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 German arms group Rheinmetall targets record sales as political landscape shifts
Business

German arms group Rheinmetall targets record sales as political landscape shifts

By Matthias Inverardi and Miranda Murray BERLIN (Reuters) -Germany’s Rheinmetall, boosted by the lif...

8th November, 2024

Image for Under Armour lifts profit forecast on cost savings, shares surge
Business

Under Armour lifts profit forecast on cost savings, shares surge

By Ananya Mariam Rajesh (Reuters) -Under Armour shares shot up 20% on Thursday as the sportswear mak...

8th November, 2024

Image for Ralph Lauren raises sales target on strong holiday demand for sweaters, shirts
Business

Ralph Lauren raises sales target on strong holiday demand for sweaters, shirts

By Savyata Mishra (Reuters) – Ralph Lauren raised its annual sales forecast on Thursday, on strong h...

8th November, 2024

Image for Italy EconMin willing to meet Lufthansa CEO to solve ITA Airways dispute
Business

Italy EconMin willing to meet Lufthansa CEO to solve ITA Airways dispute

ROME (Reuters) – Italian economy minister Giancarlo Giorgetti on Thursday said it would be good to h...

8th November, 2024

Image for WK Kellogg beats third-quarter estimates on demand, higher prices
Business

WK Kellogg beats third-quarter estimates on demand, higher prices

(Reuters) – WK Kellogg beat Wall Street estimates for third-quarter revenue and profit on Thursday,...

8th November, 2024

Image for Audi unveils new EV brand in China without four ring logo
Business

Audi unveils new EV brand in China without four ring logo

By Brenda Goh SHANGHAI (Reuters) – Audi on Thursday unveiled a new electric vehicle brand in China w...

8th November, 2024

Image for Nissan to axe 9,000 jobs, cut production on weak China, US sales
Business

Nissan to axe 9,000 jobs, cut production on weak China, US sales

By Daniel Leussink TOKYO (Reuters) -Nissan Motor will cut 9,000 jobs and 20% of its global manufactu...

7th November, 2024

Image for Adyen shares drop as revenue rise misses forecasts
Business

Adyen shares drop as revenue rise misses forecasts

By Gianluca Lo Nostro and Leo Marchandon (Reuters) -Dutch payments group Adyen’s shares fell nearly...

7th November, 2024

Image for Glovo owner Delivery Hero expects growth at upper end of forecast, posts solid Q3
Business

Glovo owner Delivery Hero expects growth at upper end of forecast, posts solid Q3

By Paolo Laudani and Bernadette Hogg (Reuters) -Delivery Hero said on Thursday it expects annual gro...

7th November, 2024

Image for Iveco to accelerate cost cutting plans as Q3 operating profit drops 13%
Business

Iveco to accelerate cost cutting plans as Q3 operating profit drops 13%

By Giulio Piovaccari MILAN (Reuters) -Iveco Group said on Thursday it would accelerate plans to cut...

7th November, 2024

Image for Croatian food retailer Studenac plans Warsaw, Zagreb IPO
Business

Croatian food retailer Studenac plans Warsaw, Zagreb IPO

GDANSK (Reuters) -Croatian food retailer Studenac is planning an initial public offering with plans...

7th November, 2024

Image for Czech online grocer Rohlik partners with Amazon in Germany
Business

Czech online grocer Rohlik partners with Amazon in Germany

PRAGUE (Reuters) – Czech Republic-based online grocer Rohlik Group will partner with Amazon for e-gr...

7th November, 2024