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 Nike's new CEO plans to go back to basics in brand overhaul effort
Finance

Nike's new CEO plans to go back to basics in brand overhaul effort

By Nicholas P. Brown and Ananya Mariam Rajesh (Reuters) - Nike's new CEO Elliott Hill warned of a lo...

20th December, 2024

Image for Rugby-RFU chairman Ilube resigns amid review of huge payouts to executives
Finance

Rugby-RFU chairman Ilube resigns amid review of huge payouts to executives

(Reuters) - Rugby Football Union's (RFU) board chairman Tom Ilube said on Friday he was stepping dow...

20th December, 2024

Image for Foxconn interest in Nissan on hold amid Nissan-Honda merger talks, Bloomberg News reports
Finance

Foxconn interest in Nissan on hold amid Nissan-Honda merger talks, Bloomberg News reports

(Reuters) - Taiwan's Foxconn is pausing its interest in Nissan Motor as the Japanese automaker explo...

20th December, 2024

Image for UK's FTSE 100 set for worst week in 16 months
Finance

UK's FTSE 100 set for worst week in 16 months

(Reuters) - UK's FTSE 100 touched an over one-month low on Friday, led by declines in personal goods...

20th December, 2024

Image for Prax and Shell call off deal on stake in PCK Schwedt oil refinery
Finance

Prax and Shell call off deal on stake in PCK Schwedt oil refinery

LONDON (Reuters) - Prax and Shell have decided not to proceed with the sale of Shell's share in the...

20th December, 2024

Image for TotalEnergies to operate two Danish offshore wind projects
Finance

TotalEnergies to operate two Danish offshore wind projects

COPENHAGEN (Reuters) - TotalEnergies said on Friday it had completed a planned purchase of majority...

20th December, 2024

Image for UK car manufacturing hits 44-year low in November, industry data shows
Business

UK car manufacturing hits 44-year low in November, industry data shows

(Reuters) – UK car manufacturing hit its lowest November output since 1980, as the industry grapples...

20th December, 2024

Image for Swiss inquiry castigates failings of Credit Suisse oversight, but pins most blame on bosses
Finance

Swiss inquiry castigates failings of Credit Suisse oversight, but pins most blame on bosses

By Dave Graham and Ariane Luthi BERN (Reuters) - Swiss lawmakers called for stricter oversight of th...

20th December, 2024

Image for Factbox-Swiss findings on the Credit Suisse collapse
Finance

Factbox-Swiss findings on the Credit Suisse collapse

ZURICH (Reuters) - Switzerland on Friday published a long-awaited parliamentary report into last yea...

20th December, 2024

Image for How secretive Swiss sought to keep a lid on the Credit Suisse crisis
Finance

How secretive Swiss sought to keep a lid on the Credit Suisse crisis

By John O'Donnell, Stefania Spezzati and Dave Graham LONDON/BERN (Reuters) - Secret meetings, mistru...

20th December, 2024

Image for Italy business morale picks up in December but consumers more downbeat
Finance

Italy business morale picks up in December but consumers more downbeat

ROME (Reuters) -Morale among Italian businesses and consumers moved in opposite directions in Decemb...

20th December, 2024

Image for Germany passes waiver of gas storage fee outside the country from Jan 1, 2025
Finance

Germany passes waiver of gas storage fee outside the country from Jan 1, 2025

(Reuters) - Germany's lower house of parliament on Friday passed a change to energy law entailing a...

20th December, 2024