corporate-strategy

Image for Salzgitter to take over HKM steel joint venture, end clash with ThyssenkruppFinance

Salzgitter to take over HKM steel joint venture, end clash with Thyssenkrupp

Image for Morrisons explores $1.4 billion property financing deal, Sky News reportsFinance

Morrisons explores $1.4 billion property financing deal, Sky News reports

Image for Stellantis plunges on $27 billion bill for EV pullbackFinance

Stellantis plunges on $27 billion bill for EV pullback

Image for Coty shifts focus to core brands under new CEO, withdraws full-year outlookFinance

Coty shifts focus to core brands under new CEO, withdraws full-year outlook

Image for Saudia in talks with Boeing, Airbus for its largest jet order to date, Bloomberg News reports

Saudia in talks with Boeing, Airbus for its largest jet order to date, Bloomberg News reports

Date: February 5, 2026

Feb 5 (Reuters) - Saudi Arabia's flagship carrier Saudia is in early talks with Boeing and Airbus to buy at least 150 narrowbody and widebody jets, Bloomberg News reported on Thursday, citing people...

Image for Crypto exchange Gemini plans to lay off up to 200 staff, exit Europe and Australia

Crypto exchange Gemini plans to lay off up to 200 staff, exit Europe and Australia

Date: February 5, 2026

Feb 5 (Reuters) - Gemini Space Station, the cryptocurrency exchange founded by Cameron and Tyler Winklevoss, said on Thursday it approved a plan to cut up to 200 jobs globally and operate only in the...

Image for Rio Tinto, Glencore shelve ambitions to form world's largest miner

Rio Tinto, Glencore shelve ambitions to form world's largest miner

Date: February 5, 2026

February 5 (Reuters) - Rio Tinto said on Thursday that it was no longer in talks with Glencore about a takeover that would have created the world's largest mining company, saying it could not reach an...

Image for Italy's BPER beats FY revenue guidance, nears Pop Sondrio merger

Italy's BPER beats FY revenue guidance, nears Pop Sondrio merger

Date: February 5, 2026

Feb 5 (Reuters) - Italy's BPER Banca on Thursday reported revenue ahead of its full-year guidance, as it closes in on the acquisition of regional peer Banca Popolare di Sondrio . In July, Modena-based...

Image for Rio Tinto seeks leadership roles in Glencore merger talks, FT says

Rio Tinto seeks leadership roles in Glencore merger talks, FT says

Date: February 4, 2026

Feb 4 (Reuters) - Rio Tinto is pushing for its chair and CEO to retain their roles in any merger with rival Glencore, while Glencore is holding out for a hefty premium, the Financial Times reported on...

Image for Austria's OMV tops profit view, says Borouge to be listed in Vienna in 2027

Austria's OMV tops profit view, says Borouge to be listed in Vienna in 2027

Date: February 4, 2026

By Tristan Veyet Feb 4 (Reuters) - Austrian oil, gas and chemicals group OMV beat market expectations for annual net income on Wednesday, driven by its chemicals arm, and said recently merged Borouge...