Business
UK’s SSE says CEO Phillips-Davies to retire in 2025 as profits soar
By Aby Jose Koilparambil (Reuters) – British power generator and network operator SSE’s CEO Alistair...
13th 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
Global luxury sales to fall 2% in 2024, among weakest years on record, Bain says
By Elisa Anzolin MILAN (Reuters) – Sales of personal luxury goods are set to fall 2% this year, maki...
13th November, 2024
Business
Amazon, IKEA join other ocean cargo shippers to boost demand for new green fuels
By Lisa Baertlein (Reuters) – Amazon.com and IKEA, in alliance with about three dozen other companie...
13th November, 2024
Business
Just Eat Takeaway sells US unit Grubhub for $650 million, shares jump 20%
By Michal Aleksandrowicz and Gianluca Lo Nostro (Reuters) -Europe’s biggest meal delivery firm Just...
13th November, 2024
Business
Swisscom’s Vodafone Italia acquisition cleared by Italian communications authority
(Reuters) – Swisscom’s acquisition of Vodafone Italia was cleared by Italy’s communications authorit...
13th November, 2024
Business
Factbox-Seven & i’s reported offer and the biggest management buyouts to date
By Kane Wu HONG KONG (Reuters) – Japan’s Seven & i Holdings said on Wednesday it has received a buyo...
13th November, 2024
Business
German union says auto and engineering workers to get 5.5% wage rise
By Alexander Hübner and Ilona Wissenbach MUNICH/FRANKFURT (Reuters) -Workers at German carmakers and...
12th November, 2024
Business
Chemicals maker BASF India Q2 profit falls 14% on higher input costs
(Reuters) – Chemicals maker BASF India posted a 14.2% drop in second-quarter profit on Tuesday, hurt...
12th November, 2024
Business
Mediobanca shares slide 7% following revenue miss
MILAN (Reuters) – Italy’s Mediobanca missed revenue estimates and cut its full-year net interest inc...
12th November, 2024
Business
German TV customer losses hit Vodafone
LONDON (Reuters) -Mobile operator Vodafone on Tuesday reported a sharp downturn in Germany, it bigge...
12th November, 2024
Business
SoftBank swings back to quarterly profit with $7.7 billion gain
By Anton Bridge TOKYO (Reuters) -Japan’s SoftBank Group swung to a 1.18 trillion yen ($7.7 billion)...
12th November, 2024
Business
AstraZeneca lifts 2024 revenue and profit forecast after Q3 beat
(Reuters) – Drugmaker AstraZeneca lifted its annual sales and profit forecast for the second time in...
12th November, 2024