Business
Italy retail sales rise 1.2% m/m in September
(Reuters) – Italian retail sales rose 1.2% in September from the month before, data showed on Friday...
9th 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
IKEA reports higher profit despite revenue hit from price cuts
(Corrects paragraph 8 to show new factory was opened in Slovakia, not Slovenia) By Helen Reid LONDON...
9th November, 2024
Business
Exclusive-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 sec...
9th November, 2024
Business
Stellantis to lay off 400 workers at Detroit parts facility
By Nora Eckert DETROIT (Reuters) -Stellantis added to its rising tally of layoffs on Friday, saying...
9th November, 2024
Business
Richemont say US business in good position for growth
ZURICH (Reuters) -Richemont’s U.S. business is in a good position to carry on growing now that uncer...
9th November, 2024
Business
UK regulator flags concerns and remedies for sale of baby formula
(Reuters) -Britain’s competition watchdog flagged concerns and potential solutions regarding the dis...
9th November, 2024
Business
ASML hit with global IT outage that was resolved
(Reuters) – Computer chip equipment maker ASML had a global IT systems outage on Friday, which has b...
9th November, 2024
Business
Luxury shoemaker Manolo Blahnik enters China market after 22-year legal tussle
By Casey Hall SHANGHAI (Reuters) – Manolo Blahnik, the high-end shoe brand with many celebrity fans...
8th November, 2024
Business
Monster Beverage misses quarterly results on weaker demand
(Reuters) – Monster Beverage missed Wall Street estimates for third-quarter sales and profit on Thur...
8th November, 2024
Business
Italy’s Brembo still ready for M&A after Ohlins deal
(Reuters) -Brembo’s acquisition of suspension technology manufacturer Ohlins Racing, its biggest eve...
8th November, 2024
Business
Bentley to launch SUV EV in 2026, extend sales of plug-in hybrids to 2035
By Nick Carey LONDON (Reuters) – British luxury carmaker Bentley said on Thursday it will launch its...
8th November, 2024
Business
Volkswagen to recall over 114,000 US vehicles over airbag concern, NHTSA says
(Reuters) -Volkswagen will recall 114,478 vehicles in the United States on concerns over the driver-...
8th November, 2024