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 Klarna Bank fined $46 million in Sweden money laundering probe
Finance

Klarna Bank fined $46 million in Sweden money laundering probe

OSLO (Reuters) -Sweden's Financial Supervisory Authority said on Wednesday it had fined Klarna Bank...

11th December, 2024

Image for German e-retailer Zalando makes takeover bid for rival About You
Finance

German e-retailer Zalando makes takeover bid for rival About You

(Reuters) - German online retailer Zalando on Wednesday said it intends to acquire fashion holding A...

11th December, 2024

Image for Italian tycoon Caltagirone ready to raise stake in Anima to 9.9%, Corriere says
Finance

Italian tycoon Caltagirone ready to raise stake in Anima to 9.9%, Corriere says

MILAN (Reuters) - Italian tycoon Francesco Gaetano Caltagirone is set to raise its stake in asset ma...

11th December, 2024

Image for Romanian pro-European parties agree to quickly form broad coalition government
Finance

Romanian pro-European parties agree to quickly form broad coalition government

BUCHAREST (Reuters) - Romania's pro-European parties reached a firm commitment late on Monday to for...

11th December, 2024

Image for Zara owner Inditex reports strong start of holiday shopping season
Finance

Zara owner Inditex reports strong start of holiday shopping season

MADRID (Reuters) - Zara owner Inditex reported strong trading over the start of the holiday season,...

11th December, 2024

Image for Bank of England set to stay in central bank slow lane and keep rates on hold
Finance

Bank of England set to stay in central bank slow lane and keep rates on hold

By William Schomberg LONDON (Reuters) - The Bank of England looks set to keep interest rates on hold...

11th December, 2024

Image for Airline pilots, crews voice concerns about Middle East routes
Finance

Airline pilots, crews voice concerns about Middle East routes

By Joanna Plucinska and Lisa Barrington LONDON (Reuters) - In late September, an experienced pilot a...

11th December, 2024

Image for Geely's Farizon partners with Jameel Motors to break into UK EV market
Finance

Geely's Farizon partners with Jameel Motors to break into UK EV market

(Reuters) - China's Farizon, an electric and hybrid truck manufacturer owned by automaker Geely, ann...

11th December, 2024

Image for Analysis-Stocks cheered Trump's victory, but tariffs bring unknowns to 2025
Finance

Analysis-Stocks cheered Trump's victory, but tariffs bring unknowns to 2025

By Lewis Krauskopf NEW YORK (Reuters) - The U.S. stock market welcomed Donald Trump's victory in the...

11th December, 2024

Image for Verdict on Swiss handling of Credit Suisse meltdown to set tone for UBS
Finance

Verdict on Swiss handling of Credit Suisse meltdown to set tone for UBS

By Ariane Luthi and Oliver Hirt ZURICH (Reuters) - A long-awaited report on how Swiss authorities ha...

11th December, 2024

Image for TUI sees further uptick in package holidays after strong year
Finance

TUI sees further uptick in package holidays after strong year

(Reuters) - Europe's largest tour operator TUI on Wednesday reported a boost in profit in the 2024 f...

11th December, 2024

Image for Morning Bid: Priced for perfection into CPI
Finance

Morning Bid: Priced for perfection into CPI

A look at the day ahead in European and global markets from Tom Westbrook Markets head into the rele...

11th December, 2024