business
Business
Spanish manufacturing grows in October at fastest pace in more than 2 years, PMI shows
Business
Volvo Cars October sales rise 3% year-on-year
Business
Schneider Electric ousts CEO Peter Herweck
Business
PostNL’s CEO to step down in April 2025
M&G buys stake in European property firm as it bets on turnaround
Date: November 4, 2024
By Iain Withers LONDON (Reuters) – British insurer and asset manager M&G has bought a majority stake in European real estate investor BauMont, as it prepares to buy up more commercial property in anticipation of a market recovery. M&G told Reuters it had acquired a 65% stake in BauMont Real Estate Capital, an 18-strong property...
Ryanair H1 profit falls 18% on lower fares, but price weakness moderating
Date: November 4, 2024
By Conor Humphries DUBLIN (Reuters) -Budget airline Ryanair said on Monday that average fares fell 10% in the six months ended September, leading to an 18% year-on-year fall in first-half profit, but its current quarter bookings looked strong and ticket price weakness was moderating. After-tax profit for the first half of Ryanair’s financial year was...
China’s Nio plans to sell its first hybrid car overseas only, sources say
Date: November 4, 2024
SHANGHAI (Reuters) – Chinese electric vehicle maker Nio is planning to launch its first hybrid model in 2026 and will only sell it in overseas markets, including the Middle East, North Africa and Europe, according to two people with knowledge of the matter. Nio to date has only manufactured pure electric vehicles. It is building...
Britain’s Sainsbury’s extends Aldi price match scheme to convenience stores
Date: November 4, 2024
LONDON (Reuters) – Sainsbury’s said it has become the first UK supermarket group to extend a scheme matching the prices of German-owned discounter Aldi on hundreds of products into its convenience stores, upping the competitive ante ahead of the key Christmas trading season. The group, which has an over 15% share of Britain’s grocery market,...
It Pays to Close the Gender Gap in Finance Leadership
Date: November 1, 2024
By Megan Weis, VP and General Manager, FAO Services, Personiv Finance and accounting have a gender gap problem, especially when it comes to leadership roles. Despite comprising nearly 60% of accountants and auditors in the United States, women remain underrepresented in leadership roles across accounting and finance. Only 39% of partners at accounting firms are...
Boeing shares rise as planemaker makes new wage offer to end strike
Date: November 1, 2024
(Reuters) -Boeing rose 2% in early trading on Friday after the U.S. planemaker bumped up its wage hike offer to about 33,000 striking workers, its latest effort to end a damaging strike after two earlier attempts were rebuffed by employees. The workers will on Monday vote on the proposal that boosts wage hike to 38%...