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 Greece expects record tourism revenue of 22 billion euros this year, says minister
Finance

Greece expects record tourism revenue of 22 billion euros this year, says minister

ATHENS (Reuters) - Greece expects record tourism revenues of about 22 billion euros ($23.24 billion)...

10th December, 2024

Image for Russian flows through Ukraine unchanged, Austria nominations up
Finance

Russian flows through Ukraine unchanged, Austria nominations up

MOSCOW/PRAGUE (Reuters) - Russian gas exports to Europe via Ukraine were stable on Tuesday while nom...

10th December, 2024

Image for UK's Ashtead proposes move to U.S. listing; warns on profit
Finance

UK's Ashtead proposes move to U.S. listing; warns on profit

(Reuters) - UK equipment rental firm Ashtead would shift its primary listing to the United States, i...

10th December, 2024

Image for Teamviewer acquires London-based 1E
Finance

Teamviewer acquires London-based 1E

(Reuters) - Teamviewer has acquired the IT firm 1E for an enterprise value of 720 million dollars, t...

10th December, 2024

Image for Britain's Thames Water says equity raise 'progressing'
Finance

Britain's Thames Water says equity raise 'progressing'

LONDON (Reuters) - Britain's Thames Water said its equity raise was progressing, the next stage of a...

10th December, 2024

Image for German inflation confirmed at 2.4% in November
Finance

German inflation confirmed at 2.4% in November

BERLIN (Reuters) - German inflation remained flat at 2.4% in November, the federal statistics office...

10th December, 2024

Image for Discounter Pepco books 775 million euros impairment charge on Poundland business
Finance

Discounter Pepco books 775 million euros impairment charge on Poundland business

LONDON (Reuters) - European discount retailer Pepco Group on Tuesday reported an annual net loss of...

10th December, 2024

Image for Allianz raises financial targets for next three years
Finance

Allianz raises financial targets for next three years

(Reuters) - Allianz, one of Europe's biggest insurers, raised its three-year financial targets durin...

10th December, 2024

Image for Sweden's Husqvarna warns of weaker sales, operating loss in Q4
Finance

Sweden's Husqvarna warns of weaker sales, operating loss in Q4

COPENHAGEN (Reuters) - Husqvarna expects its organic sales for the fourth quarter to decline year-on...

10th December, 2024

Image for Pakistan's largest conglomerate Engro Corp eyes tower sharing expansion with Veon tie-up
Finance

Pakistan's largest conglomerate Engro Corp eyes tower sharing expansion with Veon tie-up

By Ariba Shahid KARACHI (Reuters) - Pakistan’s largest conglomerate Engro Corp, through it’s strateg...

10th December, 2024

Image for China's Hengli uses extra import quota to buy Mideast oil from Total, traders say
Finance

China's Hengli uses extra import quota to buy Mideast oil from Total, traders say

By Chen Aizhu and Florence Tan SINGAPORE (Reuters) - Private Chinese refiner Hengli Petrochemical ha...

10th December, 2024

Image for Morning Bid: China policy talk lifts stocks but bonds balk
Finance

Morning Bid: China policy talk lifts stocks but bonds balk

A look at the day ahead in European and global markets from Tom Westbrook China's equity markets hav...

10th December, 2024