corporate-strategy

Image for Citigroup exits Russia, closer to completing strategic divestituresFinance

Citigroup Exits Russia, Closer to Completing Strategic Divestitures

Image for Carrefour CEO eyes higher profits under core markets refocusFinance

Carrefour CEO Eyes Higher Profits Under Core Markets Refocus

Image for Blackstone, EQT and CVC make offers for VW’s Everllence, FT reportsFinance

Blackstone, Eqt and Cvc Make Offers for VW’s Everllence, Ft Reports

Image for Australia's Santos targeting 10% job cuts to reduce costsFinance

Australia's Santos Targeting 10% Job Cuts to Reduce Costs

Image for Carrefour operating profit better than expected, says it is confident for 2026

Carrefour Operating Profit Better Than Expected, Says It Is Confident for 2026

Date: February 17, 2026

PARIS, Feb 17 (Reuters) - Carrefour, Europe's largest food retailer, said on Tuesday it was approaching 2026 with confidence after integration costs tied to the acquisition of the Cora and Match...

Image for Wagamama owner mulls sale of airport and rail‑hub dining arm, Sky News reports

Wagamama Owner Mulls Sale of Airport and Rail‑hub Dining Arm, Sky News Reports

Date: February 17, 2026

Feb 17 (Reuters) - Britain's The Restaurant Group is exploring a sale of its airport and rail‑hub restaurant division, which trades under more than 20 brands, Sky News reported on Tuesday. The...

Image for Holiday Inn owner IHG banks on World Cup for US recovery

Holiday Inn Owner Ihg Banks on World Cup for US Recovery

Date: February 17, 2026

Feb 17 (Reuters) - InterContinental Hotels Group reported fourth quarter global revenue per available room above market expectations on Tuesday, as growth in Europe, Middle East and Asia Pacific...

Image for Siemens Energy investors say wind unit spin-off is premature

Siemens Energy Investors Say Wind Unit Spin-Off Is Premature

Date: February 16, 2026

By Christoph Steitz FRANKFURT, Feb 16 (Reuters) - Three major Siemens Energy shareholders said the company should prioritise fixing its loss-making wind turbine division before considering a spin-off,...

Image for Hapag-Lloyd buys Israel's ZIM for $4.2 billion in global shipping tie-up

Hapag-Lloyd Buys Israel's Zim for $4.2 Billion in Global Shipping Tie-Up

Date: February 16, 2026

FRANKFURT, Feb 16 (Reuters) - Container shipping group Hapag-Lloyd said it is in advanced negotiations to acquire Israeli rival ZIM Integrated Shipping Services , a deal that would consolidate its...

Image for Volkswagen plans to cut costs by 20% by end 2028, Manager Magazin reports

Volkswagen Plans to Cut Costs by 20% by End 2028, Manager Magazin Reports

Date: February 16, 2026

Feb 16 (Reuters) - Volkswagen plans to cut costs by 20% across all brands by the end of 2028, Manager Magazin reported on Monday. According to information obtained by the magazine, CEO Oliver Blume...