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 Kosmos Energy walks away from Tullow Oil acquisition
Finance

Kosmos Energy walks away from Tullow Oil acquisition

U.S. oil and gas firm Kosmos Energy walked away from its plan to buy West Africa-focused Tullow Oil...

17th December, 2024

Image for Sterling gets a lift from hotter UK wage growth
Finance

Sterling gets a lift from hotter UK wage growth

By Amanda Cooper LONDON (Reuters) - The pound rose on Tuesday, supported by data that showed UK wage...

17th December, 2024

Image for Equinor, partners combine two planned UK offshore wind projects
Finance

Equinor, partners combine two planned UK offshore wind projects

OSLO (Reuters) - Norway's Equinor and partners have agreed to join two planned offshore wind project...

17th December, 2024

Image for ECB imposes extra capital charge on 13 banks over leverage risk
Finance

ECB imposes extra capital charge on 13 banks over leverage risk

FRANKFURT (Reuters) - The European Central Bank imposed additional capital charges on 13 euro zone b...

17th December, 2024

Image for Oil washes up on Russia's Black Sea coast after tankers damaged, governor says
Finance

Oil washes up on Russia's Black Sea coast after tankers damaged, governor says

MOSCOW (Reuters) - Spilled oil has washed up along "tens of kilometres" of the Russian Black Sea coa...

17th December, 2024

Image for German business sentiment tumbles in December
Finance

German business sentiment tumbles in December

By Rachel More BERLIN (Reuters) -German business morale worsened more than expected in December, a s...

17th December, 2024

Image for Poland seizes liquid cocaine worth $1.9 million in wine shipment
Finance

Poland seizes liquid cocaine worth $1.9 million in wine shipment

WARSAW (Reuters) - Polish authorities have seized 44 litres of liquid cocaine worth about 7.5 millio...

17th December, 2024

Image for ECB's Rehn says speed, scale of rate cuts to be decided at each meeting
Finance

ECB's Rehn says speed, scale of rate cuts to be decided at each meeting

HELSINKI (Reuters) - Finnish ECB policymaker Olli Rehn said on Tuesday that euro area inflation is m...

17th December, 2024

Image for VW, unions resume last-ditch round of talks for the year on cost cuts
Finance

VW, unions resume last-ditch round of talks for the year on cost cuts

BERLIN (Reuters) - Volkswagen management and labour representatives will resume high pressure talks...

17th December, 2024

Image for Oil, healthcare stocks push European shares to two-week lows
Finance

Oil, healthcare stocks push European shares to two-week lows

(Reuters) - European shares fell to two-week lows on Tuesday, led by energy and healthcare stocks, a...

17th December, 2024

Image for UK's Land Securities acquires 92% stake in Liverpool ONE for $622 million
Finance

UK's Land Securities acquires 92% stake in Liverpool ONE for $622 million

(Reuters) - British commercial property firm Land Securities (Landsec) on Tuesday said it acquired a...

17th December, 2024

Image for How Germany’s parties say they will revive its anaemic economy
Business

How Germany’s parties say they will revive its anaemic economy

By Maria Martinez BERLIN (Reuters) -Germany’s main political parties will present their election pro...

17th December, 2024