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.

Latest articles

Image for Daimler sees Q3 hit to Mercedes sales from chip shortage
Business

Daimler sees Q3 hit to Mercedes sales from chip shortage

By Victoria Waldersee BERLIN (Reuters) -German luxury carmaker Daimler said on Thursday it expected...

3rd September, 2021

Image for Fashion retailer Truworths’ annual profit rises as lockdown eases
Business

Fashion retailer Truworths’ annual profit rises as lockdown eases

JOHANNESBURG (Reuters) -Fashion retailer Truworths International Ltd reported a 26.8% increase in an...

3rd September, 2021

Image for Cargill opens new Brazil pectin factory, first outside Europe
Business

Cargill opens new Brazil pectin factory, first outside Europe

By Ana Mano SAO PAULO (Reuters) – The Brazilian unit of U.S. commodities trader Cargill has fi...

3rd September, 2021

Image for Telefonica hires Barclays to seek partner to fund UK fibre network, El Confidencial says
Business

Telefonica hires Barclays to seek partner to fund UK fibre network, El Confidencial says

MADRID (Reuters) – Spanish telecom operator Telefonica has hired investment banks Barclays and...

3rd September, 2021

Image for Renaissance executives agree to pay around $7 billion to settle tax dispute with IRS -source
Business

Renaissance executives agree to pay around $7 billion to settle tax dispute with IRS -source

(Reuters) -Executives of hedge fund Renaissance Technologies LLC could pay as much as $7 billion to...

3rd September, 2021

Image for U.S. labor market powers ahead as weekly jobless claims fall, layoffs hit 24-year low
Business

U.S. labor market powers ahead as weekly jobless claims fall, layoffs hit 24-year low

By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for jobless...

2nd September, 2021

Image for Exclusive-Apple hit with antitrust case in India over in-app payments issues
Business

Exclusive-Apple hit with antitrust case in India over in-app payments issues

By Aditya Kalra NEW DELHI (Reuters) – Apple Inc is facing an antitrust challenge in India for...

2nd September, 2021

Image for China’s Xiaomi completes business registration of electric vehicle unit
Business

China’s Xiaomi completes business registration of electric vehicle unit

By Josh Horwitz SHANGHAI (Reuters) – Chinese smartphone giant Xiaomi Corp said on Wednesday it...

2nd September, 2021

Image for Google appeals France’s ‘disproportionate’ $591 million fine in copyright row
Business

Google appeals France’s ‘disproportionate’ $591 million fine in copyright row

PARIS (Reuters) -Google said on Wednesday it was appealing against a 500 million euro ($591 million)...

2nd September, 2021

Image for Luxury billionaire Arnault sells out of retailer Carrefour
Business

Luxury billionaire Arnault sells out of retailer Carrefour

PARIS (Reuters) -French luxury goods billionaire Bernard Arnault has sold out of supermarket group C...

2nd September, 2021

Image for Exclusive: Amazon CEO unveils 55,000 tech jobs in first hiring push under his watch
Business

Exclusive: Amazon CEO unveils 55,000 tech jobs in first hiring push under his watch

By Jeffrey Dastin (Reuters) – Amazon.com Inc is planning to hire 55,000 people for corporate a...

2nd September, 2021

Image for Analysis-Wells Fargo’s long road to repair extends with prospect of more penalties
Business

Analysis-Wells Fargo’s long road to repair extends with prospect of more penalties

By Pete Schroeder and Elizabeth Dilts Marshall WASHINGTON/NEW YORK (Reuters) – It has been nea...

2nd September, 2021