Business
Standard Chartered mulls sale of wealth, retail operations in Africa
(Reuters) -Standard Chartered is exploring a potential divestment of its wealth and retail banking o...
27th November, 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.
Business
Nokia gets new telecom contract from Deutsche Telekom, replacing Huawei
STOCKHOLM (Reuters) -Nokia has signed a contract with Deutsche Telekom to roll out a mobile network...
27th November, 2024
Business
Grifols shares tumble as Brookfield plans to drop takeover plan
MADRID (Reuters) -Canadian fund Brookfield is planning to drop its plan to take over Spain’s Grifols...
27th November, 2024
Business
Galp drops plans to build Aurora lithium refinery in Portugal
(Reuters) – Portuguese energy company Galp said late on Tuesday it has dropped its plan to build the...
27th November, 2024
Business
Samsung Electronics changes chip chiefs after Chairman Lee confronts ‘crisis’
By Hyunjoo Jin and Heekyong Yang SEOUL (Reuters) –Samsung Electronics sought to inject impetus into...
27th November, 2024
Business
Thyssenkrupp lacks detailed plan for 11,000 steel unit job cuts, Handelsblatt reports
BERLIN (Reuters) – German industrial conglomerate Thyssenkrupp has not drawn up a detailed proposal...
27th November, 2024
Business
Polish utility PGE posts lower Q3 net profit dragged by coal segment
GDANSK (Reuters) – Poland’s biggest utility PGE reported a near 24% year-on-year fall in its third-q...
27th November, 2024
Business
Hyundai Motor to buy back $716 million worth of shares
SEOUL (Reuters) – Hyundai Motor will buy back 1 trillion won ($715.79 million) worth of shares start...
27th November, 2024
Business
HP forecasts Q1 profit below estimates on sluggish demand in PC market
By Priyanka G (Reuters) -HP forecast its first-quarter profit below Wall Street expectations on Tues...
27th November, 2024
Business
Stellantis to shut Vauxhall van plant in Britain
LONDON (Reuters) – Stellantis plans to shut its Vauxhall van factory in southern England, putting mo...
27th November, 2024
Business
ArcelorMittal wins UK bid to put Liberty Steel subsidiary into administration over unpaid debt
LONDON (Reuters) – ArcelorMittal won a bid on Tuesday to put a subsidiary of Liberty Steel, owned by...
27th November, 2024
Business
Analysis-How Trump’s Mexico tariffs could hurt Europe’s auto industry
By Nick Carey LONDON (Reuters) – Donald Trump’s pledge to slap tariffs on imports to the U.S. from M...
27th November, 2024