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 Home improvement retailer Kingfisher sells Romania business
Business

Home improvement retailer Kingfisher sells Romania business

LONDON (Reuters) -European home improvement retailer Kingfisher will exit the Romanian market after...

18th December, 2024

Image for Sterling drops before Fed policy meeting, after UK inflation data
Finance

Sterling drops before Fed policy meeting, after UK inflation data

By Stefano Rebaudo (Reuters) - Sterling fell versus the dollar before the Federal Reserve's policy m...

18th December, 2024

Image for Cyclone compounds French Mayotte's problems of poverty, overcrowding and dwindling resources
Finance

Cyclone compounds French Mayotte's problems of poverty, overcrowding and dwindling resources

By Gabriel Stargardter and Juliette Jabkhiro PARIS (Reuters) - Mayotte was already struggling with o...

18th December, 2024

Image for Sweden government cuts growth forecast for 2025
Finance

Sweden government cuts growth forecast for 2025

STOCKHOLM (Reuters) - The Swedish government on Wednesday cut its forecast for economic growth in 20...

18th December, 2024

Image for Renault open to Nissan pursuing merger talks with Honda, Bloomberg News reports
Finance

Renault open to Nissan pursuing merger talks with Honda, Bloomberg News reports

(Reuters) - Nissan Motor's largest shareholder Renault is open to the Japanese automaker pursuing me...

18th December, 2024

Image for UK’s National Grid to invest up to $44 billion in transmission business
Business

UK’s National Grid to invest up to $44 billion in transmission business

(Reuters) – Britain’s National Grid said on Wednesday it would invest up to 35 billion pounds ($44.4...

18th December, 2024

Image for Germany's Commerzbank has a bumpy history with big M&A
Finance

Germany's Commerzbank has a bumpy history with big M&A

By Tom Sims FRANKFURT (Reuters) -UniCredit has raised its stake in Germany's Commerzbank to 28% with...

18th December, 2024

Image for UK house prices rise by 3.4% in 12 months to October, ONS says
Finance

UK house prices rise by 3.4% in 12 months to October, ONS says

LONDON (Reuters) - British house prices rose by 3.4% on an annual basis in October, after a downward...

18th December, 2024

Image for Maire, Newcleo team up to develop power stations based on advanced modular reactors
Finance

Maire, Newcleo team up to develop power stations based on advanced modular reactors

MILAN (Reuters) - Italian engineering group Maire and Newcleo have signed an agreement to set up a j...

18th December, 2024

Image for Supermarket chain Colruyt partly halts orders from JDE Peet's over price dispute
Finance

Supermarket chain Colruyt partly halts orders from JDE Peet's over price dispute

By Alban Kacher (Reuters) - Colruyt has halted some of its orders from JDE Peet's after the Dutch co...

18th December, 2024

Image for EU Commission recommends slight euro zone fiscal tightening in 2025 and 2026
Finance

EU Commission recommends slight euro zone fiscal tightening in 2025 and 2026

BRUSSELS (Reuters) - Euro zone countries should aim for slight fiscal tightening not only in 2025 bu...

18th December, 2024

Image for UK stocks edge up after inflation data, Fed decision in focus
Finance

UK stocks edge up after inflation data, Fed decision in focus

(Reuters) - Energy companies boosted UK's main stock index on Wednesday, with investors parsing key...

18th December, 2024