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 Romanian unit for $74 million
Finance

Home improvement retailer Kingfisher sells Romanian unit for $74 million

LONDON (Reuters) - European home improvement retailer Kingfisher said on Wednesday it has agreed the...

18th December, 2024

Image for London's Heathrow to invest nearly $3 billion to upgrade airport
Finance

London's Heathrow to invest nearly $3 billion to upgrade airport

(Reuters) -Heathrow said on Wednesday it planned to invest 2.3 billion pounds ($2.92 billion) over t...

18th December, 2024

Image for Curva nostra? Mob infiltration of soccer 'ultras' spreads across Italy
Finance

Curva nostra? Mob infiltration of soccer 'ultras' spreads across Italy

By Emilio Parodi and Elvira Pollina MILAN (Reuters) - Italian crime bosses and the far-right are tap...

18th December, 2024

Image for Talks between VW, unions over cuts continue into Wednesday, sources say
Finance

Talks between VW, unions over cuts continue into Wednesday, sources say

BERLIN (Reuters) - Talks between Volkswagen and unions on cuts to its German operations continued th...

18th December, 2024

Image for Orsted divests 50% stake in three US onshore projects for $572 million
Finance

Orsted divests 50% stake in three US onshore projects for $572 million

COPENHAGEN (Reuters) - Denmark's Orsted said on Wednesday it would divest a 50% equity stake in thre...

18th December, 2024

Image for UK inflation rises to 2.6% in November
Finance

UK inflation rises to 2.6% in November

LONDON (Reuters) - British inflation rose to an annual rate of 2.6% in November from 2.3% in October...

18th December, 2024

Image for Nestle launches protein shots for US weight-loss drug users
Finance

Nestle launches protein shots for US weight-loss drug users

By Richa Naidu LONDON (Reuters) - Nestle is launching protein shots in the United States which it sa...

18th December, 2024

Image for As bitcoin soars, luxury brands consider accepting crypto payments
Finance

As bitcoin soars, luxury brands consider accepting crypto payments

By Mimosa Spencer PARIS (Reuters) - Bitcoin’s soaring value has caught the attention of high-end fas...

18th December, 2024

Image for Iran's Revolutionary Guards extend control over Tehran's oil exports, sources say
Finance

Iran's Revolutionary Guards extend control over Tehran's oil exports, sources say

By Jonathan Saul and Parisa Hafezi LONDON/DUBAI (Reuters) - Iran's Revolutionary Guards have tighten...

18th December, 2024

Image for Fed expected to combine interest rate cut with hawkish 2025 outlook
Finance

Fed expected to combine interest rate cut with hawkish 2025 outlook

By Howard Schneider WASHINGTON (Reuters) - The Federal Reserve is expected to lower borrowing costs...

18th December, 2024

Image for Factbox-How Nissan and Honda stack up against each other
Finance

Factbox-How Nissan and Honda stack up against each other

(Reuters) - Japanese carmakers Honda and Nissan are in talks to deepen ties, according to sources, i...

18th December, 2024

Image for Analysis-Europe's conundrum: how to fund defence spending
Finance

Analysis-Europe's conundrum: how to fund defence spending

By Yoruk Bahceli LONDON (Reuters) - With a war raging at the European Union's eastern border, Russia...

18th December, 2024