corporate-strategy

Image for Porsche tasks former McLaren boss Leiters with leading revivalFinance

Porsche Tasks Former McLaren Boss Leiters With Leading Revival

Image for Volvo Group expects North America weakness through 2026 amid freight slumpFinance

Volvo Group Expects North America Weakness Through 2026 Amid Freight Slump

Image for What's in Nestle's sprawling food empire as new CEO wields axe?Finance

What's in Nestle's Sprawling Food Empire as New CEO Wields Axe?

Image for Britain's Smiths Group to sell interconnect unit to Koch's Molex in $1.75 billion dealFinance

Britain's Smiths Group to Sell Interconnect Unit to Koch's Molex in $1.75 Billion Deal

Image for Orange dismisses report on raising bid for MasOrange stake

Orange Dismisses Report on Raising Bid for MasOrange Stake

Date: October 16, 2025

By Javi West Larrañaga and Gianluca Lo Nostro (Reuters) -French telecoms group Orange has not submitted an improved 4.8-billion-euro ($5.6-billion) offer for the 50% stake it does not own in Spanish...

Image for Canal+ buys 34% of UGC, says integrating MultiChoice is top priority

Canal+ Buys 34% of Ugc, Says Integrating MultiChoice Is Top Priority

Date: October 16, 2025

(Reuters) -Canal+ said it had acquired a minority stake in French cinema operator and producer UGC, as the French broadcasting company reported a 1.2% organic rise in its nine-month group revenue on...

Image for Little cheer for Pernod as US, Chinese quarterly sales slide

Little Cheer for Pernod as Us, Chinese Quarterly Sales Slide

Date: October 16, 2025

By Dominique Vidalon PARIS (Reuters) -French spirits maker Pernod Ricard said it still expected sales to improve in fiscal year 2026 after reporting a well-flagged 7.6% fall in first quarter sales,...

Image for Nestle to cut 16,000 jobs as new CEO ignites 'turnaround fire'

Nestle to Cut 16,000 Jobs as New CEO Ignites 'turnaround Fire'

Date: October 16, 2025

By Alexander Marrow (Reuters) -Nestle will axe 16,000 jobs as it tries to raise sales volumes, new CEO Philipp Navratil said on Thursday, as the world's largest packaged food company reported better-...

Image for Novo Nordisk begins round of layoffs in United States, sources say

Novo Nordisk Begins Round of Layoffs in United States, Sources Say

Date: October 15, 2025

By Maggie Fick and Dan Levine LONDON/SAN FRANCISCO (Reuters) -Drugmaker Novo Nordisk has begun a round of layoffs in its most important market, the United States, with affected staff set to be...

Image for Altice rejects Bouygues, Orange, Iliad group's offer to buy SFR, AFP reports

Altice Rejects Bouygues, Orange, Iliad Group's Offer to Buy Sfr, Afp Reports

Date: October 15, 2025

PARIS (Reuters) -French telecom group Altice France told employees on Wednesday that it had "immediately rejected" an offer from rivals Bouygues, Orange and Free-Iliad group to buy its mobile unit SFR...