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
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.
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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
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
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
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
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
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
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
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
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
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
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