Business
Lufthansa reports 9% drop in third-quarter profit as core brand struggles
By Joanna Plucinska, Rachel More and Ilona Wissenbach LONDON/BERLIN/FRANKFURT (Reuters) -German airl...
29th October, 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
Volkswagen eyes pay cuts to achieve majority of savings, reports Handelsblatt
BERLIN (Reuters) -Volkswagen wants to achieve the majority of its billion-euro savings drive through...
29th October, 2024
Business
Vans-owner VF Corp soars 22% as turnaround plan starts to pay off
(Reuters) – Shares of Vans maker VF Corp surged 22% in premarket trading on Tuesday after turning a...
29th October, 2024
Business
Steelmaker Acerinox expects weak demand to persist into fourth quarter
By Javi West Larrañaga and Jesus Calero (Reuters) -Spanish steelmaker Acerinox posted a sharp drop i...
29th October, 2024
Business
Cruise operators reap benefits of their own private islands
By Doyinsola Oladipo NEW YORK (Reuters) – Major cruise operators are steering their ships – and mill...
29th October, 2024
Business
BP profit slumps to near four-year low as oil demand sags
By Ron Bousso LONDON (Reuters) – BP on Tuesday reported a 30% drop in third-quarter profit to $2.3 b...
29th October, 2024
Business
Ericsson signs 5G ORAN deal with Spain’s MasOrange
By Supantha Mukherjee STOCKHOLM (Reuters) – Ericsson has signed a 5G deal with Spain’s largest telec...
29th October, 2024
Business
More companies planning price hikes in Germany, survey finds
BERLIN (Reuters) – Companies in Germany’s industrial, retail and corporate services sectors are plan...
29th October, 2024
Business
Adidas reports strongest China sales since early 2022
By Linda Pasquini and Helen Reid (Reuters) -Adidas saw strong growth in Greater China in the third q...
29th October, 2024
Business
Poland’s Bank Millennium net profit jumps on lower FX loan provisions
(Reuters) -Poland’s Bank Millennium posted an 85% jump in third-quarter net profit on Tuesday, beati...
29th October, 2024
Business
Chemicals maker Clariant cuts FY sales target, misses Q3 core profit view
By Ozan Ergenay (Reuters) -Swiss specialty chemicals maker Clariant cut its 2024 sales target on Tue...
29th October, 2024
Business
Thyssenkrupp CFO: Spin-off of marine division possible in 2026
FRANKFURT/DUESSELDORF (Reuters) – Thyssenkrupp is working on a spin-off of its warship division afte...
29th October, 2024