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 CEOs of European chip makers concerned about nationalist industrial policies
Business

CEOs of European chip makers concerned about nationalist industrial policies

By Toby Sterling MUNICH (Reuters) -The CEOs of Europe’s three biggest computer chip makers on Monday...

12th November, 2024

Image for Walmart, other US retailers import fewer Christmas goods ahead of tepid holiday season
Business

Walmart, other US retailers import fewer Christmas goods ahead of tepid holiday season

By Richa Naidu, Aishwarya Venugopal, Siddharth Cavale (Reuters) -Santa Claus is not delivering as ma...

11th November, 2024

Image for Asterion agrees to sell data centre operator Nabiax to Aermont
Business

Asterion agrees to sell data centre operator Nabiax to Aermont

(Reuters) – Spanish infrastructure investment fund Asterion Industrial Partners and Telefonica agree...

11th November, 2024

Image for German regulator sets stamp price guidelines, shrugging off DHL protest
Business

German regulator sets stamp price guidelines, shrugging off DHL protest

DUESSELDORF (Reuters) – Germany’s network regulator confirmed its guidelines for the pricing of post...

11th November, 2024

Image for Schroders’ new CEO shakes up top team after bruising year
Business

Schroders’ new CEO shakes up top team after bruising year

LONDON (Reuters) – New Schroders CEO Richard Oldfield has more than halved the size of the asset man...

11th November, 2024

Image for Moncler repeats it won’t comment on ‘unsubstantiated rumors’ about Burberry
Business

Moncler repeats it won’t comment on ‘unsubstantiated rumors’ about Burberry

MILAN (Reuters) – Italy’s Moncler on Monday reiterated it would not comment “on unsubstantiated rumo...

11th November, 2024

Image for Fonterra raises milk price forecast and confirms plans to exit consumer-facing business
Business

Fonterra raises milk price forecast and confirms plans to exit consumer-facing business

By Rajasik Mukherjee (Reuters) -New Zealand dairy giant Fonterra Co-operative raised its milk price...

11th November, 2024

Image for Australia’s Novonix inks deal to supply synthetic graphite to Stellantis
Business

Australia’s Novonix inks deal to supply synthetic graphite to Stellantis

(Reuters) – Australian battery maker Novonix said on Monday it had signed a binding off-take agreeme...

11th November, 2024

Image for Continental cuts sales guidance, posts Q3 profit beat
Business

Continental cuts sales guidance, posts Q3 profit beat

(Reuters) – German automotive and industrial supplier Continental on Monday cut its sales guidance f...

11th November, 2024

Image for Stellantis, partner Leapmotor scrap plan to make second EV model in Poland, sources say
Business

Stellantis, partner Leapmotor scrap plan to make second EV model in Poland, sources say

SHANGHAI (Reuters) -Stellantis and its Chinese partner Leapmotor have scrapped a plan to make a seco...

11th November, 2024

Image for UK supermarket Asda ‘lost the plot’ but is fixable, says chairman
Business

UK supermarket Asda ‘lost the plot’ but is fixable, says chairman

By James Davey LONDON (Reuters) – Asda, Britain’s third largest supermarket, “lost the plot” but can...

9th November, 2024

Image for French wine output seen falling by a quarter due to adverse weather
Business

French wine output seen falling by a quarter due to adverse weather

By Sybille de La Hamaide PARIS (Reuters) – France’s wine output is expected to fall by nearly a quar...

9th November, 2024