corporate-strategy
Dr Martens Forecasts Return to Profit Growth, Shares Jump
German Industrial Orders Rise Points to Cyclical Recovery
Thyssenkrupp to Spin Off 49% of Defence Division Tkms to Shareholders
Chart Industries, Flowserve to Merge in About $19 Billion Deal
STMicro to Cut 5,000 Jobs in Next 3 Years, Says CEO
Date: June 4, 2025
By Nathan Vifflin (Reuters) - STMicroelectronics expects 5,000 staff to leave the company in the next three years, including 2,800 job cuts announced earlier this year, its chief executive said on...
Thyssenkrupp Steel Europe: US Tariffs Have Limited Impact but Put Pressure on Trade
Date: June 4, 2025
DUESSELDORF (Reuters) -U.S. tariffs on steel have only a limited direct effect on Thyssenkrupp Steel Europe, the company said on Wednesday, but the increase in import duties brings with it pressure on...
Sorrell's S4 Capital Cuts Annual Revenue Forecast as Tech Clients Stay Cautious
Date: June 4, 2025
(Reuters) -Martin Sorrell's ad group S4 Capital said on Wednesday it expects annual like-for-like net revenue to decline by low single digits, as tech clients remain cautious amid a weaker global...
Remy Cointreau Scraps 2030 Goals Amid Tariffs, Slow US
Date: June 4, 2025
By Dominique Vidalon and Emma Rumney PARIS/LONDON (Reuters) -French spirits group Remy Cointreau on Wednesday abandoned its 2030 sales growth ambitions, saying tariffs, persistently slow U.S. sales...
Stada in Talks With Two Private Equity Groups Over Sale, Welt Reports
Date: June 3, 2025
BERLIN (Reuters) -German pharmaceutical firm Stada is in talks with two private equity investors about a sale, Germany's Welt newspaper reported on Tuesday. Its owners Bain Capital and Cinven could...
Julius Baer to Cut Another $159 Million of Costs by 2028
Date: June 3, 2025
ZURICH (Reuters) -Julius Baer will implement more cost-saving measures amounting to 130 million Swiss francs ($159.02 million) by 2028, the Swiss private bank said in a strategy note on Tuesday, in...