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 Germany urges EU to spare automakers harsher CO2 fines
Finance

Germany urges EU to spare automakers harsher CO2 fines

(Reuters) - German Chancellor Olaf Scholz on Thursday urged EU policy makers to avoid inflicting mor...

19th December, 2024

Image for Bank of England keeps rates steady, policy split widens
Finance

Bank of England keeps rates steady, policy split widens

By David Milliken and Suban Abdulla LONDON, Dec 19 (Reuters) - The Bank of England kept its main int...

19th December, 2024

Image for Even in the euro zone, king cash is about to lose its throne
Finance

Even in the euro zone, king cash is about to lose its throne

By Francesco Canepa FRANKFURT (Reuters) - Cash is close to losing its status as the main means of pa...

19th December, 2024

Image for Arm, Qualcomm to make closing cases in chip license dispute trial
Finance

Arm, Qualcomm to make closing cases in chip license dispute trial

By Tom Hals (Reuters) - Lawyers for Arm Holdings and Qualcomm are set to make closing arguments on F...

19th December, 2024

Image for Instant view: BoE keeps rates on hold but policymakers more divided
Finance

Instant view: BoE keeps rates on hold but policymakers more divided

LONDON (Reuters) - The Bank of England kept its main interest rate unchanged at 4.75% on Thursday bu...

19th December, 2024

Image for Czech arms group CSG plans to boost Kinetic's military ammo sales
Finance

Czech arms group CSG plans to boost Kinetic's military ammo sales

By Jan Lopatka PRAGUE (Reuters) - Czechoslovak Group (CSG) will seek higher military sales at U.S. s...

19th December, 2024

Image for EssilorLuxottica and Prada extend eyewear licensing agreement
Business

EssilorLuxottica and Prada extend eyewear licensing agreement

MILAN (Reuters) – Italy’s Prada and eyewear maker EssilorLuxottica said on Thursday they renewed the...

19th December, 2024

Image for Fortum to buy renewable power portfolio for $9.4 million
Business

Fortum to buy renewable power portfolio for $9.4 million

COPENHAGEN (Reuters) – Finland’s Fortum said on Thursday it had agreed to buy a project development...

19th December, 2024

Image for Covestro shareholders accept ADNOC’s XRG takeover offer
Business

Covestro shareholders accept ADNOC’s XRG takeover offer

(Refiles to correct timing of Egypt JV in paragraph 10) By Yousef Saba DUBAI (Reuters) – XRG, the in...

19th December, 2024

Image for Seeing low-income consumers squeezed, retailers target $10 and under gifts
Finance

Seeing low-income consumers squeezed, retailers target $10 and under gifts

By Jessica DiNapoli NEW YORK (Reuters) - Retailers including Target and Walmart are stocking shelves...

19th December, 2024

Image for Swedish police go on board Yi Peng 3 vessel at invitation of China
Finance

Swedish police go on board Yi Peng 3 vessel at invitation of China

COPENHAGEN (Reuters) - Swedish police said on Thursday they had gone on board the Yi Peng 3 vessel o...

19th December, 2024

Image for Renewable energy produced record 56% of Spain's electricity in 2024
Finance

Renewable energy produced record 56% of Spain's electricity in 2024

MADRID (Reuters) - Renewable energy sources such as wind and solar accounted for a record 56% of Spa...

19th December, 2024