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 German manufacturing sector mired in downturn in November, PMI shows
Finance

German manufacturing sector mired in downturn in November, PMI shows

BERLIN (Reuters) - Germany's manufacturing sector remained firmly entrenched in contraction territor...

2nd December, 2024

Image for Oil rises on upbeat China data, shaky Israel-Lebanon ceasefire
Finance

Oil rises on upbeat China data, shaky Israel-Lebanon ceasefire

By Florence Tan and Gabrielle Ng SINGAPORE (Reuters) -Oil prices rose on Monday, supported by strong...

2nd December, 2024

Image for Factbox-Europe's embattled auto sector plans plant closures and layoffs
Finance

Factbox-Europe's embattled auto sector plans plant closures and layoffs

(Reuters) - A slew of automotive companies have recently announced plant closures and big layoffs in...

2nd December, 2024

Image for Britain's Supreme buys Typhoo Tea out of administration
Finance

Britain's Supreme buys Typhoo Tea out of administration

(Reuters) - Britain's Supreme has bought out loss-making tea brand Typhoo Tea from administration in...

2nd December, 2024

Image for Euro drops vs strengthening dollar, French politics weigh
Finance

Euro drops vs strengthening dollar, French politics weigh

By Stefano Rebaudo and Wayne Cole (Reuters) -The euro dropped on Monday versus a strengthening U.S....

2nd December, 2024

Image for Bain-backed Kioxia sets price range for December IPO
Finance

Bain-backed Kioxia sets price range for December IPO

By Miho Uranaka and Sam Nussey TOKYO (Reuters) - Bain Capital-backed chipmaker Kioxia has set a tent...

2nd December, 2024

Image for Exclusive-Russia's VTB CEO says BRICS summit was a slap in the face for the West
Finance

Exclusive-Russia's VTB CEO says BRICS summit was a slap in the face for the West

MOSCOW (Reuters) - A summit of the BRICS countries held in the Russian city of Kazan in October was...

2nd December, 2024

Image for Floods slow Spanish manufacturing growth in November, PMI shows
Finance

Floods slow Spanish manufacturing growth in November, PMI shows

MADRID (Reuters) - Spain's manufacturing sector expanded at a slower pace in November, hindered by t...

2nd December, 2024

Image for Seeking higher margins, Stellantis CEO Tavares lost some core customers
Finance

Seeking higher margins, Stellantis CEO Tavares lost some core customers

By Giulio Piovaccari, Alessandro Parodi and Inti Landauro MILAN (Reuters) - When 24-year-old Elena A...

2nd December, 2024

Image for Russian factory activity expands marginally in November, PMI shows
Business

Russian factory activity expands marginally in November, PMI shows

(Reuters) – Activity across Russia’s manufacturing sector increased marginally in November, a busine...

2nd December, 2024

Image for Exclusive-Russia’s VTB sees 2025 GDP growth at 1.9%, CEO says
Business

Exclusive-Russia’s VTB sees 2025 GDP growth at 1.9%, CEO says

MOSCOW (Reuters) – Russia’s second-largest lender VTB sees 2025 GDP growth at 1.9%, above the Intern...

2nd December, 2024

Image for Unwelcome in Germany, UniCredit CEO zeroes in on Italy
Business

Unwelcome in Germany, UniCredit CEO zeroes in on Italy

By Tom Sims, John O’Donnell and Valentina Za MUNICH/FRANKFURT/MILAN (Reuters) -Just days before UniC...

2nd December, 2024