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 Mercer & Hole appoints Menzies LLP Director of Corporate Finance
Business

Mercer & Hole appoints Menzies LLP Director of Corporate Finance

Accountants Mercer & Hole has today announced the appointment of Kevin Paget. Kevin joins as Directo...

13th December, 2024

Image for US mulls sanctions against Serbian oil firm majority owned by Russians, president says
Finance

US mulls sanctions against Serbian oil firm majority owned by Russians, president says

BELGRADE (Reuters) - The United States will in the coming days introduce financial sanctions against...

13th December, 2024

Image for UniCredit CEO says $10.5 billion Banco BPM bid is fair as offer becomes binding
Finance

UniCredit CEO says $10.5 billion Banco BPM bid is fair as offer becomes binding

By Valentina Za MILAN (Reuters) - UniCredit on Friday filed its buyout offer for rival Banco BPM wit...

13th December, 2024

Image for Britain’s Frasers launches bid for Norway’s XXL
Business

Britain’s Frasers launches bid for Norway’s XXL

LONDON (Reuters) -British sportswear and fashion group Frasers on Friday launched a bid for Norwegia...

13th December, 2024

Image for UK investor Covalis, France’s Suez team up for Thames Water bid
Business

UK investor Covalis, France’s Suez team up for Thames Water bid

LONDON (Reuters) -Britain’s Thames Water has received a joint bid from Covalis Capital and France’s...

13th December, 2024

Image for Britain’s Guardian sells The Observer newspaper to Tortoise Media
Business

Britain’s Guardian sells The Observer newspaper to Tortoise Media

By Paul Sandle LONDON (Reuters) -Britain’s Guardian said on Friday it had agreed to sell The Observe...

13th December, 2024

Image for Aviva set to buy Direct Line to create $21 billion British insurer
Business

Aviva set to buy Direct Line to create $21 billion British insurer

By Yadarisa Shabong and Tommy Reggiori Wilkes LONDON (Reuters) -British insurer Aviva has agreed to...

13th December, 2024

Image for Allianz scraps proposed acquisition of Singapore's Income Insurance, source says
Finance

Allianz scraps proposed acquisition of Singapore's Income Insurance, source says

(Reuters) - Allianz SE has scrapped a proposed $1.5 billion euro acquisition of a 51% stake in Singa...

13th December, 2024

Image for Lloyd's of London trade body examines planned conduct overhaul
Finance

Lloyd's of London trade body examines planned conduct overhaul

LONDON (Reuters) - Lloyd's of London members have set up a working party to examine the commercial i...

13th December, 2024

Image for VW top shareholder Porsche SE sees impairment on investment of up to 20 billion euros
Finance

VW top shareholder Porsche SE sees impairment on investment of up to 20 billion euros

BERLIN (Reuters) - Porsche SE, the holding company which owns a third of Volkswagen, expects an impa...

13th December, 2024

Image for Russian watchdog blocks Viber messaging app
Finance

Russian watchdog blocks Viber messaging app

MOSCOW (Reuters) - Russia's communications watchdog Roskomnadzor said on Friday it had blocked acces...

13th December, 2024

Image for Russia's Novatek hires lobbyists to thaw US relations, sources say
Finance

Russia's Novatek hires lobbyists to thaw US relations, sources say

By Anna Hirtenstein and Marwa Rashad LONDON - Russia's largest liquefied natural gas producer Novate...

13th December, 2024