

Image for FTSE 100 slides to two-week low ahead of US inflation print
Finance

FTSE 100 slides to two-week low ahead of US inflation print

(Reuters) - The UK's benchmark FTSE 100 fell to a two-week low on Wednesday, with Ashtead extending...

11th December, 2024

Image for UniCredit's German board member Chromik resigns, citing new professional ventures
Finance

UniCredit's German board member Chromik resigns, citing new professional ventures

MILAN (Reuters) - Marcus Johannes Chromik, an independent member of UniCredit's board and member of...

11th December, 2024

Image for Finnair prepares to cancel some flights as pilots reject wage offer
Finance

Finnair prepares to cancel some flights as pilots reject wage offer

COPENHAGEN (Reuters) -Finnair said on Wednesday it was preparing to cancel some flights on Friday, a...

11th December, 2024