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 Elior forecasts slower revenue growth for 2025, shares slump
Business

Elior forecasts slower revenue growth for 2025, shares slump

By Mathias de Rozario (Reuters) -French food caterer Elior said on Wednesday it expected revenue gro...

20th November, 2024

Image for Tereos warns of more trouble ahead after low sugar prices cut H1 results
Business

Tereos warns of more trouble ahead after low sugar prices cut H1 results

By Sybille de La Hamaide PARIS (Reuters) – French group Tereos, one of the world’s largest sugar mak...

20th November, 2024

Image for Factbox-Top 20 global family-owned retail businesses
Business

Factbox-Top 20 global family-owned retail businesses

By Linda Pasquini and Agata Rybska (Reuters) – Japan’s Seven & i Holdings received a buyout proposal...

20th November, 2024

Image for Sweden’s Northvolt appoints restructuring expert to oversee main facility -report
Business

Sweden’s Northvolt appoints restructuring expert to oversee main facility -report

COPENHAGEN (Reuters) – Northvolt has appointed restructuring expert Paul O’Donnell to oversee the li...

20th November, 2024

Image for Discounter Lidl to step up UK store openings
Business

Discounter Lidl to step up UK store openings

By James Davey LONDON (Reuters) -The British arm of German discount supermarket chain Lidl will acce...

20th November, 2024

Image for Cinven secures Italian nod to sell minority stake in Synlab to Labcorp
Business

Cinven secures Italian nod to sell minority stake in Synlab to Labcorp

ROME (Reuters) – Private equity firm Cinven secured a conditional approval from Italian authorities...

20th November, 2024

Image for VW plans for factory closures cross several red lines, works council chief says
Business

VW plans for factory closures cross several red lines, works council chief says

WOLFSBURG/BERLIN (Reuters) – Volkswagen is planning to shut factories in every scenario presented to...

20th November, 2024

Image for Nokia wins ‘multi-billion’ dollar deal in India
Business

Nokia wins ‘multi-billion’ dollar deal in India

HELSINKI (Reuters) – Finnish telecom equipment supplier Nokia on Wednesday said it had won a “multi-...

20th November, 2024

Image for Ninety One enters partnership with Sanlam, assets rise 1%
Business

Ninety One enters partnership with Sanlam, assets rise 1%

LONDON (Reuters) – Asset manager Ninety One has entered an investment partnership with South African...

20th November, 2024

Image for STMicroelectronics delays long-term targets to 2030
Business

STMicroelectronics delays long-term targets to 2030

(Reuters) -STMicroelectronics (ST) pushed back its long-term financial forecasts on Wednesday, follo...

20th November, 2024

Image for Exclusive-In high-wage Germany, VW’s labour costs outstrip the competition
Business

Exclusive-In high-wage Germany, VW’s labour costs outstrip the competition

By Victoria Waldersee and Christoph Steitz BERLIN/FRANKFURT (Reuters) – As Volkswagen and unions gea...

20th November, 2024

Image for Nokia’s US shares rise after T-Mobile says no plans to stop partnership
Business

Nokia’s US shares rise after T-Mobile says no plans to stop partnership

(Reuters) – U.S.-listed shares of Nokia jumped around 5% in extended trading on Tuesday after T-Mobi...

20th November, 2024