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 Roblox lifts annual bookings forecast as in-game spending booms
Business

Roblox lifts annual bookings forecast as in-game spending booms

By Zaheer Kachwala (Reuters) -Videogame platform Roblox raised its forecast for full-year 2024 booki...

31st October, 2024

Image for Norwegian Cruise lifts profit forecast again after record ticket sales
Business

Norwegian Cruise lifts profit forecast again after record ticket sales

(Reuters) – Norwegian Cruise Line Holdings on Thursday raised its annual profit forecast for a fourt...

31st October, 2024

Image for Italy’s Intesa improves 2025 profit guidance after good quarter
Business

Italy’s Intesa improves 2025 profit guidance after good quarter

MILAN (Reuters) -Italy’s biggest bank Intesa Sanpaolo on Thursday improved next year’s profit foreca...

31st October, 2024

Image for Repsol targets renewables deals, seeks ‘solution’ for North Sea business
Business

Repsol targets renewables deals, seeks ‘solution’ for North Sea business

MADRID (Reuters) – Spanish oil company Repsol is working on more deals in its renewable operations i...

31st October, 2024

Image for Pringles-maker Kellanova beats quarterly sales, profit estimates on steady demand
Business

Pringles-maker Kellanova beats quarterly sales, profit estimates on steady demand

(Reuters) – Packaged food company Kellanova topped Wall Street estimates for third-quarter sales on...

31st October, 2024

Image for ST targets China growth after trimming forecast again
Business

ST targets China growth after trimming forecast again

By Nathan Vifflin (Reuters) -European chipmaker STMicroelectronics (ST) on Thursday trimmed its reve...

31st October, 2024

Image for Maersk sees no Suez Canal return until ‘well into 2025’ due to Red Sea threat
Business

Maersk sees no Suez Canal return until ‘well into 2025’ due to Red Sea threat

By Stine Jacobsen COPENHAGEN (Reuters) -A.P. Moller-Maersk expects strong demand for shipping goods...

31st October, 2024

Image for Temu to be investigated by EU tech regulators over sale of illegal products
Business

Temu to be investigated by EU tech regulators over sale of illegal products

By Foo Yun Chee BRUSSELS (Reuters) – Chinese online retailer Temu will be investigated on whether it...

31st October, 2024

Image for DoorDash forecasts strong fourth quarter, bets on demand for online delivery
Business

DoorDash forecasts strong fourth quarter, bets on demand for online delivery

By Ananya Mariam Rajesh (Reuters) -DoorDash forecast fourth-quarter core profit above estimates on W...

31st October, 2024

Image for Estee Lauder names insider de La Faverie as new CEO to kickstart turnaround
Business

Estee Lauder names insider de La Faverie as new CEO to kickstart turnaround

(Reuters) – Estee Lauder named insider Stephane de La Faverie its new CEO on Wednesday, as the compa...

31st October, 2024

Image for Factbox-Key measures in UK Labour Party’s first budget in nearly 15 years
Business

Factbox-Key measures in UK Labour Party’s first budget in nearly 15 years

LONDON (Reuters) – British finance minister Rachel Reeves presented her first budget statement to pa...

31st October, 2024

Image for Nissan may partner with Renault on new small EV for Europe
Business

Nissan may partner with Renault on new small EV for Europe

DOUAI, France (Reuters) – French automaker Renault is in talks with Nissan to help the Japanese firm...

31st October, 2024