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 Amplifon trims margin forecast but rules out competition risk from Apple earbuds
Business

Amplifon trims margin forecast but rules out competition risk from Apple earbuds

By Alberto Chiumento (Reuters) -Italian hearing aid company Amplifon again trimmed its annual margin...

31st October, 2024

Image for Schneider, Legrand, Rexel and Sonepar fined in French price fixing probe
Business

Schneider, Legrand, Rexel and Sonepar fined in French price fixing probe

PARIS (Reuters) – France’s competition authority said on Wednesday it had fined electric equipment m...

31st October, 2024

Image for Volvo Cars seeks to oust Northvolt from EV battery venture
Business

Volvo Cars seeks to oust Northvolt from EV battery venture

By Stine Jacobsen and Marie Mannes STOCKHOLM (Reuters) -Volvo Cars is seeking to take over Northvolt...

30th October, 2024

Image for UK’s Reeves raises employers’ National Insurance Contributions
Business

UK’s Reeves raises employers’ National Insurance Contributions

LONDON (Reuters) – Finance minister Rachel Reeves said on Wednesday she would raise employers’ socia...

30th October, 2024

Image for Outokumpu warns of worsening steel markets after Q3 profit beat
Business

Outokumpu warns of worsening steel markets after Q3 profit beat

By Jagoda Darlak (Reuters) – Finnish stainless steel maker Outokumpu beat market expectations for it...

30th October, 2024

Image for Amplifon trims margin forecast as higher marketing costs weigh
Business

Amplifon trims margin forecast as higher marketing costs weigh

(Reuters) -Italian hearing aid company Amplifon slightly lowered its annual margin guidance on Wedne...

30th October, 2024

Image for Prada’s third quarter revenues up 17.7%, Miu Miu sales double
Business

Prada’s third quarter revenues up 17.7%, Miu Miu sales double

MILAN (Reuters) – Third-quarter net revenues for Prada rose 17.7% at constant exchange rates, driven...

30th October, 2024

Image for Airbus delivers first A321XLR in new front against Boeing
Business

Airbus delivers first A321XLR in new front against Boeing

By Tim Hepher PARIS (Reuters) – Airbus has delivered its first A321XLR jet to Spain’s Iberia, the Eu...

30th October, 2024

Image for Top Chinese airlines’ profits fall as flagging economy pressures fares
Business

Top Chinese airlines’ profits fall as flagging economy pressures fares

By Lisa Barrington and Sophie Yu SEOUL/BEIJING (Reuters) – China’s top three state-owned airlines re...

30th 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 compan...

30th October, 2024

Image for BASF sees 2024 profit at lower end of range on weaker auto, agriculture demand
Business

BASF sees 2024 profit at lower end of range on weaker auto, agriculture demand

By Ludwig Burger and Patricia Weiss FRANKFURT (Reuters) -BASF on Wednesday predicted full-year earni...

30th October, 2024

Image for Virgin Money UK picks insider Gergely Zaborszky as next CFO
Business

Virgin Money UK picks insider Gergely Zaborszky as next CFO

(Reuters) – British lender Virgin Money UK said on Wednesday that insider Gergely Zaborszky would ta...

30th October, 2024