corporate-strategy
FinanceChevron Staffers Absorb Long-Awaited Layoffs as CEO Pledges Accountability
FinanceBp Weighs Sale of $10 Billion Castrol Lubricants Unit, Bloomberg News Reports
FinanceItaly's Poste Ready to Raise Telecom Italia Stake as M&A Looms
FinanceContinental to Cut Further 3,000 Jobs in R&d in Automotive Branch
Commerzbank Signs 15-year Contract for New High-Rise Frankfurt Office
Date: February 18, 2025
FRANKFURT (Reuters) - Commerzbank, which last week announced job cuts in Germany as it fends off a takeover approach from Italy's UniCredit, has signed a 15-year rental contract for a new high-rise...
Edenred Sees 2025 Headwinds Overshadow Profit Beat; Shares Fall
Date: February 18, 2025
By Dimitri Rhodes and Hugo Lhomedet (Reuters) - French vouchers provider Edenred said on Tuesday it expects slower revenue growth in 2025 as it winds down its medium-term "Beyond22-25" strategic plan...
Edenred Beats Annual Profit Expectations, Driven by Medium-Term Strategic Plan
Date: February 18, 2025
(Reuters) - French vouchers provider Edenred reported higher-than-expected annual core profit on Tuesday, beating a company-provided consensus, helped by the rollout of its medium-term "Beyond22-25"...
HSBC Axes 40 Dealmakers in Hong Kong as Part of Revamp to Cut Costs, Source Says
Date: February 18, 2025
By Selena Li and Scott Murdoch HONG KONG/SYDNEY (Reuters) -HSBC has laid off around 40 investment bankers in Hong Kong, according to a person with direct knowledge of the matter, as part of a global...
Factbox-Key Elements of Commerzbank's Strategy Update as It Fends Off UniCredit
Date: February 13, 2025
FRANKFURT (Reuters) - Commerzbank said on Thursday it would cut 3,900 jobs and unveiled more ambitious financial targets as part of a strategy revamp designed to head off UniCredit's advances for a...
Schindler Upbeat on North America, Says Local Sourcing Means No US Tariff Hit
Date: February 12, 2025
By Bartosz Dabrowski and Bernadette Hogg (Reuters) -Swiss lift and escalator maker Schindler on Wednesday forecast low single-digit revenue growth and improved margins for 2025, as the services market...