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 Airbus cuts 2,000 Defence and Space jobs, taming earlier plans
Finance

Airbus cuts 2,000 Defence and Space jobs, taming earlier plans

By Tim Hepher PARIS (Reuters) - Airbus announced just over 2,000 job cuts in Defence and Space, or a...

5th December, 2024

Image for Britain drug-cost watchdog says it will recommend Lilly obesity drug
Finance

Britain drug-cost watchdog says it will recommend Lilly obesity drug

By Maggie Fick LONDON (Reuters) - Britain's drugs cost-effectiveness watchdog NICE said on Thursday...

5th December, 2024

Image for Commerzbank CEO says Europe needs bigger banks, but conditions not right
Finance

Commerzbank CEO says Europe needs bigger banks, but conditions not right

LONDON (Reuters) -Commerzbank's CEO said on Wednesday that Europe needed bigger banks to compete wit...

5th December, 2024

Image for Exclusive-Rising costs squeeze intermediaries out of thriving Russian oil trade with India
Finance

Exclusive-Rising costs squeeze intermediaries out of thriving Russian oil trade with India

By Nidhi Verma NEW DELHI/MOSCOW (Reuters) - Three trading houses have become dominant sellers of Rus...

5th December, 2024

Image for Oil slightly firmer ahead of OPEC+ supply decision
Finance

Oil slightly firmer ahead of OPEC+ supply decision

By Yuka Obayashi and Jeslyn Lerh SINGAPORE (Reuters) -Oil prices were mostly stable on Thursday ahea...

5th December, 2024

Image for Euro drifts as political turmoil dents sentiment; bitcoin scales $100,000
Finance

Euro drifts as political turmoil dents sentiment; bitcoin scales $100,000

By Ankur Banerjee SINGAPORE (Reuters) -The euro was subdued on Thursday after the widely expected co...

5th December, 2024

Image for Film studio proposal in the spotlight as UK PM Starmer plots planning overhaul
Finance

Film studio proposal in the spotlight as UK PM Starmer plots planning overhaul

By Alistair Smout MARLOW, England (Reuters) - A dispute over proposals for a film studio on a plot o...

5th December, 2024

Image for South American, EU negotiators race to close divisive trade deal
Finance

South American, EU negotiators race to close divisive trade deal

By Lucinda Elliott, Lisandra Paraguassu and Anthony Boadle MONTEVIDEO/BRASILIA (Reuters) -South Amer...

5th December, 2024

Image for Rate cut bets boost stocks as bitcoin breaks $100,000
Finance

Rate cut bets boost stocks as bitcoin breaks $100,000

By Tom Westbrook SINGAPORE (Reuters) -Bitcoin broke $100,000 on Thursday as investors bet on a frien...

5th December, 2024

Image for Asian stocks see heavy outflows for second straight month in November
Finance

Asian stocks see heavy outflows for second straight month in November

By Gaurav Dogra (Reuters) - Asian stocks were under selling pressure from foreign investors for a se...

5th December, 2024

Image for German gas levy limbo raises risk of higher costs for edgy neighbours
Finance

German gas levy limbo raises risk of higher costs for edgy neighbours

By Vera Eckert FRANKFURT (Reuters) -The collapse of Germany's governing coalition risks delaying a d...

5th December, 2024

Image for UK's Frasers lowers top end of profit outlook, blames government budget
Finance

UK's Frasers lowers top end of profit outlook, blames government budget

LONDON (Reuters) - Frasers, the British sportswear and fashion retailer that is majority owned by Mi...

5th December, 2024