corporate-strategy
FinanceSTMicroelectronics May Cut 2,000-3,000 Jobs in France, Italy - Bloomberg News
FinanceChopard Fragrance Licensee Give Back Beauty Agrees to Buy Rival Ab Parfumes
FinanceSmiths Group to Break up After Activist Pressure, Shares Hit Record High
FinanceIntel's Quarterly Revenue Tops Expectations as Investors Await New CEO
Continental's ContiTech Division to Close Four Plants in Germany
Date: January 30, 2025
(Reuters) - German car parts supplier Continental's ContiTech division is to fully close down four plants and make personnel changes at two other sites, affecting a total of 580 employees, the company...
Heidelberg Materials Bets on US Market Under Trump
Date: January 30, 2025
By Christoph Steitz and Ilona Wissenbach FRANKFURT (Reuters) - Heidelberg Materials, the world's second-largest cement maker, wants to do more deals in the U.S. in 2025 and is confident the policies...
Electrolux Says US Tariffs Could Hit Demand After N.America Improves in Q4
Date: January 30, 2025
(Reuters) - Home appliance maker Electrolux posted a better-than-expected operating profit for the final quarter of 2024 on Thursday, boosted by an improvement in its troubled U.S. operations. The...
Sanofi Plans Share Buybacks, Signals More Deals Post Opella Sale
Date: January 30, 2025
French drugmaker Sanofi reported a fourth-quarter profit that came in-line with analysts' estimates on Thursday, and said it would buy back 5 billion euros ($5.21 billion) in shares this year as it...
Spain's Caixabank Unveils 500-million-euro Share Buyback After Q4 Rate Impact
Date: January 30, 2025
By Jesús Aguado MADRID (Reuters) -Lending income at Spain's Caixabank came under pressure in the fourth quarter due to lower interest rates, though the lender managed to offset the impact with a rise...
Nissan Cuts Shifts, Offers Employee Buyouts at 3 US Plants in Bid to Shed Jobs
Date: January 30, 2025
TOKYO (Reuters) - Japan's Nissan Motor is offering buyouts to workers and cutting back shifts at three U.S. factories, a company spokesperson said on Thursday, as the automaker pushes to slash $2.6...