Business
Tavares clashed with Stellantis board over revival plan, sources say
By Giulio Piovaccari and Alessandro Parodi MILAN (Reuters) – Outgoing CEO Carlos Tavares clashed wit...
3rd December, 2024
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.
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Business
Factbox-How India says Volkswagen evaded $1.4 billion in import taxes
NEW DELHI (Reuters) – India has alleged Volkswagen evaded $1.4 billion in taxes by “wilfully” paying...
2nd December, 2024
Business
AirBaltic stalls IPO until at least the first half of 2025
By Joanna Plucinska LONDON (Reuters) -AirBaltic is pushing its planned initial public offering back...
2nd December, 2024
Business
Hapag-Lloyd expects lower profitability in fourth quarter
(Reuters) – Hapag-Lloyd expects lower profitability in the fourth quarter but still at a “good level...
2nd December, 2024
Business
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
Business
Delivery Hero sees 100 million euro hit from making Spanish riders employees
By Paolo Laudani (Reuters) -Delivery Hero will hire freelance riders at its Glovo unit in Spain as f...
2nd December, 2024
Business
Scottish Power invites Grangemouth, ISG workers to apply
LONDON (Reuters) – Iberdrola’s Scottish Power said it is seeking 1,000 recruits next year and has ur...
2nd December, 2024
Business
Euro zone Nov factory activity fell sharply; outlook gloomy, PMI shows
LONDON (Reuters) – Euro zone manufacturing activity fell sharply last month and a further decline in...
2nd December, 2024
Business
Stellantis drops after CEO Tavares resigns
(Reuters) -Shares in Stellantis slumped as much as 8.9% on Monday, hitting their lowest in more than...
2nd December, 2024
Business
Polish manufacturing PMI dips as new orders fall, outlook weakens
WARSAW (Reuters) – Poland’s manufacturing sector saw a renewed contraction in November as new orders...
2nd December, 2024
Business
Delivery Hero says Glovo riders in Spain to become employees
(Reuters) – Delivery Hero said on Monday that freelance riders at its Glovo unit in Spain will be hi...
2nd December, 2024
Business
Prosus nearly doubles profit in H1 on strong e-commerce, Tencent growth
JOHANNESBURG (Reuters) – Dutch technology investor Prosus NV reported on Monday an 89.5% jump in cor...
2nd December, 2024