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 Saudi Arabia was top buyer of Russian fuel oil and VGO in November, LSEG data shows
Finance

Saudi Arabia was top buyer of Russian fuel oil and VGO in November, LSEG data shows

MOSCOW (Reuters) - Saudi Arabia was the top destination for Russian sea-borne fuel oil and vacuum ga...

23rd December, 2024

Image for Prosus to buy Latin American online travel agency Despegar.com for $1.7 billion
Finance

Prosus to buy Latin American online travel agency Despegar.com for $1.7 billion

(Reuters) - Dutch technology investor Prosus NV said on Monday it would buy Latin America-focussed o...

23rd December, 2024

Image for Sterling struggles to regain steam against dollar
Finance

Sterling struggles to regain steam against dollar

By Greta Rosen Fondahn (Reuters) - Sterling looked lacklustre against the dollar on Monday as a surv...

23rd December, 2024

Image for Switzerland adopts more EU sanctions on Russia and Belarus
Finance

Switzerland adopts more EU sanctions on Russia and Belarus

ZURICH (Reuters) - Switzerland adopted the latest EU sanctions package on Russia and Belarus, the go...

23rd December, 2024

Image for Spanish government extends energy windfall tax by decree
Finance

Spanish government extends energy windfall tax by decree

MADRID (Reuters) - The Spanish government has issued a decree extending a temporary tax on energy co...

23rd December, 2024

Image for Portugal's budget surplus narrows slightly to 1% of GDP
Finance

Portugal's budget surplus narrows slightly to 1% of GDP

LISBON (Reuters) - Portugal posted a budget surplus of 1% of gross domestic product in the 12 months...

23rd December, 2024

Image for Euro zone bond yields edge up to one-month high
Finance

Euro zone bond yields edge up to one-month high

By Harry Robertson LONDON (Reuters) - Euro zone bond yields ticked up to their highest level in arou...

23rd December, 2024

Image for Volkswagen shares fall as markets struggles to digest unions deal
Business

Volkswagen shares fall as markets struggles to digest unions deal

By Ozan Ergenay and Andrey Sychev (Reuters) – Volkswagen shares were down 3% in early trade on Monda...

23rd December, 2024

Image for Equinor raises Orsted stake to 10%, as planned
Business

Equinor raises Orsted stake to 10%, as planned

OSLO (Reuters) – Equinor said on Monday it has bought an additional stake of 0.2% in Danish energy g...

23rd December, 2024

Image for Volkswagen shares fall as markets struggles to digest unions deal
Finance

Volkswagen shares fall as markets struggles to digest unions deal

By Ozan Ergenay and Andrey Sychev (Reuters) - Volkswagen shares were down 3% in early trade on Monda...

23rd December, 2024

Image for Equinor raises Orsted stake to 10%, as planned
Finance

Equinor raises Orsted stake to 10%, as planned

OSLO (Reuters) - Equinor said on Monday it has bought an additional stake of 0.2% in Danish energy g...

23rd December, 2024

Image for BNP Paribas signs €5.1bn share purchase agreement for Axa IM
Business

BNP Paribas signs €5.1bn share purchase agreement for Axa IM

BNP Paribas has formally signed the previously announced €5.1bn ($5.3bn) share purchase agreement fo...

23rd December, 2024