corporate-strategy
Mercedes-Benz to Cut Headcount, Lower Pay Increases Amid Cost-Cutting Drive
FinanceCanal+ Extends Deadline for MultiChoice Takeover
FinanceGoldman Sachs Iberia Chief to Retire in Summer
UK's Senior in Advanced Talks for Sale of Aerostructures Business
Prada Moving Closer to $1.6 Billion Deal for Versace, Bloomberg News Reports
Date: March 2, 2025
(Reuters) - Italian luxury group Prada is moving closer to a deal to buy Versace from upmarket fashion group Capri Holdings after agreeing to a price of nearly 1.5 billion euros ($1.6 billion),...
Casino Shares Slide More Than 12% After Group Reports 2024 Loss, Store Closures
Date: February 28, 2025
(Reuters) - French supermarket group Casino on Friday reported a net loss of 295 million euros ($306.8 million) for 2024 after a year marked by restructuring, store disposals and job cuts, sending...
Explainer-BBVA's Battle for Sabadell Heads for Next Hurdle With Competition Regulator to Rule
Date: February 28, 2025
By Jesús Aguado MADRID (Reuters) - Spanish bank BBVA's hostile takeover bid for smaller rival Sabadell, announced 10 months ago, faces its latest test as soon as March when the competition regulator...
Cement Maker Holcim Moves Closer to North American Spin-Off After Sec Filing
Date: February 28, 2025
ZURICH (Reuters) - Holcim reported better-than-expected earnings for its fourth quarter on Friday as the building materials company gave more details of its plan to spin off its North American...
Basf Banks on Cost Discipline Amid Global Demand Uncertainty
Date: February 28, 2025
FRANKFURT (Reuters) - BASF said on Friday it was targeting growth in adjusted operating income of as much as 6.3% this year, as it faces start-up expenses at a new chemical complex in China while...
Grifols Expects to Boost Revenue and Free Cash Flow, Shares Soar
Date: February 27, 2025
BARCELONA (Reuters) - Spanish drugmaker Grifols said on Thursday it expects its revenue, core earnings and free cash flow to grow significantly in the coming years as it aims to leave behind a...