corporate-strategy

Image for Hobbycraft-owner Modella buys about half of Claire's UK stores out of bankruptcyFinance

Hobbycraft-Owner Modella Buys About Half of Claire's UK Stores Out of Bankruptcy

Image for Iceland's Fly Play to cease all flights, 400 staff to lose jobsFinance

Iceland's Fly Play to Cease All Flights, 400 Staff to Lose Jobs

Image for GSK CEO Walmsley to exit as insider Miels tapped to rev up pipelineFinance

Gsk CEO Walmsley to Exit as Insider Miels Tapped to Rev up Pipeline

Image for Lufthansa to cut 4,000 jobs, raises profitability targetsFinance

Lufthansa to Cut 4,000 Jobs, Raises Profitability Targets

Image for ING facing delay in completing the sale of its Russian unit

ING Facing Delay in Completing the Sale of Its Russian Unit

Date: September 26, 2025

BRUSSELS (Reuters) -Dutch bank ING said on Friday it was facing a delay completing the previously announced sale of its Russian division to Global Development JSC. "At the time, it was expected that...

Image for Exclusive-Lufthansa to cut thousands of jobs in pursuit of efficiency

Exclusive-Lufthansa to Cut Thousands of Jobs in Pursuit of Efficiency

Date: September 26, 2025

By Ilona Wissenbach FRANKFURT (Reuters) -Lufthansa is expected to announce several thousand job cuts on Monday at its first company-wide capital markets day in six years, according to two sources...

Image for VW to overhaul India business amid market pressures, company memo shows

Vw to Overhaul India Business Amid Market Pressures, Company Memo Shows

Date: September 26, 2025

By Aditi Shah NEW DELHI (Reuters) -Volkswagen Group is restructuring its business in India, a key growth market for the carmaker where it wants to invest more but is grappling with policy changes and...

Image for Morning Bid: Stocks cop one-two punch

Morning Bid: Stocks Cop One-Two Punch

Date: September 26, 2025

A look at the day ahead in European and global markets from Rae Wee Just as the word was slowly fading away from the memories of investors, it has been foisted upon them again. Asian share markets...

Image for Starbucks closing stores, including iconic Seattle roastery, as CEO deepens restructuring

Starbucks Closing Stores, Including Iconic Seattle Roastery, as CEO Deepens Restructuring

Date: September 25, 2025

(Reuters) -Starbucks said on Thursday it has approved a restructuring plan to close underperforming coffee houses in North America, and cut some jobs as the company looks to revive sales and profits...

Image for Bosch to cut 13,000 jobs to bring down costs in tough autos market

Bosch to Cut 13,000 Jobs to Bring Down Costs in Tough Autos Market

Date: September 25, 2025

BERLIN (Reuters) -Germany's unlisted automotive supplier Robert Bosch plans to expand an efficiency programme and cut an additional "five-digit number" of jobs, newspaper Handelsblatt cited industry...