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 Burberry’s new CEO faces outlet store and pricing dilemmas
Business

Burberry’s new CEO faces outlet store and pricing dilemmas

By Helen Reid and Mimosa Spencer LONDON/PARIS (Reuters) – Burberry’s new CEO Joshua Schulman faces a...

5th November, 2024

Image for Poland’s Orlen sees no positive cashflow from Olefins project
Business

Poland’s Orlen sees no positive cashflow from Olefins project

By Marek Strzelecki WARSAW (Reuters) – Polish oil and gas company Orlen said on Tuesday its Olefins...

5th November, 2024

Image for Primark expecting a good Christmas, says parent’s boss
Business

Primark expecting a good Christmas, says parent’s boss

By James Davey LONDON (Reuters) – Budget clothing retailer Primark is expecting to trade well in the...

5th November, 2024

Image for Zalando sales and profit margin rise on stronger demand
Business

Zalando sales and profit margin rise on stronger demand

By Linda Pasquini and Helen Reid (Reuters) -Zalando on Tuesday reported a higher profit margin for t...

5th November, 2024

Image for UK regulator says $19 billion Vodafone-Three tie-up likely to go ahead
Business

UK regulator says $19 billion Vodafone-Three tie-up likely to go ahead

By Sarah Young and Kate Holton LONDON (Reuters) – The $19 billion merger between Vodafone and Hutchi...

5th November, 2024

Image for Vestas shares tumble on disappointing third quarter as US election looms
Business

Vestas shares tumble on disappointing third quarter as US election looms

COPENHAGEN (Reuters) -Shares of Vestas, the world’s largest wind turbine manufacturer, slumped 10% o...

5th November, 2024

Image for French supermarket group Auchan planning to cut more than 2,000 jobs, media reports say
Business

French supermarket group Auchan planning to cut more than 2,000 jobs, media reports say

PARIS (Reuters) – French supermarket retailer Auchan is planning to cut more than 2,000 jobs, report...

5th November, 2024

Image for Adecco expects improvement in US hiring after election
Business

Adecco expects improvement in US hiring after election

By John Revill ZURICH (Reuters) – Staffing company Adecco expects the hiring market in the United St...

5th November, 2024

Image for DHL reports Q3 net income below expectations
Business

DHL reports Q3 net income below expectations

(Reuters) -German logistics giant DHL reported a third quarter net income of 751 million euros ($817...

5th November, 2024

Image for French IT firm Atos agrees to sell Worldgrid unit to Alten
Business

French IT firm Atos agrees to sell Worldgrid unit to Alten

PARIS (Reuters) – Atos said on Tuesday it had signed an agreement to sell its Worldgrid business uni...

5th November, 2024

Image for Japan’s MUFG hires Raphael Charon to grow direct lending business in EMEA
Business

Japan’s MUFG hires Raphael Charon to grow direct lending business in EMEA

LONDON (Reuters) – Mitsubishi UFJ Financial Group (MUFG) has appointed former Fidelity International...

5th November, 2024

Image for Toyota to post first profit drop in 2 years as demand cools after big run
Business

Toyota to post first profit drop in 2 years as demand cools after big run

By Daniel Leussink TOKYO (Reuters) – Toyota Motor is expected to post its first profit drop in two y...

5th November, 2024